Advertisement Sales Firm, DoubleDown Interactive, Records 4.2 Million Advertisements for Resale, Facilitated by a Sharing Stockholder
DoubleDown Interactive Planning to Acquire WHOW Games, According to SEC Filing
DoubleDown Interactive (NASDAQ: DDI), a leading interactive entertainment company, has announced plans to acquire WHOW games, as revealed in a recent SEC filing. The filing also disclosed that DoubleDown Interactive is not selling any shares in this offering, and no details were provided about the source of the share price tip from Texas Capital.
The filing states that DoubleDown Interactive is planning to offer up to 4.21 million American Depositary Shares (ADS), with each ADS equivalent to 0.05 of a common share. STIC Special Situation Diamond Limited will be the selling entity in this offering, and DoubleDown Interactive will not receive any proceeds from the sale of these shares.
Interested investors can access the historical earnings data for DoubleDown Interactive, but it's important to note that the data may include financial performance from before the resale of ADSs. The earnings call transcript for DoubleDown Interactive is forthcoming, and the company is scheduled for a Q2 2025 earnings call.
In an interesting development, Seeking Alpha has released its Quant Rating for DoubleDown Interactive, though the rating may not be publicly disclosed. However, the rating provides valuable insights for potential investors.
As for the acquisition of WHOW games, the corporate group considering DoubleDown Interactive as a potential buyer is Azerion. Unfortunately, no information about the terms of the acquisition has been disclosed at this time.
Investors should carefully consider all available information before making any investment decisions. The share price tip from Texas Capital, while intriguing, should be treated with caution as the source remains undisclosed.
Stay tuned for more updates as this story develops.
Read also:
- The Cost of Speech is Zero, True Strength Lies in Unity
- Beginning a Food Truck Venture: Crucial Stages to Achieve Profitability
- Aiming to simplify the move towards cleaner automobiles, the newly established ministry plans to take direct action with Pannier-Runacher, Létard, and Vautrin at the helm.
- "The imperfect yet essential documentary, "Planet of the Humans," raises challenging and uncomfortable inquiries"
