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DD DoubleDragon Corporation
Press Release

DoubleDragon Corporation Founder Updates Shareholders on MM Acquisition and Future Vision

🟢 High Impact Positive
DoubleDragon's founder announced that nearly 99% of MM shareholders tendered their shares in exchange for a combination of cash and DD shares. The message outlines the company's ambitious growth targets, aiming for a revenue increase of 1,800% by 2035.
AI Summary Details
Key Facts
  • 99% of MM shareholders tendered their shares
  • Exchange valuation of Php 9.30 per DD share
  • DD's revenue target of Php 500 Billion by 2035 from Php 27.9 Billion in FY2025
  • 600% increase from IPO price of Php 2 to current price of Php 12.28
  • 12 years since DD's IPO in 2014
  • 9 years until the 2035 vision is realized
Investor Takeaway
This disclosure is material as it highlights a significant acquisition and ambitious growth plans, indicating potential for future value creation.
Market Impact
The acquisition of MM and the outlined growth strategy may enhance operational efficiencies and market presence, which could positively influence investor sentiment and confidence in DoubleDragon's long-term prospects.
Watch For
  • Updates on the integration of MM into DoubleDragon's operations
  • Progress towards the 2035 revenue target
  • Market response to the acquisition and future growth initiatives
Details
Company DoubleDragon Corporation
Stock Symbol DD
Published Jun 18, 2026
Disclosure Number C04528-2026
EDGE Number 1bd78667a1b179e464d70b69f0a3140b
AI Analyzed Jul 11, 2026 12:34 PM
Read Full Disclosure on PSE EDGE