Playtika Announces Closing of Initial Public Offering and Full Exercise of Underwriters’ Option to Purchase Additional Shares
Playtika Holding Corp. completed its initial public offering (IPO) on January 20, 2021, offering 79,925,000 shares at $27.00 each. The offering comprised 18,518,500 shares from Playtika and 50,981,500 shares from an existing stockholder, with additional shares sold under the underwriters' option. Playtika did not earn proceeds from the stockholder's sales, and trading commenced on Nasdaq under the symbol 'PLTK' on January 15, 2021. Major financial institutions led the offering, including Morgan Stanley and Credit Suisse.
- Successful completion of IPO raising significant capital.
- Stock began trading on Nasdaq, increasing market visibility.
- Potential dilution of shares due to existing stockholder's sale.
HERZLIYA, Israel, Jan. 20, 2021 (GLOBE NEWSWIRE) -- Playtika Holding Corp. (“Playtika”) today announced the closing of its initial public offering of 79,925,000 shares of its common stock at a price to the public of
Morgan Stanley and Credit Suisse acted as lead bookrunners for the offering. Citigroup, Goldman Sachs & Co. LLC, UBS Investment Bank, and BofA Securities acted as additional bookrunners for the offering. Baird, Cowen, Stifel, and Wedbush Securities acted as co-managers for the offering.
The offering was made only by means of a prospectus. Copies of the final prospectus may be obtained from: Morgan Stanley & Co. LLC, 180 Varick Street, 2nd Floor, New York, New York 10014, Attn: Prospectus Department or Credit Suisse Securities (USA) LLC, Attention: Prospectus Department, 6933 Louis Stephens Drive, Morrisville, NC 27560, by telephone at (800) 221-1037 or by email at usa.prospectus@credit-suisse.com.
A registration statement relating to the sale of these securities has been filed with the Securities and Exchange Commission and became effective on January 14, 2021. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Playtika
Playtika Holding Corp. is a leading mobile gaming company and monetization platform with over 35 million monthly active users across a portfolio of games titles. Founded in 2010, Playtika was among the first to offer free-to-play social games on social networks and, shortly after, on mobile platforms. Headquartered in Herzliya, Israel, and guided by a mission to entertain the world through infinite ways to play, Playtika has over 3,700 employees in 19 offices worldwide including Tel-Aviv, London, Berlin, Vienna, Helsinki, Montreal, Chicago, Las Vegas, Santa Monica, Newport Beach, Sydney, Kiev, Bucharest, Minsk, Dnepr, and Vinnytsia.
Contact
Investor Contact
Playtika
David Niederman
davidni@playtika.com
Press Contact
The OutCast Agency
Angela Allison
playtika@theoutcastagency.com
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