Codere Online Luxembourg, S.A. (CDRO) Form 424B3 — Jun 10, 2026
Codere Online Luxembourg, S.A. (CDRO) filed a prospectus registering the resale of 33,875,757 ordinary shares and 185,000 private warrants by selling securityholders. The company will not receive any proceeds from the sale of these registered shares, which represent approximately 74.5% of its outstanding ordinary shares as of May 29, 2026. The filing also registers 6,250,000 ordinary shares issuable upon the exercise of public warrants and 185,000 shares from private warrants, with an exercise price of $11.50 per share.
Key figures
- Gross Proceeds
- 0
- Offering Price
- 0
- Shares Offered
- 33875757
- Shares Outstanding
- 45469915
- Warrants Registered
- 185000
- Warrant Exercise Price
- 11.5
- Last Reported Share Price
- 9.7
- Last Reported Warrant Price
- 0.78
- Warrants Exercisable Shares
- 6435000
- Codere Newco Ownership Percent
- 66
- Potential Proceeds From Warrants
- 74002500
AI analysis
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