SciPlay Corp

SciPlay Corp (SCPL) priced its initial public offering on May 6, 2019 at $16.00 per share, within its $14.00–$16.00 range, raising $352M. At the IPO price its market capitalization was about $2.02B. J.P. Morgan was lead-left underwriter, joined by Deutsche Bank, Goldman Sachs and Morgan Stanley and others. Latham & Watkins and Brownstein Hyatt Farber Schreck advised the company and Cleary Gottlieb advised the underwriters.

SciPlay Corp develops and publishes digital games on mobile and web platforms. Mobile accounts for most of its revenue, which grew from $168.8 million in 2015 to $416.2 million in 2018, according to the excerpt.

Status

IPO

Ticker

SCPL

Priced

May 6, 2019

IPO price

$16.00

Price range

$14.00–$16.00

Raised

$352M

Market cap at IPO price

$2.02B

First filed

Apr 5, 2019

Underwriters

J.P. Morgan, Deutsche Bank, Goldman Sachs, Morgan Stanley, Macquarie, RBC Capital Markets, Stifel and Wedbush

Company counsel

Latham & Watkins and Brownstein Hyatt Farber Schreck

Underwriters' counsel

Cleary Gottlieb

Sector

Technology

Country / state

NV

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.