GAMB - Gambling.com launches secondary offering of 4.25M shares

2023-06-14 16:10:33 ET

• Gambling.com ( NASDAQ: GAMB ) said Wednesday that its selling shareholders plan to sell 4.25 million ordinary shares of the company in a secondary offering.
• Edison Partners IX LP, Mark Blandford, and Gerard J. Hall are the selling shareholders in the offering.
• The selling shareholders expect to grant the underwriters a 30-day option to purchase up to 637,500 additional ordinary shares.
• The company will not receive any proceeds from the secondary offering.
• Jefferies and Stifel are acting as joint lead book-running managers for the offering.
• B. Riley Securities, BTIG, and Craig-Hallum are also acting as book-running managers.
• Press Release .
• Shares -4.6% at $10.50 after hours.

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