B. Riley to Commence Tender Offer to Acquire Additional Shares of DoubleDown Interactive
B. Riley to Commence Tender Offer to Acquire Additional Shares of DoubleDown Interactive
Intends to offer to purchase an additional 2,000,000 ADS of DDI at the initial public offering price of$18.00
打算提出以首次公開募股(IPO)價格額外收購ADS 200萬股DDI$18.00
LOS ANGELES,Sept. 13, 2021/PRNewswire/ -- B. Riley Financial, Inc. (Nasdaq: RILY) today announced it intends to commence a cash tender offer, through its wholly owned subsidiary (together, "B. Riley"), to purchase additional shares of DoubleDown Interactive Co., Ltd. (Nasdaq: DDI) ("DDI"), a leading developer and publisher of digital social casino games.
洛杉磯，9月2021年12月13日/美通社/--B.萊利金融公司(納斯達克股票代碼：RILY)今天宣佈，它打算通過其全資子公司(統稱為B.Riley)開始現金收購要約，以購買以下公司的額外股份DoubleDown互動有限公司納斯達克股票代碼：DDI)，一家領先的數字社交賭場遊戲開發商和發行商。
B. Riley intends to commence a tender offer to purchase up to 2,000,000 American Depositary Shares ("ADS"), each representing 0.05 of a common share of DDI, at$18.00per ADS. Terms of the tender offer are expected to be finalized shortly with the tender offer to formally commence by late September.
B.萊利打算開始一項投標要約，購買最多200萬股美國存托股票(“ADS”)，每股相當於DDI普通股的0.05%，每股ADS 18.00美元。投標報價的條款預計很快就會敲定，投標報價將於9月下旬正式開始。
"We have been a significant purchaser of DDI in the open market since its initial public offering. As a well-run, highly profitable company with a predictable business model, DDI is a company in which we have strong conviction," saidBryant Riley, Chairman and Co-Chief Executive Officer of B. Riley Financial. "Through this tender offer, we are providing transparency to shareholders of our intent to acquire additional shares at what we believe represents a highly compelling value at the proposed tender price of$18.00. We look forward to commencing the tender offer process and continuing our partnership with DDI and its shareholders."
B.Riley Financial董事長兼聯席首席執行官布萊恩特·萊利(Bryant Riley)説：“自DDI首次公開發行以來，我們一直是它在公開市場上的重要買家。作為一家經營良好、利潤豐厚、商業模式可預測的公司，DDI是一家我們堅信的公司。”通過這次收購要約，我們向股東提供了透明度，表明我們打算以18.00美元的建議投標價格以我們認為代表着極具説服力的價值收購額外股份的意圖。我們期待着啟動投標要約程序，並繼續我們與DDI及其股東的夥伴關係。“
About B. Riley Financial
關於B.Riley Financial
B. Riley Financial provides collaborative solutions tailored to fit the capital raising and business advisory needs of its clients and partners. B. Riley operates through several subsidiaries that offer a diverse range of complementary end-to-end capabilities spanning investment banking and institutional brokerage, private wealth and investment management, financial consulting, corporate restructuring, operations management, risk and compliance, due diligence, forensic accounting, litigation support, appraisal and valuation, auction and liquidation services. For more information, please visit www.brileyfin.com.
萊利金融提供協作解決方案，以滿足其客户和合作夥伴的融資和商業諮詢需求。B.萊利通過幾家子公司運營，這些子公司提供各種互補的端到端能力，涵蓋投資銀行和機構經紀、私人財富和投資管理、金融諮詢、公司重組、運營管理、風險和合規、盡職調查、法務會計、訴訟支持、評估和估值、拍賣和清算服務。欲瞭解更多信息，請訪問www.brileyfin.com。
Forward-Looking Statements
前瞻性陳述
Statements in this press release that are not descriptions of historical facts are "forward-looking statements" are based on management's current expectations and assumptions and are subject to risks and uncertainties. If such risks or uncertainties materialize or such assumptions prove incorrect, the business, operating results, financial condition and stock price of B. Riley or DDI could be materially negatively affected. You should not place undue reliance on such forward-looking statements, which are based on the information currently available to us and speak only as of the date of this press release. Factors that could cause actual results to differ include (without limitation) the possibility that the tender offer will not be consummated at the expected time, on the expected terms, or at all; and the risks associated with the unpredictable and ongoing impact of the COVID-19 pandemic, the other risks described from time to time in B. Riley Financial, Inc.'s periodic filings with the Securities and Exchange Commission ("SEC"), including, without limitation, the risks described in B. Riley Financial, Inc.'s Annual Report on Form 10-K for the year endedDecember 31, 2020and Quarterly Reports on Form 10-Q for the quarters endedMarch 31, 2021andJune 30, 2021under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" (as applicable), and the other risks described from time to time in DDI's periodic filings with the SEC (as applicable). These factors should be considered carefully, and readers are cautioned not to place undue reliance on such forward-looking statements. All information is current as of the date this press release is issued, and B. Riley undertakes any duty to update this information, except as required by law.
