Gambling.com Group Limited announced today that it has commenced an initial public offering of 7,500,000 ordinary shares offered by the Company and certain selling shareholders.
The underwriters of the offering will also have a 30-day option to purchase up to an additional 1,125,000 ordinary shares from the selling shareholders at the initial public offering price, less underwriting discounts and commissions.
The initial public offering price is currently estimated to be between $11.00 and $13.00 per ordinary share. The Company has applied to list its shares on the Nasdaq Stock Market under the ticker symbol “GAMB.”
Jefferies LLC is acting as lead book-running manager and representative of the underwriters for the offering. Stifel, Nicolaus & Company, Inc. and Truist Securities, Inc. will also serve as book-running managers for the offering.
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