Scientific Games subsidiary files request for proposed IPO of minority interest in Social Gaming Business
SciPlay Corporation has applied with the U.S. Securities and Exchange Commission to list its Class A common stock on the NASDAQ Global Select Market under the ticker symbol "SCPL". Although, the number of shares to be offered and the price range for the offering have not yet been determined, although it has been confirmed that the social gaming business will now officially be called "SciPlay".
Merrill Lynch, Pierce, Fenner & Smith Incorporated, J.P. Morgan Securities LLC, Deutsche Bank Securities Inc., Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC, Macquarie Capital (USA) Inc. and RBC Capital Markets, LLC, will act as book-running managers for the offering. Stifel, Nicolaus & Company, Incorporated and Wedbush Securities Inc. will act as co-managers for the offering.
A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.
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