ACI - U.S. IPO Week Ahead: GAN Bets On Itself In A One-IPO Week
Just one IPO is scheduled for the week ahead, though there are a handful of deals in the IPO pipeline that are primed for May public offerings.
Internet gambling software provider GAN Limited (GAN) plans to raise $48 million at a $224 million fully diluted market cap after upsizing its deal by 57%. The London-based company has been focusing its efforts on US expansion, capitalizing on the country's legalization of sports betting in 2018, and its largest customer is fantasy sports site FanDuel (46% of 2019 revenue). While larger than GAN, sports betting platform