Israeli video game company Playtika listed on US stock exchange

Published date17 January 2021
AuthorJERUSALEM POST STAFF
Publication titleJerusalem Post, The: Web Edition Articles (Israel)
The offering includes 18,518,500 stocks by Playtika and 50,981,500 regular stocks offered by another shareholder. Buyers will also have 30 days to buy an additional 10,425,000 stocks for the price of the initial public offering, once other fees have been cleared.

The exchange began on NASDAQ on January 15 under ticker symbol PLTK, and will close on January 20.

Founded in 2010, Playtika has more than 35 million monthly active users and its games include Bingo Blitz and Slotomania.

In 2016, a group of Chinese investors, including Giant Network Group Co. Ltd. and Yunfeng Capital, a private equity firm founded by Alibaba Group's Jack Ma...

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