secwatch.observer — SEC 8-K summary
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Issuer:     NEW ROYAL HOLDCO I INC. (GDEN)
CIK:        0001071255
Form:       8-K
Filed at:   2023-09-13T23:59:59+00:00
Accession:  0001071255-23-000089
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Golden Entertainment completes sale of Montana distributed gaming for ~$109M
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- Sale closed on Sep 13, 2023 for aggregate cash consideration of ~$109M, subject to adjustments, plus ~$5M purchased cash.
- Buyer is J&J Ventures Gaming; Nevada distributed gaming sale to same buyer remains pending, subject to gaming regulatory approvals.
- Transaction was previously disclosed on March 6, 2023; completion triggers receipt of cash proceeds.
- Latham & Watkins acted as legal counsel to Golden Entertainment in the transaction.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1071255/000107125523000089/0001071255-23-000089-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1071255/000107125523000089/gden-20230913.htm
  HTML page:      https://secwatch.observer/filing/0001071255-23-000089

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer