---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-006050"
form_type: "8-K"
ticker: "GLXZ"
cik: "0000013156"
company_name: "Galaxy Gaming, Inc."
filed_at: "2022-04-25T23:59:59+00:00"
generated_at: "2026-06-26T04:58:47.432383+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Galaxy Gaming settles proxy contest with Tice Brown; director Zender to resign

## Summary
- Director Bill Zender to resign effective July 1, 2022; not due to any disagreement with the company.
- Tice Brown withdraws nomination of himself to the Board and proposal to declassify the board; agrees to vote for management slate.
- Company to form hiring committee of two current directors and one long-term independent stockholder to identify a qualified independent director to fill vacancy.
- Standstill restricts Brown from owning >9.9% of voting securities or soliciting proxies for two years after the 2022 annual meeting.
- Brown granted board observer rights until the independent director is appointed.

## SEC filing metadata
- accession: 0000950170-22-006050
- form_type: 8-K
- ticker: GLXZ
- cik: 0000013156
- company_name: Galaxy Gaming, Inc.
- filed_at: 2022-04-25T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/13156/000095017022006050/0000950170-22-006050-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/13156/000095017022006050/glxz-20220420.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-006050
- JSON: https://secwatch.observer/filing/0000950170-22-006050.json
- Plain text: https://secwatch.observer/filing/0000950170-22-006050.txt

## Key facts
- Executive change
  William Zender departed as Director at Galaxy Gaming, Inc..
  - Action: resigning
  - Role: Director
  source text: Mr. William Zender, a director on the Board, notified the Company that he will be resigning from the Board effective on or about July 1, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/13156/000095017022006050/0000950170-22-006050-index.htm

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