Stay updated on DoubleDown Interactive's Initial Public Offering.

Friday, August 6, 2024
DoubleDown Interactive entrée bourse

I am excited to share the news that DoubleDown Interactive, a prominent player in the realm of mobile casino gaming software, has recently made a significant announcement. They have expressed their intention to embark on a thrilling new chapter by becoming a publicly traded company on the renowned Nasdaq stock exchange. As a subsidiary of the esteemed DoubleU Games group, DoubleDown Interactive is taking bold steps forward by embarking on a fundraising campaign. This campaign aims to secure an impressive sum of 100 million dollars, which will be utilized for their highly anticipated listing on the Nasdaq stock exchange in the near future.

DoubleDown Interactive, a symbol of excellence.

Since its establishment in 2018, the publisher's casino games have garnered more than 115 million downloads, making it a force to be reckoned with in the industry. Notably, it has consistently secured a coveted spot amongst the top 20 most popular casino games on the Apple Store since 2016. Impressively, its revenue skyrocketed, reaching an impressive $379 million from March 2020 to 2024.

DoubleDown Interactive is taking things to the next level with the commencement of a $100 million fundraising campaign.

I plan to enter the Nasdaq stock market in the coming months in order to continue my rapid growth. I have filed my initial public offering on the Nasdaq and anticipate raising approximately $100 million.

An excellently arranged stock market strategy

Upon receiving the necessary approval from the relevant authorities, the general public will be granted the opportunity to acquire the shares that are being made available by Double Down Interactive. A grand total of 315,800 common shares will be up for grabs, each comprising of 20 American depositary shares, referred to as "ADS" in English. The combined value of these shares is an impressive 6.3 million.

By the end of the process, Double Down Interactive estimates that it will be able to earn a total of 100 million dollars, after deducting operating costs. The price range for each ADS is set at $18 to $20, which would result in a total sum between 113.7 and 145 million dollars.

DoubleDown Interactive bourse

The highly sought-after games developed by DoubleDown Interactive.

DoubleDown Interactive is globally recognized as a highly esteemed publisher of casino games, credited with the creation and operation of the following renowned virtual gambling establishments:

  • ♦️ 🎰 Double Down CasinoThe interface of the Double Down casino is of high quality and its game catalog offers advantageous features, making it a popular choice among English-speaking players. It offers a wide selection of over 150 slot games and table games like blackjack, roulette, and video poker.
  • ♦️ 🎰 Double Down Fort KnoxThe library provides a wide range of slot games in various forms, including classic machines, 5-reel and video slots, 3D slots, and unique creations from Double Down Interactive studios.
  • ♦️ 🎰 Double Down Classic SlotsIt provides endless entertainment for fans of classic slot machines, exclusively featuring 3 and 5 reel slots. Players can enjoy collecting bonuses and cashback rewards.

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