High Roller Technologies, which operates an online casino gaming platform, announced terms for its IPO on Thursday.
The Las Vegas, NV-based company plans to raise $14 million by offering 1.5 million shares at a price range of $8 to $10. At the midpoint of the proposed range, High Roller Technologies would command a fully diluted market value of $78 million.
High Roller Technologies is an online gaming operator that offers a real money online casino platform. Its platform is based around a set of gaming products, which it refers to as "iCasino" and is offered to players in select markets throughout the world. It currently offers more than 3,000 games, including video slots, blackjack, roulette, baccarat, craps, and video poker, and its 50+ providers include names like Evolution Gaming and Pragmatic Play, among others.
High Roller Technologies was founded in 2021 and booked $29 million in revenue for the 12 months ended September 30, 2023. It plans to list on the NYSE American under the symbol HRLR. ThinkEquity is the sole bookrunner on the deal.
