Davis Polk advised the underwriter in connection with the $35.8 million SEC-registered secondary offering of 4,500,000 shares of common stock of Inspired Entertainment, Inc. by certain selling stockholders. Inspired’s common stock is listed on the NASDAQ Capital Market under the symbol “INSE.”
Inspired is a global business-to-business gaming technology company, supplying virtual sports and server based gaming products to regulated lottery, betting and gaming operators worldwide through an “omni-channel” distribution strategy. Inspired currently operates approximately 30,000 digital gaming terminals and supplies its virtual sports products through more than 40,000 retail channels and over 100 websites, in approximately 35 gaming jurisdictions worldwide.
The Davis Polk corporate team included partners Marcel Fausten and Shane Tintle and associates Roderick G. Miller and Matthew M. Funk. The tax team included partner Po Sit. Partner Pritesh P. Shah and associate Jesse L. Hallock provided intellectual property and technology advice. Counsel Will Schisa provided regulatory advice. Counsel Marcie A. Goldstein provided FINRA advice. All members of the Davis Polk team are based in the New York and Washington D.C. offices.