SciPlay Corporation, a subsidiary of Scientific Games Corporation, has filed a registration statement on Form S-1 with the US Securities and Exchange Commission relating to a proposed initial public offering (IPO) of a minority interest in Scientific Games’ social gaming business.
The number of shares to be offered and the price range for the offering have not yet been determined. The social gaming business will now officially be called SciPlay. The company has applied to list its Class A common stock on the NASDAQ Global Select Market under the ticker symbol SCPL.
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.
The offering will be made only by means of a prospectus. 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.