secwatch.observer — SEC 8-K summary
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Issuer:     Bally's Corp (BALY)
CIK:        0001747079
Form:       8-K
Filed at:   2024-08-28T23:59:59+00:00
Accession:  0001213900-24-073433
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bally's amends merger agreement to replace rolling shares with new Class A Common Stock
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- Amendment No. 1 entered Aug 27, 2024, modifies Rolling Share Election: rolling shares to be exchanged for new Class A Common Stock, subject to stockholder approval of charter amendment.
- Class A Common Stock (par value $0.01) will have substantially identical rights to common stock but will be tradable on NYSE until merger closing or termination.
- If charter amendment not approved, rolling shares remain as Company Common Stock and Class A issuance does not occur.
- Board and Special Committee approved amendment; recommend stockholders vote for merger; no recommendation on making the rollover election.
- Record holders must submit Election Form by 5:00 PM ET on date of stockholder meeting; Class A shares to be issued within two business days after Election Deadline if approved.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1747079/000121390024073433/0001213900-24-073433-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1747079/000121390024073433/ea0212590-8k_ballys.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-073433

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