Galaxy Gaming to be acquired by Evolution for $3.20/share, ~$85M equity value

Galaxy Gaming, Inc.

All-cash deal at $3.20/share, 124% premium over July 17 closing price.
Total equity value ~$85M; enterprise value ~$124M including net debt.
Board unanimously approved; directors owning ~14% of stock support deal.
Closing expected mid-2025, subject to stockholder and gaming regulatory approvals.
Evolution plans to retain Galaxy management and operate as independent unit.

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