Renaissance Capital logo

DoubleDown Interactive Priced, Nasdaq: DDI

Leading developer and publisher of mobile- and web-based social casino games.

Industry: Technology

Latest Trade: $12.71 -0.14 (-1.1%)

First Day Return: -1.4%

Return from IPO: -28.6%

Industry: Technology

We are a leading developer and publisher of digital games on mobile and web-based platforms. We are the creators of multi-format interactive entertainment experiences for casual players. Our flagship game, DoubleDown Casino, has been in the top 20 grossing mobile games annually on Apple App Store since 2016, according to App Annie. Our games cater to an expanding casual gaming audience around the world. We have been an early pioneer in the social casino gaming segment of casual gaming and were among the initial publishers to launch a social casino game on the Facebook platform in 2010 with the release of DoubleDown Casino. As the market has shifted materially to mobile platforms in recent years, we have also embraced new distribution channels for our games, which have significantly expanded our overall reach and market opportunity. Our games attract players of social casino and casual games, and have been installed over 115 million times to date. During 2019 and 2020, an average of 2.8 million players and 2.9 million players, respectively, played our games each month, and for the three months ended March 31, 2021, an average of over 2.6 million players played our games each month.
more less
IPO Data
IPO File Date 07/20/2021
Offer Price $18.00
Price Range $18.00 - $20.00
Offer Shares (mm) 6.3
Deal Size ($mm) $114
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 08/30/2021
Offer Price $18.00
Price Range $18.00 - $20.00
Offer Shares (mm) 6.3
Deal Size ($mm) $114
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
B. Riley Securities
Union Gaming (CBRE)
more
Company Data
Headquarters Seoul, South Korea
Founded 2008
Employees 231
Website doubledowninteractive.com

DoubleDown Interactive (DDI) Performance