PlayAGS, Inc., a Nevada-based gaming company, has filed a preliminary proxy statement with the SEC on June 11, 2024, concerning its proposed acquisition by affiliates of Brightstar. The communication was disclosed in an email sent to PlayAGS employees on June 12, 2024, by the company's management. The acquisition process includes a Special Meeting where PlayAGS stockholders will vote on the transaction. The definitive proxy statement will be filed and mailed to stockholders, with the Special Meeting date to be announced in the statement. The transaction is expected to close in the second half of 2025, subject to regulatory approvals and satisfaction of closing conditions. The company's annual meeting on June 21, 2024, is stated to be unrelated to the acquisition. PlayAGS has urged investors...Show More

PlayAGS, Inc., a Nevada-based gaming company, has filed a preliminary proxy statement with the SEC on June 11, 2024, concerning its proposed acquisition by affiliates of Brightstar. The communication was disclosed in an email sent to PlayAGS employees on June 12, 2024, by the company's management. The acquisition process includes a Special Meeting where PlayAGS stockholders will vote on the transaction. The definitive proxy statement will be filed and mailed to stockholders, with the Special Meeting date to be announced in the statement. The transaction is expected to close in the second half of 2025, subject to regulatory approvals and satisfaction of closing conditions. The company's annual meeting on June 21, 2024, is stated to be unrelated to the acquisition. PlayAGS has urged investors and stockholders to read the definitive proxy statements and other relevant documents once available, as they will contain important information about the proposed transaction. The company's directors and executive officers are participants in the solicitation of proxies, with their interests detailed in the 2024 annual proxy statement and subsequent SEC filings. Forward-looking statements regarding the proposed transaction have been made, subject to risks and uncertainties that could affect the actual outcomes.