---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-249845"
form_type: "8-K"
ticker: "GLXZ"
cik: "0000013156"
company_name: "Galaxy Gaming, Inc."
filed_at: "2024-11-01T23:59:59+00:00"
generated_at: "2026-05-30T06:51:48.169716+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Galaxy Gaming supplements merger proxy with offer history and revised projections

## Summary
- Six stockholder demands and two lawsuits in NY state court alleging proxy omissions; Company supplements but denies merit.
- Evolution's offers: $2.19 (38% premium), $2.62 (100%), $3.20 (100%) per share; no post-merger exec retention negotiations.
- Revised projections: Adj. EBITDA excludes interest income; 2024-2029 revenue, margins (41%-53%), and UFCF disclosed.
- Macquarie DCF: 15.3%-17.3% discount rate; terminal multiples 4.9x-6.4x EBITDA. Precedent transactions median 6.2x EBITDA.
- Special meeting Nov 12, 2024 for stockholder vote on Merger adoption.

## SEC filing metadata
- accession: 0001193125-24-249845
- form_type: 8-K
- ticker: GLXZ
- cik: 0000013156
- company_name: Galaxy Gaming, Inc.
- filed_at: 2024-11-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/13156/000119312524249845/0001193125-24-249845-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/13156/000119312524249845/d849025d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-249845
- JSON: https://secwatch.observer/filing/0001193125-24-249845.json
- Plain text: https://secwatch.observer/filing/0001193125-24-249845.txt

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