Allen & Overy advises NeoGames S.A. on its USD81.7 million IPO and listing on the Nasdaq stock exchange
Matthieu De Donder
24 November 2020
The initial public offering consisted of around 2.6m ordinary shares sold by the company, and around 2.2m ordinary shares offered by certain existing shareholders.
NeoGames provides iLottery solutions for national and state-regulated lotteries. The Company was founded in 2005 and spun off from iGaming supplier Aspire Global in 2014.
Allen & Overy acted as Luxembourg advisor to NeoGames. The cross-departmental team was led by partners Jacques Graas and Paul Péporté. They were supported by counsel Serge Zeien, senior associate Matthieu De Donder, associates Philippe Noeltner and Dorian Hellinckx as well as junior associates Joe Mendes and Justine Yansenne.