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SEATTLE and SEOUL, July 07, 2021 (GLOBE NEWSWIRE) — DoubleDown Interactive Co., Ltd., organized beneath the legal guidelines of the Republic of Korea (the “Firm”), a subsidiary of Korea-based DoubleU Video games Co., Ltd., introduced immediately that it has engaged B. Riley Securities, Inc. because the lead underwriter of its beforehand introduced proposed U.S. preliminary public providing of its widespread shares within the type of American Depositary Shares (the “ADSs”). The ADSs have been authorised for itemizing on the NASDAQ Inventory Market (“NASDAQ”) beneath the image “DDI.” Macquarie Capital (USA) Inc. will stay as an lively underwriter.
A post-effective modification to the Firm’s registration assertion on Kind F-1 relating to those securities has been filed with the U.S. Securities and Change Fee (the “SEC”) however has not but grow to be efficient. These securities might not be bought nor could gives to purchase be accepted previous to the time such the registration assertion, as amended, turns into efficient and any such provide could also be withdrawn or revoked, with out obligation or dedication of any type, at any time prior to note of its acceptance given after the efficient date. The proposed providing might be made solely via a prospectus contained within the Firm’s registration assertion, as amended. Copies of the preliminary prospectus referring to the Providing, when obtainable, could also be obtained through the use of EDGAR on the SEC web site at www.sec.gov or by contacting: B. Riley Securities, Inc., 1300 17th Avenue North, Suite 1300, Arlington, VA 22209, phone: (703) 312-9580 or e-mail: prospectuses@brileyfin.com and/or Macquarie Capital (USA) Inc., 125 West fifty fifth Avenue, New York, NY 10019, phone: (212) 231-1000 or e-mail: macquarieequitysyndicateusa@macquarie.com.
This press launch has been ready for informational functions solely and shall not represent a suggestion to promote or the solicitation of a suggestion to purchase any securities and no sale of those securities could also be made in any state or jurisdiction through which such provide, solicitation or sale could be illegal previous to registration or qualification beneath the securities legal guidelines of any such state or different jurisdiction.
Sure statements herein are “forward-looking statements” made pursuant to the secure harbor provisions of the Non-public Securities Litigation Reform Act of 1995. Such forward-looking statements replicate the Firm’s present expectations or beliefs regarding future occasions and precise occasions could differ materially from present expectations. Any such forward-looking statements are topic to varied dangers and uncertainties, together with the power of the financial system, modifications to the marketplace for securities, political or monetary instability and different components that are set forth within the Firm’s registration assertion on Kind F-1, as amended, and annual report on Kind 20-F and in all filings with the SEC made by the Firm subsequent to the submitting thereof. The Firm doesn’t undertake to publicly replace or revise its forward-looking statements, whether or not on account of new info, future occasions or in any other case.
Firm Contacts
Investor Relations:
Joe Sigrist
ir@doubledown.com
+1 (206) 408-7545
Chief Monetary Officer
SOURCE Doubledowninteractive
Associated Hyperlinks
https://www.doubledowninteractive.com/
