M&A/Tender offer/2026/DoubleDown Interactive Co., Ltd.

DoubleDown Interactive Co., Ltd. DDI

DoubleU Games Co., Ltd. is buying DoubleDown Interactive Co., Ltd. (DDI), paying holders in cash, expected to close Dec 10, 2026. Develops and publishes social casino games through its subsidiary DoubleDown Interactive LLC, primarily for mobile and web platforms.

Holders get
Cash
US$16.25 per ADS, net to the seller in cash, without interest and less any applicable withholding taxes
Deal value
Not given
Expected close
Dec 10, 2026
Status
Pending
Checked
See the filing →

Filed

The deal

DoubleU Games Co., Ltd. is buying DoubleDown Interactive Co., Ltd., which develops and publishes social casino games through its subsidiary DoubleDown Interactive LLC, primarily for mobile and web platforms. Holders will receive US$16.25 per ADS, net to the seller in cash, without interest and less any applicable withholding taxes.

The Offer will expire at 5:00 p.m., New York City time, on December 10, 2026, unless the Offer is extended or earlier terminated. It requires a minimum tender of at least 95% of total issued and outstanding Common Shares, a Majority-of-the-Minority Condition, absence of any legal restraint enjoining the Offer or the Post-Offer Transaction, and accuracy of the Company's representations and warranties in the Transaction Agreement.

What has happened

Agreement signed · See the filing
The board answered the offer

What must happen first

Minimum Tender Condition of at least 95% of total issued and outstanding Common Shares
Majority-of-the-Minority Condition
absence of any legal restraint enjoining the Offer or the Post-Offer Transaction
accuracy of the Company's representations and warranties in the Transaction Agreement

The board says

ACCEPT the Offer and TENDER their ADSs pursuant to the Offer