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     134  0 Kommentare Glu Announces Proposed Public Offering of Common Stock

    Glu Mobile Inc. (NASDAQ: GLUU), a leading developer and publisher of mobile games, today announced that it intends to offer $100 million of its common stock in an underwritten public offering. In addition, Glu expects to grant the underwriters a 30-day option to purchase up to an additional $15 million of its common stock. All of the shares are being offered by Glu. The offering is subject to market and other conditions and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

    Glu intends to use the net proceeds from the offering for working capital and other general corporate purposes, which may include potential acquisitions and strategic transactions. However, Glu has not designated any specific uses and has no current agreements with respect to any material acquisition or strategic transaction.

    Goldman Sachs & Co. LLC, Morgan Stanley and UBS Investment Bank are acting as joint book-running managers for the proposed offering. Cowen, Wedbush Securities and Roth Capital Partners are acting as co-managers.

    The public offering will be made pursuant to a shelf registration statement, including a prospectus, on Form S-3 that was filed by Glu with the Securities and Exchange Commission (“SEC”) and became automatically effective upon filing on June 2, 2020. A preliminary prospectus supplement and accompanying prospectus relating to and describing the terms of the offering will be filed with the SEC and will be electronically available on the SEC’s website at www.sec.gov. Before you invest, you should read the preliminary prospectus supplement and accompanying prospectus together with other documents that Glu has filed with the SEC for more complete information about Glu and the offering. When available, copies of the preliminary prospectus supplement and the accompanying base prospectus may be obtained, from Goldman Sachs & Co. LLC, Prospectus Department, 200 West Street, New York, NY 10282, telephone: 1-866-471-2526, facsimile: 212-902-9316 or by emailing Prospectus-ny@ny.email.gs.com, Morgan Stanley & Co., LLC Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014, telephone: 1-866-718-1649 (toll free) or by emailing Prospectus@MorganStanley.com, or UBS Securities LLC, 1285 Avenue of the Americas, New York, NY 10019, Attn: Prospectus Department, via telephone at 1-888-827-7275 or via email ol-prospectus-request@ubs.com.

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    Glu Announces Proposed Public Offering of Common Stock Glu Mobile Inc. (NASDAQ: GLUU), a leading developer and publisher of mobile games, today announced that it intends to offer $100 million of its common stock in an underwritten public offering. In addition, Glu expects to grant the underwriters a …