Shares in gaming tech company GAN have soared on the company's debut on the Nasdaq today.
GAN shares opened with gains of 44% in New York after it successfully raised $54m by offering 6.4 million shares at $8.50 - the high end of its range of $6.50 to $8.50.
Last week, GAN announced that it plans to sell 6.38 million shares, priced in the range of $6.50 and $8.50 per share.
This marked an increase from an earlier plan to sell slightly more than four million shares.
Formerly Game Account Network, GAN provides internet gambling software to the US land-based casino industry.
Its largest customer is fantasy sports site FanDuel, which is owned by Flutter Entertaintment, formerly Paddy Power Betfair.
