High Roller, the operator of highroller.com and fruta.com, announced Thursday the closing of its initial public offering of 1,250,000 shares of its common stock at a public offering price of $8.00 per share, for gross proceeds of $10 million before deducting underwriting discounts and offering expenses.
High Roller also has granted the underwriters a 45-day option to purchase up to an additional 187,500 shares of common stock to cover a discount.
The company intends to use the net proceeds from the offering for new markets and the launch of one or more new brands or verticals, with the balance of proceeds for general working capital.
ThinkEquity acted as the only book-running manager for the offering.
A registration statement on Form S-1 (File No. 333-276176) relating to the shares was filed with the Securities and Exchange Commission and became effective October 22, 2024.
This offering is being made only by means of a prospectus. Copies of the final prospectus may be obtained from ThinkEquity, 17 State Street, 41st Floor, New York, New York, 10004.
In a statement, the company wrote that High Roller Technologies “operates as a global online gaming operator. The company offers a compelling real money online casino platform with enhanced search engine optimization, direct API integrations, faster load times, and better scalability.”
