PlayAGS, Inc. has announced a special meeting of stockholders to vote on a proposed merger with entities owned by funds managed by affiliates of Brightstar Capital Partners, specifically Bingo Holdings I, LLC, and Bingo Merger Sub, Inc. The meeting is scheduled for August 6, 2024, at 8:00 a.m. Pacific Time and will be held virtually via live audio webcast. Stockholders will decide on the Merger Agreement, which entails the acquisition of PlayAGS by Bingo Holdings I, LLC, with a cash consideration of $12.50 per share of PlayAGS common stock. This offer is a 45.3% premium over the closing price on May 7, 2024. The Board of Directors has unanimously recommended that stockholders vote in favor of the merger, which is contingent upon regulatory and antitrust approvals...Show More

PlayAGS, Inc. has announced a special meeting of stockholders to vote on a proposed merger with entities owned by funds managed by affiliates of Brightstar Capital Partners, specifically Bingo Holdings I, LLC, and Bingo Merger Sub, Inc. The meeting is scheduled for August 6, 2024, at 8:00 a.m. Pacific Time and will be held virtually via live audio webcast. Stockholders will decide on the Merger Agreement, which entails the acquisition of PlayAGS by Bingo Holdings I, LLC, with a cash consideration of $12.50 per share of PlayAGS common stock. This offer is a 45.3% premium over the closing price on May 7, 2024. The Board of Directors has unanimously recommended that stockholders vote in favor of the merger, which is contingent upon regulatory and antitrust approvals. The merger is fully financed, with commitments already secured. Proxy materials, including the Merger Agreement, have been distributed starting July 1, 2024, and stockholders are urged to vote by telephone, Internet, or mail. The proxy statement and related documents are available on PlayAGS's investor relations website. The company has also provided guidelines for future stockholder proposals and director nominations for the 2025 annual meeting, in line with the bylaws and SEC’s universal proxy rules. The proxy statement includes references to other important documents filed with the SEC, which are incorporated by reference and available on the SEC's website and PlayAGS's investor relations page.