Benzinga | Jul 23, 2021 07:22AM EDT

Gambling.com Prices IPO At Lower End Of Expected Range

* Gambling.com Group Ltd (NASDAQ:GAMB), a digital marketing services provider, has announced the pricing of its initial public offering (IPO) of 5.25 million shares at $8.00 per ordinary share.

* It earlier expected to price the offering at $8.00 to $9.00 per share, down from the originally expected $11.00 to $13.00 range.

* The underwriters of the offering have a 30-day option to purchase up to an additional 787,500 ordinary shares.

* The company's shares will begin trading today on the Nasdaq Global Market, under the ticker symbol GAMB.

* It expects the offering to close on July 27, 2021.