Eight months after launching its $250 million initial public offering, Bally’s Chicago is making a final push to solicit investors and complete the long-stalled offering within weeks.
The IPO, which has navigated lawsuits and regulatory delays, was refiled for a second time July 15 with the Securities and Exchange Commission to update the company’s financials, according to the company.
Bally’s Chicago is hoping to get SEC approval and close the offering by early August, according to a note to prospective investors Wednesday.
“It’s still under review by the SEC,” said Chris Jewett, Bally’s senior vice president of corporate development. “But we feel like we are hopefully closer to being able to launch.”
