04:13 AM EDT, 10/23/2024 (MT Newswires) -- High Roller Technologies ( ROLR ) , an online gaming operator, said late Tuesday it priced its initial public offering of 1.25 million shares at $8 per share for gross proceeds of $10 million.

The company has also granted the underwriters a 45-day option to purchase up to an additional 187,500 shares to cover any over-allotments.

The shares of the company to begin trading on the NYSE under the ticker symbol "ROLR" on Wednesday.

Proceeds from the offering, expected to close on Thursday, would be used for new user acquisition, the expansion to North American and/or other regulated markets, the launch of one or more new brands or verticals, and the balance of proceeds for general working capital.