SCHEDULE: B. Riley Financial Boosts DoubleDown Stake to 7.8%

Sentiment:

Beneficial Ownership Report Amendment 14 August 2025 5:15 PM

B. Riley Financial, BRF Investments, and Bryant Riley collectively report a significant beneficial ownership stake in DoubleDown Interactive Co., Ltd., with Bryant Riley holding 7.8% of common shares.

Better than expectedBryant Riley's aggregate beneficial ownership increased to 7.8% from a previously reported 7.2% (based on prior filings), indicating an increased stake and potentially higher confidence in the company.

Summary

B. Riley Financial, Inc. (BRF) and its subsidiary BRF Investments, LLC (BRFI) beneficially own 180,328.40 common shares of DoubleDown Interactive Co., Ltd., representing 7.3% of the class.
Bryant Riley, Co-Chief Executive Officer of B. Riley Financial, beneficially owns an aggregate of 193,053.40 common shares, representing 7.8% of the class.
Bryant Riley's beneficial ownership includes 12,725.00 common shares with sole voting and dispositive power, and 180,328.40 common shares with shared voting and dispositive power.
The shared ownership for Bryant Riley includes shares held by BRFI, shares held jointly with his spouse, and shares held as sole custodian for the benefit of Abigail, Charlie, Eloise, and Susan Riley.
The percentages are based on 2,477,672 common shares outstanding, as reported in DoubleDown Interactive's prospectus supplement filed on June 12, 2025.
The securities were not acquired and are not held for the purpose of changing or influencing the control of the issuer.

Sentiment

Score: 7

Explanation: The filing indicates an increase in beneficial ownership by a significant investor, which is generally viewed as a positive signal of confidence in the company's prospects.

Positives

Bryant Riley and B. Riley Financial's aggregate beneficial ownership in DoubleDown Interactive Co., Ltd. has increased to 7.8% and 7.3% respectively, indicating increased confidence or investment in the company.

Future Outlook

Industry Context

This filing indicates a continued or increased investment by B. Riley Financial, a diversified financial services company, in DoubleDown Interactive, a mobile gaming company. Such investments by financial institutions can signal confidence in the gaming sector or specific company prospects.

Stakeholder Impact

Shareholders may view the increased stake by B. Riley Financial and Bryant Riley as a positive indicator of institutional confidence in DoubleDown Interactive Co., Ltd.

Key Dates

Date	Description
06/12/2025	Date of issuer's prospectus supplement filing with the U.S. Securities and Exchange Commission, which stated 2,477,672 common shares outstanding.
06/30/2025	Date of event which required the filing of this statement.
08/14/2025	Signature date of the Schedule 13G Amendment No. 6.

Keywords

DoubleDown Interactive, B. Riley Financial, Bryant Riley, Beneficial Ownership, SEC Filing, Schedule 13G, Investment, Gaming, ADR

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.