-+ 0.00%
-+ 0.00%
-+ 0.00%

DoubleU Games launches tender offer for DoubleDown Interactive at USD 16.25 per ADS

PUBT·11/10/2026 22:39:16
语音播报
DoubleU Games launches tender offer for DoubleDown Interactive at USD 16.25 per ADS
  • DoubleU Games today launched a cash tender offer for DoubleDown Interactive’s remaining American Depositary Shares (ADSs) at USD 16.25 each.
  • Completion requires 95% ownership, reducible to 90% with consent, plus tenders from more than 50% of ADSs held by unaffiliated holders.
  • An independent special committee unanimously found the transaction fair; the board unanimously endorsed it.
  • Following completion, DoubleU Games will acquire remaining common shares, including those represented by ADSs, at the same per-ADS price.
  • Funding includes cash on hand and a bridge loan facility of up to KRW 300 billion; the offer has no financing condition.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. DoubleDown Interactive Co. Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611101738PRIMZONEFULLFEED9875017) on November 10, 2026, and is solely responsible for the information contained therein.