---
schema_version: "secwatch.filing_event.v1"
accession: "0000950157-25-000856"
form_type: "8-K"
ticker: "LNWO"
cik: "0000750004"
company_name: "Light & Wonder, Inc."
filed_at: "2025-10-14T23:59:59+00:00"
generated_at: "2026-05-17T04:01:16.405764+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Light & Wonder sets Nasdaq delisting effective Nov 13; sole ASX listing starts Nov 14

## Summary
- Form 25 filed Nov 3; last Nasdaq trade Nov 12; delisting effective before open Nov 13.
- Sole primary ASX listing begins 10:00am AEDT Nov 14; shares convert to CDIs for trading.
- Existing Nasdaq holders can sell by Nov 12, convert to CDIs, or hold OTC shares post-delisting.
- Conversion takes ~2 business days via broker or direct to Equiniti; ASX waivers still pending.
- Move aligns capital markets presence with strategic focus and shareholder base; consolidates liquidity on ASX.

## SEC filing metadata
- accession: 0000950157-25-000856
- form_type: 8-K
- ticker: LNWO
- cik: 0000750004
- company_name: Light & Wonder, Inc.
- filed_at: 2025-10-14T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/750004/000095015725000856/0000950157-25-000856-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/750004/000095015725000856/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950157-25-000856
- JSON: https://secwatch.observer/filing/0000950157-25-000856.json
- Plain text: https://secwatch.observer/filing/0000950157-25-000856.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.