DoubleDown Interactive Co. Ltd. (DDI) Announces 5.3M Share IPO at $18-$20/sh
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DoubleDown Interactive Co., Ltd. Announces Proposed U.S. Initial Public Offering and Listing on NASDAQ
August 25, 2021 7:00 AM EDTSEATTLE, Aug. 25, 2021 (GLOBE NEWSWIRE) -- DoubleDown Interactive Co., Ltd. (DoubleDown, a subsidiary of DoubleU Games Co., Ltd.) announced today that it has commenced an initial public offering of its shares in the form of American depositary shares (ADSs) in the United States. The estimated price range per ADS is $18 to $20. The number of primary ADSs to be offered and sold by DoubleDown is 5,263,000, and the number of ADSs to be offered and sold by a selling shareholder is 1,053,000.
B. Riley Securities is acting as the sole bookrunner for the proposed offering. CBRE and Northland Capital... More
