secwatch.observer — SEC 8-K summary
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Issuer:     Playtika Holding Corp. (PLTK)
CIK:        0001828016
Form:       8-K
Filed at:   2024-09-18T23:59:59+00:00
Accession:  0001193125-24-221408
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Playtika to acquire SuperPlay for $700M upfront, up to $1.25B earnout, adds 1.7M DAU
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- Acquisition of SuperPlay for $700M upfront cash, with earnout up to $1.25B contingent on revenue and Adjusted EBITDA targets over 3 years.
- SuperPlay's titles Dice Dreams (#3 Coin Looter) and Domino Dreams (#1 Board game) have ~1.7M average DAU and both reached $100M run-rate within 3 years.
- Co-founders Gilad Almog and Eyal Netzer will continue to lead SuperPlay as an independent studio within Playtika.
- Deal expected to close in Q4 2024; Playtika to fund from cash on hand and remains committed to dividend program.
- Management to provide updated M&A capital allocation guidance as part of FY2024 earnings; next guidance update in Q3 2024 earnings.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1828016/000119312524221408/0001193125-24-221408-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1828016/000119312524221408/d865610d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-221408

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