secwatch.observer — SEC 8-K summary
======================================

Issuer:     NEW ROYAL HOLDCO I INC. (GDEN)
CIK:        0001071255
Form:       8-K
Filed at:   2023-03-06T23:59:59+00:00
Accession:  0001193125-23-060720
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Golden Entertainment to divest distributed gaming ops in NV and MT for $322.5M plus $39M purchased cash
--------------------------------------------------------------------------------

- Aggregate cash consideration $322.5M plus estimated $39M purchased cash; total ~$361.5M.
- Nevada ops sold for $213.5M + $34M purchased cash; Montana for $109M + $5M purchased cash.
- Transaction valued at ~9.0x Distributed Gaming segment Adjusted EBITDA of $44M for 2022.
- Golden will enter five-year agreement with J&J Gaming to support gaming ops at Golden's branded taverns.
- Expected close before year end, subject to regulatory approvals.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1071255/000119312523060720/0001193125-23-060720-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1071255/000119312523060720/d463220d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-060720

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer