---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-088839"
form_type: "8-K"
ticker: "LNWO"
cik: "0000750004"
company_name: "Light & Wonder, Inc."
filed_at: "2023-08-08T23:59:59+00:00"
generated_at: "2026-06-12T03:17:01.594358+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Light & Wonder to buy remaining 17% of SciPlay for $22.95/share all cash

## Summary
- Light & Wonder (LNW) to acquire remaining ~17% public stake in SciPlay (SCPL) at $22.95 per share in cash; already owns ~83% with 98% voting power.
- Transaction expected to close in Q4 2023; no further stockholder approval required after written consent from LNW’s Class B holdings.
- SciPlay Special Committee approved deal; Lazard and Sullivan & Cromwell advised the committee.
- Deal unifies L&W's businesses, accelerates cross-platform strategy, and optimizes capital allocation.
- SciPlay Class A shares will be delisted from Nasdaq after Merger closes.

## SEC filing metadata
- accession: 0001104659-23-088839
- form_type: 8-K
- ticker: LNWO
- cik: 0000750004
- company_name: Light & Wonder, Inc.
- filed_at: 2023-08-08T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/750004/000110465923088839/0001104659-23-088839-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/750004/000110465923088839/tm2323127d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-088839
- JSON: https://secwatch.observer/filing/0001104659-23-088839.json
- Plain text: https://secwatch.observer/filing/0001104659-23-088839.txt

## Key facts
- Material Agreements
  Light & Wonder, Inc. entered into Agreement and Plan of Merger with SciPlay Corporation valued at SciPlay stockholders to receive $22.95 per share in cash (effective 2023-08-08).
  - Action: entry
  - Agreement: merger
  - Counterparty: SciPlay Corporation
  - Value: SciPlay stockholders to receive $22.95 per share in cash
  - Effective: 2023-08-08
  source text: On August 8, 2023 , Light & Wonder, Inc., a Nevada corporation (“ Light & Wonder ”), SciPlay Corporation, a Nevada corporation (“ SciPlay ”), and Bern Merger Sub, Inc., a Nevada corporation and a wholly owned subsidiary of Light & Wonder (“ Merger Sub ”), entered into an Agreement and Plan of Merger (the “ Merger Agreement ”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/750004/000110465923088839/0001104659-23-088839-index.htm

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