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/PRNewswire/ -- Playtika Holding Corp. (NASDAQ: PLTK) ("Playtika"), a mobile gaming entertainment and technology market leader with a portfolio of multiple...
Press release content from PR Newswire. The AP news staff was not involved in its creation.
Robert Antokol, the co-founder and CEO of Israeli-based mobile gaming company Playtika Ltd., founded the company in 2010 along with Uri Shahak. The pair started working in offices above a laundromat and employed only 10 people. On Friday, Playtika became the largest Israeli gaming company to be listed on the Nasdaq with a valuation of $11.7 billion, employing 3,700 people, spread out over 19 different locations around the world. “We aim for Playtika to be the largest gaming company in the world,” Antokol said in an interview with Calcalist. “Now, after ten years of work, we feel that...
Playtika has successfully raised just shy of $1.88 billion through its Initial Public Offering. These shares begin trading on the Nasdaq Global Select Market today under the symbol 'PLTK' with the offering due to close on Wednesday, January 20. The sale consisted of 18.5 million shares of common stock from Playtika, while the other 51 million were sold by an existing stockholder. Playtika will not receive any of the proceeds from sales of the latter. As previously reported, the proceeds Playtika raised will be used for a mix of general corporate expenses, the potential repayment of loans, and...
By Luisa Beltran Order Reprints Print Article Playtika Holding, the biggest IPO so far in 2021, went public Friday after pricing its offering above the level it had told investors to expect. Driven Brands also listed as well. Shares of Playtika (ticker: PLTK) opened at $33.40 and hit a high of $36.06. The stock closed Friday at $31.62, up 17.1%. The solid showing came after Playtika,... Close Playtika, 2021’s Biggest IPO So Far, Rises Nearly 17% Playtika Holding, the biggest IPO so far in 2021, went public Friday after pricing its offering above the level it had...