---
schema_version: "secwatch.filing_event.v1"
accession: "0001318568-24-000151"
form_type: "8-K"
ticker: null
cik: "0001318568"
company_name: "Everi Holdings Inc."
filed_at: "2024-07-26T23:59:59+00:00"
generated_at: "2026-05-31T15:55:52.684090+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Everi to be acquired for $14.25 per share in cash; part of three-way deal with IGT and Apollo

## Summary
- Everi stockholders to receive $14.25 per share in cash; Apollo commits $2.3B equity; debt commitments of $4.325B term loan and $750M revolver.
- IGT spins off Gaming & Digital into Spinco; Buyer (Apollo) buys Spinco and merges it with Everi.
- Everi Board recommends stockholder approval; closing expected by end of Q3 2025.
- Termination fees: $65M from Everi for superior proposal; $250M from Buyer in certain circumstances.

## SEC filing metadata
- accession: 0001318568-24-000151
- form_type: 8-K
- cik: 0001318568
- company_name: Everi Holdings Inc.
- filed_at: 2024-07-26T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 8.01, 1.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1318568/000131856824000151/0001318568-24-000151-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1318568/000131856824000151/evri-20240726.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001318568-24-000151
- JSON: https://secwatch.observer/filing/0001318568-24-000151.json
- Plain text: https://secwatch.observer/filing/0001318568-24-000151.txt

## Key facts
- Executive change
  Mark F. Labay changed role as Chief Integration Officer of Newco at Everi Holdings Inc..
  - Action: transition
  - Role: Chief Integration Officer of Newco
  source text: It is currently anticipated that immediately after the Merger Effective Time, Mr. Mark F. Labay will transition from the role of Chief Financial Officer of the Company to the role of Chief Integration Officer of Newco .
  evidence_url: https://www.sec.gov/Archives/edgar/data/1318568/000131856824000151/0001318568-24-000151-index.htm
- Executive change
  Fabio Celadon was named as Chief Financial Officer of Newco at Everi Holdings Inc..
  - Action: named
  - Role: Chief Financial Officer of Newco
  source text: Immediately after the Merger Effective Time, it is currently anticipated that Mr. Fabio Celadon, Executive Vice President of Strategy and Corporate Development for IGT, will be named Chief Financial Officer of Newco .
  evidence_url: https://www.sec.gov/Archives/edgar/data/1318568/000131856824000151/0001318568-24-000151-index.htm

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