Glu Mobile (GLUU) Announces $100M Proposed Public Offering of Common Stock
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Glu Announces Proposed Public Offering of Common Stock
June 2, 2020 4:15 PM EDTSAN FRANCISCO--(BUSINESS WIRE)-- Glu Mobile Inc. (NASDAQ: GLUU), a leading developer and publisher of mobile games, today announced that it intends to offer $100 million of its common stock in an underwritten public offering. In addition, Glu expects to grant the underwriters a 30-day option to purchase up to an additional $15 million of its common stock. All of the shares are being offered by Glu. The offering is subject to market and other conditions and there can be no assurance as to whether or when the offering may be... More
