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Blog sets initial Nasdaq IPO pricing

SBC News Group Limited has announced the pricing of its initial public offering of 5,250,000 ordinary shares offered by the company at $8 per ordinary share.

The underwriters of the offering will also have a 30-day option to purchase up to an additional 787,500 ordinary shares from at the initial public offering price, less underwriting discounts, and commissions.

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The company noted in a statement that the shares are expected to begin trading on the Nasdaq Global Market on July 23, 2021, under the ticker symbol ‘GAMB’, and it is expected to close on July 27, 2021, subject to satisfaction of customary closing conditions.

Jefferies LLC will act as lead book-running manager and representative of the underwriters for the offering, while Stifel, Nicolaus & Company, Incorporated and Truist Securities, Inc is serving as book-running managers. added that the offering will be made only using a prospectus. A copy of the final prospectus relating to this offering, when available, may be obtained from Jefferies LLC, Attn: Equity Syndicate Prospectus Department, 520 Madison Avenue, New York, NY 10022, by phone at (877) 821-7388, or by email at


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