ambling.com Group Limited announced on its official website on Thursday the pricing of its initial public offering of 5,250,000 ordinary shares, offered at a price of $8.00 each. The underwriters will also have a 30-day option to purchase up to an additional 787,500 ordinary shares from the company at the initial public offering price, underwriting discounts and commissions.
According to the information provided through the company’s press release, the stocks begin trading on the Nasdaq Global Market since Friday, July 23, under the ticker symbol “GAMB”. The offering will close on July 27, 2021.
This comes after the company commenced an initial public offering of 7,500,000 ordinary shares earlier this month, applying to list its shares on Nasdaq. The prices ranged from $11.00 to $13.00 each.
Jefferies LLC will act as lead book-running manager and representative of the underwriters for the offering, which will be made only by means of a prospectus. The final copy may be obtained from Jefferies.