---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-015246"
form_type: "8-K"
ticker: "CREX"
cik: "0001356093"
company_name: "CREATIVE REALITIES, INC."
filed_at: "2023-05-19T23:59:59+00:00"
generated_at: "2026-06-14T19:36:39.331357+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Creative Realities rejects Pegasus's revised $2.85/share acquisition proposal

## Summary
- Special Committee of independent directors determined revised proposal undervalues company.
- Pegasus's revised offer of $2.85 per share in cash rejected; earlier $2.49 offer also rejected.
- Pegasus owns ~38.13% of outstanding shares (3.7M) and holds ~$17.9M in company debt.
- Company remains open to evaluating any future revised proposals; no assurance of deal.

## SEC filing metadata
- accession: 0001437749-23-015246
- form_type: 8-K
- ticker: CREX
- cik: 0001356093
- company_name: CREATIVE REALITIES, INC.
- filed_at: 2023-05-19T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1356093/000143774923015246/0001437749-23-015246-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1356093/000143774923015246/crex20230519_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-015246
- JSON: https://secwatch.observer/filing/0001437749-23-015246.json
- Plain text: https://secwatch.observer/filing/0001437749-23-015246.txt

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