---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-052390"
form_type: "8-K"
ticker: "GDEN"
cik: "0001071255"
company_name: "NEW ROYAL HOLDCO I INC."
filed_at: "2026-04-30T23:59:59+00:00"
generated_at: "2026-05-15T00:32:08.594408+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Golden Entertainment completes sale to VICI/Argento; shareholders get $2.75 cash + 0.902 VICI shares

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-26-052390
- form_type: 8-K
- ticker: GDEN
- cik: 0001071255
- company_name: NEW ROYAL HOLDCO I INC.
- filed_at: 2026-04-30T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.02, 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1071255/000110465926052390/0001104659-26-052390-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1071255/000110465926052390/tm2613183d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-052390
- JSON: https://secwatch.observer/filing/0001104659-26-052390.json
- Plain text: https://secwatch.observer/filing/0001104659-26-052390.txt

## Source-grounded claims
- claim_id: 4ae75bf9f7a66ff5c5a399d12008db81d89e596f
  claim: NEW ROYAL HOLDCO I INC. underwent a change of control involving VICI Properties Inc. for 0.902 (closed 2026-04-30).
  evidence_excerpt: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1071255/000110465926052390/0001104659-26-052390-index.htm
- claim_id: 6eb8f8203af27fe980bccade07e2d5f0f8093f39
  claim: NEW ROYAL HOLDCO I INC. completed a disposition for $2.75 per share (closed 2026-04-30).
  evidence_excerpt: 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 ”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1071255/000110465926052390/0001104659-26-052390-index.htm
- claim_id: 99162dff301a2e8445184d811e94514fcdf4f0bc
  claim: NEW ROYAL HOLDCO I INC. completed a disposition involving Argento, LLC (closed 2026-04-30).
  evidence_excerpt: OpCo Buyer acquired 100% of the equity interests of New OpCo (the “ OpCo Sale ”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1071255/000110465926052390/0001104659-26-052390-index.htm

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