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DoubleDown Interactive postpones $86 million US IPO Administration 2020.07.01 |
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DoubleDown Interactive, a leading developer and publisher of mobile- and web-based social casino games, postponed its IPO on Wednesday. It had filed to raise $86 million by offering 5.5 million shares (100% primary) at a price range of $15.60 to $15.60. The company cut its deal size from its original plan to raise $198 million by offering 11 million ADSs (50% primary) at a price range of $17 to $19. The article DoubleDown Interactive postpones $86 million US IPO originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. |