---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-078854"
form_type: "8-K"
ticker: null
cik: "0001935799"
company_name: "Bally's Chicago, Inc."
filed_at: "2025-08-15T23:59:59+00:00"
generated_at: "2026-05-17T12:35:21.655107+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Bally's Chicago completes IPO raising $5.5M; private placement adds $25.6M

## Summary
- IPO of 2,551 shares of Class A common stock completed Aug 14, 2025; gross proceeds $5.5M.
- Concurrent private placement of 1,134 shares raises $25.6M from accredited investors.
- Amended subordinated loan agreement provides $61.0M in new loans to acquire OpCo LLC interests.
- Five new directors appointed; Ameet Patel and Kim Barker resigned from board.
- Charter amended to authorize 3,000 Class A-1, 500 A-2, 500 A-3, 8,500 A-4, 30,000 Class B shares.

## SEC filing metadata
- accession: 0001104659-25-078854
- form_type: 8-K
- cik: 0001935799
- company_name: Bally's Chicago, Inc.
- filed_at: 2025-08-15T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 3.02, 3.03, 5.03, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1935799/000110465925078854/0001104659-25-078854-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1935799/000110465925078854/tm2310971d58_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-078854
- JSON: https://secwatch.observer/filing/0001104659-25-078854.json
- Plain text: https://secwatch.observer/filing/0001104659-25-078854.txt

## Key facts
- Governance Changes
  Bally's Chicago, Inc.: Second Amended and Restated Bylaws became effective concurrently with the Charter (effective 2025-08-14).
  - Change: bylaw amendment
  - Effective: 2025-08-14
  source text: On August 14, 2025, the Company’s Second Amended and Restated Certificate of Incorporation (the “ Charter ”), in the form previously filed as Exhibit 3.2 to the Registration Statement, and the Company’s Second Amended and Restated Bylaws (the “ Bylaws ”), in the form previously filed as Exhibit 3.4 to the Registration Statement, became effective.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1935799/000110465925078854/0001104659-25-078854-index.htm
- Governance Changes
  Bally's Chicago, Inc.: Second Amended and Restated Certificate of Incorporation became effective, specifying authorized capital stock classes and share numbers (effective 2025-08-14).
  - Change: charter amendment
  - Effective: 2025-08-14
  source text: On August 14, 2025, the Company’s Second Amended and Restated Certificate of Incorporation (the “ Charter ”), in the form previously filed as Exhibit 3.2 to the Registration Statement, and the Company’s Second Amended and Restated Bylaws (the “ Bylaws ”), in the form previously filed as Exhibit 3.4 to the Registration Statement, became effective.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1935799/000110465925078854/0001104659-25-078854-index.htm

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