09:26 AM EDT, 06/12/2025 (MT Newswires) -- DoubleDown Interactive ( DDI ) said Thursday it priced an underwritten secondary offering of around 4.3 million American depositary shares held by STIC Special Situation Diamond at $8.50 per ADS.

The underwriters have been granted a 30-day option to purchase up to 652,173 additional ADS at the same price, DoubleDown Interactive ( DDI ) said. Each ADS represents 0.05 common share of DoubleDown.

The offering is expected to close around Friday, the company said, adding it will not receive any proceeds from the transaction.

DoubleDown shares were down 15% in recent premarket activity Thursday.