---
schema_version: "secwatch.filing_event.v1"
accession: "0001071255-25-000109"
form_type: "8-K"
ticker: "GDEN"
cik: "0001071255"
company_name: "NEW ROYAL HOLDCO I INC."
filed_at: "2025-11-06T23:59:59+00:00"
generated_at: "2026-05-16T23:20:38.923699+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Golden Entertainment to be acquired by Blake Sartini and enter sale-leaseback with VICI; $30/share value, 41% premium

## Summary
- Total consideration valued at $30.00 per share, a 41% premium to GDEN's Nov 5 close.
- Stockholders receive 0.902 VICI shares and $2.75 cash per share via sale-leaseback of seven casino properties.
- VICI to assume and repay up to $426M of Golden's senior secured debt at closing.
- Transaction expected mid-2026; go-shop period through Dec 5, 2025; Sartini (25% owner) supports deal.
- Regular $0.25 quarterly dividend continues through closing; shares will be delisted from Nasdaq.

## SEC filing metadata
- accession: 0001071255-25-000109
- form_type: 8-K
- ticker: GDEN
- cik: 0001071255
- company_name: NEW ROYAL HOLDCO I INC.
- filed_at: 2025-11-06T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1071255/000107125525000109/0001071255-25-000109-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1071255/000107125525000109/gden-20251106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001071255-25-000109
- JSON: https://secwatch.observer/filing/0001071255-25-000109.json
- Plain text: https://secwatch.observer/filing/0001071255-25-000109.txt

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