Group Announce Set IPO Price

The pricing of Group Limited’s initial public offering of 5,250,000 ordinary shares, priced at $8 per share, has been announced.

The offering’s underwriters will also have a 30-day option to purchase up to 787,500 additional ordinary shares from at the initial public offering price, less underwriting discounts and fees.

The shares are expected to begin trading on the Nasdaq Global Market on July 23, 2021, under the ticker code “GAMB,” and to close on July 27, 2021, subject to satisfaction of customary closing conditions, according to the company.

Book running managers

Stifel, Nicolaus & Company, Incorporated and Truist Securities, Inc will serve as book-running managers for the offering, with Jefferies LLC serving as the lead book-running manager and representative of the underwriters.

The offering will only be made through a prospectus, according to When available, a copy of the final prospectus for this offering can be acquired from Jefferies LLC, Attn: Equity Syndicate Prospectus Department, 520 Madison Avenue, New York, NY 10022, or by email at Prospectus [email protected]

The US Securities and Exchange Commission received a registration statement on Form F-1 relating to these securities on July 22, 2021, and deemed it effective.

The Virginia Lottery granted KAX Media America Inc, a US subsidiary of Group, a sports betting vendor registration earlier this year, allowing it to provide marketing services to licenced operators in the Old Dominion State.

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About Joe Kizlauskas

Joe is a seasoned iGaming copywriter and speaker who has been in the business since 2015. He's written more words on all elements of iGaming than he likes to remember, and he's contributed material to a number of well-known brands. Joe may be seen playing 5 a side, at the gym or playing games on his Playstation when he is not writing.