High Roller Technologies Announces Closing of its Initial Public Offering
25 October 2024 - 5:22AM
High Roller Technologies, Inc. (“High Roller” and the “Company”)
(NYSE American: ROLR), operator of www.HighRoller.com and
www.Fruta.com, each a premium brand in online gaming and a
destination for high rollers, today announced the closing of its
initial public offering of 1,250,000 shares of its common stock at
a public offering price of $8.00 per share, for gross proceeds of
$10 million, before deducting underwriting discounts and offering
expenses. In addition, High Roller has granted the underwriters a
45-day option to purchase up to an additional 187,500 shares of
common stock to cover over-allotments at the initial public
offering price, less the underwriting discount.
High Roller intends to use the net proceeds from
the offering 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.
ThinkEquity acted as sole book-running manager
for the offering.
A registration statement on Form S-1 (File No.
333-276176) relating to the shares was filed with the Securities
and Exchange Commission (“SEC”) and became effective on October 22,
2024. This offering is being made only by means of a prospectus.
Copies of the final prospectus may be obtained from ThinkEquity, 17
State Street, 41st Floor, New York, New York 10004.
This press release shall not constitute an offer
to sell or a solicitation of an offer to buy, nor shall there be
any sale of these securities in any state or jurisdiction in which
such an offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such
state or jurisdiction.
About High Roller Technologies, Inc.
High Roller Technologies, Inc. operates as a
global online gaming operator. The Company offers a compelling real
money online casino platform with enhanced search engine
optimization, direct API integrations, faster load times, and
better scalability. High Roller Technologies serves customers
worldwide.
Forward Looking Statements
Certain statements in this press release
constitute "forward-looking statements" within the meaning of the
federal securities laws. Words such as "may," "might," "will,"
"should," "believe," "expect," "anticipate," "estimate,"
"continue," "predict," "forecast," "project," "plan," "intend" or
similar expressions, or statements regarding intent, belief, or
current expectations, are forward-looking statements. While the
Company believes these forward-looking statements are reasonable,
undue reliance should not be placed on any such forward-looking
statements, which are based on information available to us on the
date of this release. These forward-looking statements are based
upon current estimates and assumptions and are subject to various
risks and uncertainties, including without limitation those set
forth in the Company's filings with the SEC, not limited to Risk
Factors relating to its business contained therein. Thus, actual
results could be materially different. The Company expressly
disclaims any obligation to update or alter statements whether as a
result of new information, future events or otherwise, except as
required by law.
Contact:
ir@highroller.com800-460-1039
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