---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-003044"
form_type: "8-K"
ticker: null
cik: "0001799332"
company_name: "GAN Ltd"
filed_at: "2025-01-21T23:59:59+00:00"
generated_at: "2026-05-27T22:20:19.481527+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# GAN receives Nasdaq delisting notice for failure to hold annual meeting; merger pending

## Summary
- Received Nasdaq notice on Jan 14, 2025 for failure to hold annual meeting within 12 months of fiscal year end.
- Must submit compliance plan within 45 days; possible extension to June 30, 2025, to regain compliance.
- Delay due to pending merger with Arc Bermuda (SEGA SAMMY subsidiary); merger has shareholder, CFIUS, and gaming approvals.
- No immediate effect on listing; common stock continues trading on Nasdaq under symbol GAN.

## SEC filing metadata
- accession: 0001493152-25-003044
- form_type: 8-K
- cik: 0001799332
- company_name: GAN Ltd
- filed_at: 2025-01-21T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1799332/000149315225003044/0001493152-25-003044-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1799332/000149315225003044/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-003044
- JSON: https://secwatch.observer/filing/0001493152-25-003044.json
- Plain text: https://secwatch.observer/filing/0001493152-25-003044.txt

## Source-grounded claims
- claim_id: d009cc452b07ec31ac2eda097a9bac3790d3cd6e
  claim: GAN Ltd received a nasdaq deficiency notice notice regarding shareholders (rules 5620(a), 5810(c)(2)(G)).
  evidence_excerpt: January 14, 2025, GAN Limited (the “Company” ), received a written notice from The Nasdaq Stock Market LLC ( “Nasdaq” ) notifying the Company that it was not in compliance with the rules for continued listing as set fort
  evidence_url: https://www.sec.gov/Archives/edgar/data/1799332/000149315225003044/0001493152-25-003044-index.htm

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