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DoubleU Games replaces prior DoubleDown proposal with USD 16.25-per-ADS cash tender offer
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DoubleU Games replaces prior DoubleDown proposal with USD 16.25-per-ADS cash tender offer
  • DoubleU Games agreed to acquire DoubleDown Interactive’s outstanding American Depositary Shares not already held by its affiliates for US$16.25 each, replacing its prior proposal.
  • Already owning approximately 67.05%, DoubleU Games would acquire remaining shares through a second-step transaction at the same price per ADS.
  • Completion requires 95% ownership, reducible to 90% with consent, and tenders from more than 50% of ADSs held by unaffiliated holders.
  • An independent special committee unanimously deemed the terms fair; the board unanimously endorsed the agreement.
  • Funding includes cash and a bridge loan facility of up to KRW 300 billion; the offer has no financing condition.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. DoubleDown Interactive Co. Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611090700PRIMZONEFULLFEED9873177) on November 09, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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