Industry News
NeoGames Announces Pricing of $81.7M IPO

NeoGames, a technology-driven provider of end-to-end iLottery solutions, has announced the pricing of its initial public offering of 4,807,522 ordinary shares, consisting of 2,627,061 ordinary shares being offered by the Company and 2,180,461 ordinary shares being offered by certain selling shareholders, at a price of $17.00 per ordinary share.
The Company has granted the underwriters a 30-day option to purchase up to an additional 721,128 ordinary shares at the initial public offering price. The shares will be listed on the Nasdaq Global Market and trade under the ticker symbol NGMS. The offering is expected to close on November 23, 2020, subject to the satisfaction of customary closing conditions.
Stifel is acting as the lead bookrunner for the offering and as representative of the underwriters, and Macquarie Capital and Truist Securities are acting as joint bookrunners for the offering.
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