本新聞稿中不描述歷史事實的陳述是“前瞻性陳述”，基於管理層目前的預期和假設，受風險和不確定因素的影響。如果這樣的風險或不確定性成為現實，或者這樣的假設被證明是不正確的，B.Riley或DDI的業務、經營業績、財務狀況和股票價格可能會受到實質性的負面影響。您不應過分依賴此類前瞻性陳述，這些陳述基於我們目前掌握的信息，僅在本新聞稿發佈之日發表。可能導致實際結果不同的因素包括(但不限於)收購要約不會在預期時間、預期條款或根本不能完成的可能性；以及與新冠肺炎大流行不可預測的持續影響相關的風險，以及B.Riley Financial，Inc.不時向美國證券交易委員會(SEC)提交的定期文件中描述的其他風險，包括但不限於B.Riley Financial，Inc.截至2020年12月31日的年度Form 10-K報告和截至2021年3月31日和2021年6月30日的Form 10-Q季度報告中在“風險因素”標題下描述的風險，以及B.Riley Financial，Inc.在提交給美國證券交易委員會(SEC)的定期文件中描述的其他風險，包括但不限於B.Riley Financial，Inc.截至2020年12月31日的10-K表格年度報告和截至2021年3月31日和2021年6月30日的10-Q表格季度報告中描述的風險以及DDI不時向美國證券交易委員會(SEC)提交的定期文件中描述的其他風險(視情況而定)。這些因素應慎重考慮，提醒讀者不要過度依賴此類前瞻性陳述。自本新聞稿發佈之日起，所有信息均為最新信息，除法律要求外，B.Riley承擔更新這些信息的任何責任。
No Offer or Solicitation
沒有要約或邀約
The tender offer referred to in this communication has not yet commenced. The description contained in this communication is neither an offer to purchase nor a solicitation of an offer to sell any securities, nor is it a substitute for the tender offer materials that B. Riley or its subsidiary will file with the Securities and Exchange Commission (the "SEC"). The solicitation and offer to buy American Depositary Shares ("ADS") of DDI will only be made pursuant to an offer to purchase and related tender offer materials. At the time the tender offer is commenced, B. Riley will file a tender offer statement on Schedule TO. THE TENDER OFFER MATERIALS (INCLUDING AN OFFER TO PURCHASE, A RELATED LETTER OF TRANSMITTAL AND CERTAIN OTHER OFFER DOCUMENTS) WILL CONTAIN IMPORTANT INFORMATION. Holders of DDI ADS ARE URGED TO READ THESE DOCUMENTS CAREFULLY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION THAT HOLDERS SHOULD CONSIDER BEFORE MAKING ANY DECISION REGARDING TENDERING THEIR ADS. The offer to purchase and related letter of transmittal will be made available free of charge at the SEC's website at www.sec.gov. Additional copies may be obtained for free by contacting B. Riley. Copies of the documents filed with the SEC by B. Riley will be available free of charge on B. Riley's investor relations website at ir.brileyfin.com or by contacting B. Riley's investor relations at ir@brileyfin.com.
本函件所指的收購要約尚未開始。本通信中包含的説明既不是購買要約，也不是出售任何證券的要約邀約，也不能替代B.Riley或其子公司將向美國證券交易委員會(SEC)提交的投標要約材料。邀請和要約購買DDI的美國存托股份(“ADS”)將僅根據要約購買和相關的投標要約材料進行。在要約收購開始時，B.萊利將如期提交要約收購聲明。投標報價材料(包括一份購買報價、一封相關的傳送函和某些其他報價文件)將包含重要信息。ADS持有人在備妥這些文件時，應仔細閲讀，因為其中載有重要資料，持有人在作出有關投標ADS的任何決定前，應考慮這些資料。購買要約和相關的傳送函將在證券交易委員會的網站上免費提供，網址為www.sec.gov。更多的副本可以通過聯繫B.Riley免費獲得。B.Riley向證券交易委員會提交的文件副本可在B.Riley的投資者關係網站上免費獲取，網址為ir.brileyfin.com，或聯繫B.Riley的投資者關係，網址為ir@brileyfin.com。
Contacts
聯繫人
Mike Frank
邁克·弗蘭克
Investor Relations
投資者關係
ir@brileyfin.com
郵箱：ir@brileyfin.com
(212) 409-2424
(212) 409-2424
Jo Anne McCusker
喬·安妮·麥卡斯克
Media Relations
媒體關係
press@brileyfin.com
按下@brileyfin.com
(646) 885-5425
(646) 885-5425
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SOURCE B. Riley Financial
來源：B.萊利金融
譯文內容由第三人軟體翻譯。