High Roller Technologies said that it priced its initial public offering of 1.25 million shares of the company’s common stock at a public offering price of $8.00 per share, for aggregate gross proceeds of $10 million prior to deducting underwriting discounts and other offering expenses. 

In addition, High Roller has granted the underwriters a 45-day option to purchase up to an additional 187,500 shares of common stock to cover over-allotments, if any.

The shares of common stock are expected to begin trading on the NYSE American under the ticker symbol “ROLR” on October 23, 2024. The offering is expected to close on October 24, 2024.

High Roller plans to use the net proceeds from the offering for new user acquisition, the expansion to North American and/or other regulated markets, the launch of one or more new brands or verticals, and the balance of proceeds for general working capital.

ThinkEquity is acting as sole book-running manager for the offering