B. Riley Financial commences tender offer for up to 2M ADSs of DoubleDown » 07:4709/2309/23/21
B. Riley Financial…
B. Riley Financial (RILY), through its wholly owned subsidiary, B. Riley Securities, commenced its previously announced cash tender offer for the purchase of up to 2M American Depositary Shares of DoubleDown (DDI). B. Riley is offering to purchase up to 2M ADS of DDI, each representing 0.05 of a common share of DDI, that are not held by B. Riley or any of its subsidiaries. The Offer Price is $18.00 per DDI ADS, to be paid net to the seller in cash. B. Riley is making this Offer to increase its investment and because it believes the current market value for the ADS is not reflective of DDI's intrinsic value. The Offer is scheduled to expire at 12:00 midnight, NYC time, on October 22unless the Offer is extended or earlier terminated.
|Over a week ago|
Opening Day: Sports analytics company Sportradar drops in trading debut » 10:3409/1809/18/21
FORG, HZON, ACT, ONON, DICE, DH, BROS, TWKS, PRCT, KTTA, SRAD, RNXT, SQL, DDI, QNIU, CMSL, SPRK, SCAN, AUTH, ARBK, WRBY, TOST, HLTH, ALVU, BIRD, GTLB, KETR, AMZN, F, BABA, EZFL
DoubleDown launches Undead World: Hero Survival » 07:0909/1409/14/21
DoubleDown Interactive announced the launch of Undead World: Hero Survival, a zombie apocalypse RPG that uses a mixture of idle gameplay and character collecting and upgrading. This launch marks a strategic departure for the company, which has previously focused on the casino genre. Undead World: Hero Survival is expected to launch worldwide in late September and will be available on iOS and Android devices.
B. Riley Financial to acquire additional shares of DoubleDown » 07:0709/1309/13/21
B. Riley Financial (RILY)…
B. Riley Financial (RILY) announced it intends to commence a cash tender offer, through its wholly owned subsidiary, to purchase additional shares of DoubleDown Interactive (DDI). B. Riley intends to commence a tender offer to purchase up to 2M American Depositary Shares, each representing 0.05 of a common share of DDI, at $18.00 per ADS. Terms of the tender offer are expected to be finalized shortly with the tender offer to formally commence by late September.
Opening Day: DoubleDown makes market debut in another slow week for IPOs » 07:5909/0409/04/21
WEBR, ADGI, DDI, SSBK, DRMA, DATS, QNIU, CMSL, SPRK, SCAN, AUTH, ARBK, PRCT, SRAD, WRBY, ONON, TOST, HLTH, ALVU, BIRD, AMZN, F
In another quiet week for…
DoubleDown opens at $18, IPO priced at $18 per share » 11:4308/3108/31/21
DoubleDown Interactive (DDI) priced 6.3M shares at $18.00. The deal range was $18.00-$20.00. B. Riley acted as lead book running manager for the offering.
DoubleDown 6.3M share IPO priced at $18.00 » 07:0608/3108/31/21
The deal range was…
The deal range was $18.00-$20.00. B. Riley acted as lead book running manager for the offering.