SCHEDULE 13G/A: STIC Entities Maintain 8.5% Passive Stake in DoubleDown Interactive

STIC Special Situation Diamond Ltd., STIC Special Situation Private Equity Fund, and STIC Investments, Inc. collectively report a continued 8.5% beneficial ownership stake in DoubleDown Interactive Co., Ltd.

Summary

• STIC Special Situation Diamond Ltd., STIC Special Situation Private Equity Fund, and STIC Investments, Inc. are the reporting persons in this Schedule 13G Amendment.
• They collectively beneficially own 210,632.75 Common Shares of DoubleDown Interactive Co., Ltd.
• These Common Shares are represented by 4,212,655 American Depositary Shares (ADSs), with each ADS representing 0.05 of a Common Share.
• The aggregate beneficial ownership represents 8.5% of the Common Shares outstanding.
• This percentage is based on 2,477,672 Common Shares outstanding as of June 12, 2025, as reported in the Issuer's prospectus supplement.
• The ADSs are listed on The NASDAQ Global Select Market under the symbol "DDI."
• STIC Investments, Inc. is the general partner of STIC Special Situation Private Equity Fund, which holds 71.43% of the equity interest in STIC Special Situation Diamond Ltd., establishing a control relationship among the reporting entities.

Sentiment

Score: 5

Explanation: The document is a routine beneficial ownership filing (Schedule 13G Amendment No. 4) indicating a passive stake, which is neither inherently positive nor negative for the company's operational performance or financial health.

Positives

• The continued significant institutional ownership by STIC entities may indicate a stable long-term investment perspective.

Future Outlook

The document is a beneficial ownership report and does not contain any forward-looking statements or guidance regarding the issuer's future performance or outlook.

Industry Context

This filing is a routine disclosure of a passive ownership stake by institutional investors in a publicly traded company, common across various industries, including the interactive gaming sector where DoubleDown Interactive operates.

Stakeholder Impact

• Shareholders: Provides transparency regarding significant institutional ownership and the composition of the shareholder base.

Key Dates

Recommendation

Keywords

DoubleDown Interactive, DDI, STIC, beneficial ownership, Schedule 13G, common shares, ADSs, institutional ownership, Korea, gaming