secwatch.observer — SEC 8-K summary
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Issuer:     Bally's Corp (BALY)
CIK:        0001747079
Form:       8-K
Filed at:   2024-12-11T23:59:59+00:00
Accession:  0001213900-24-107917
Event type: other
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bally's opens new rollover election period for stockholders to retain shares in lieu of $18.25 cash merger consideration
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- New election period from Dec 11, 2024 to Jan 17, 2025 for stockholders to elect to retain shares instead of receiving $18.25 per share cash.
- As of Nov 19, 2024, holders of ~17.5M shares (including 8.85M from Standard General affiliates) had submitted rollover elections and received new CUSIP.
- Merger closing expected in Q1 2025, subject to regulatory approvals and other customary conditions.
- Special Committee and Board make no recommendation on whether stockholders should elect rollover.
- All previously submitted rollover elections are irrevocable; new elections are also irrevocable once accepted.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1747079/000121390024107917/0001213900-24-107917-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1747079/000121390024107917/ea0224385-8k_ballys.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-107917

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