Added to YB: 2026-10-16
Pitch date: 2026-10-12
DDI [bullish]
DoubleDown Interactive Co., Ltd.
-0.18%
current return
Author Info
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Company Info
DoubleDown Interactive Co., Ltd. develops and publishes casual games and mobile applications in South Korea, the United States, the United Kingdom, Germany, and internationally.
Market Cap
$676.4M
Pitch Price
$13.75
Price Target
26.40 (+92%)
Dividend
N/A
EV/EBITDA
1.04
P/E
5.41
EV/Sales
0.42
Sector
Entertainment
Category
special_situation
Monthly SpreadHunters Monitoring #9 - DoubleDown Interactive Co., Ltd.
DDI (monitor): DoubleDown’s controlling shareholder, DoubleU Games, offered $11.25 cash for the remaining 32.9%, subject to special-committee recommendation and majority-of-minority approval; the bid barely covers cash per ADS while the business generates over $150M of annual adjusted EBITDA. The stated entry price was $10.50; shares at ~$13.31 imply a higher bid, with Four Tree arguing for at least $26.40. The risk is withdrawal, leaving cheap standalone value without a catalyst.
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