NEW ROYAL HOLDCO I INC. (GDEN): M&A transaction — Golden Entertainment completes sale to VICI/Argento; shareholders get $2.75 cash + 0.902 VICI shares

NEW ROYAL HOLDCO I INC.

On April 30, 2026, Golden Entertainment (GDEN) consummated its separation and sale under the Nov 6, 2025 Master Transaction Agreement.
Shareholders received a $2.75 per share cash distribution plus 0.902 VICI Properties shares per GDEN share.
All outstanding board members and officers resigned; CEO Blake Sartini terminated with severance.
The company's common stock will be delisted from Nasdaq and deregistered under the Exchange Act.
Previously outstanding first-lien credit agreement was fully repaid and terminated.

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Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

NEW ROYAL HOLDCO I INC. underwent a change of control involving VICI Properties Inc. for 0.902 (closed 2026-04-30).

Action: change of control
Counterparty: VICI Properties Inc.
Consideration: 0.902
Closing: 2026-04-30

Exact text from the filing

issued and outstanding immediately prior to the Effective Time was converted into the right to receive a number of fully paid and nonassessable PropCo Buyer Shares equal to 0.902 with cash paid in lieu of fractional shares (the “ Exchange Ratio ”, and such merger, the “ Merger ,” and together with the PropCo Distribution, the Distribution, the Pre-Closing

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M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

NEW ROYAL HOLDCO I INC. completed a disposition for $2.75 per share (closed 2026-04-30).

Action: disposition
Consideration: $2.75 per share
Closing: 2026-04-30

Exact text from the filing

New HoldCo distributed a dividend, as declared and paid by New HoldCo, in an amount equal to $2.75 per share to New HoldCo’s shareholders as of the Closing Date (the “ Distribution ”)

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M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

NEW ROYAL HOLDCO I INC. completed a disposition involving Argento, LLC (closed 2026-04-30).

Action: disposition
Counterparty: Argento, LLC
Closing: 2026-04-30

Exact text from the filing

OpCo Buyer acquired 100% of the equity interests of New OpCo (the “ OpCo Sale ”)

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NEW ROYAL HOLDCO I INC. filing history →

Source: SEC EDGAR

accession 0001104659-26-052390

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