High Roller Technologies (ROLR), an online gaming operator, on Thursday announced the closing of its initial public offering.
The company sold 1.25 million shares at $8 per share for gross proceeds of $10 million.
The shares of the company started trading on the NYSE under the ticker symbol "ROLR" on Wednesday.
The company has granted the underwriters a 45-day option to purchase up to an additional 187,500 shares to cover any over-allotments.
Proceeds from the offering would be used 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, according to the company.
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