secwatch.observer — SEC 8-K summary
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Issuer:     GAN Ltd (—)
CIK:        0001799332
Form:       8-K
Filed at:   2025-05-27T23:59:59+00:00
Accession:  0001641172-25-012422
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.90
Item codes: 2.01, 3.01, 3.03, 5.03, 5.01, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SEGA SAMMY affiliate completes acquisition of GAN for $1.97 per share; stock delisted
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- SEGA SAMMY CREATION INC. completes acquisition of GAN at $1.97 per share in cash.
- Consideration represents a premium of over 121% to GAN's Nov 7, 2023 closing price.
- All outstanding shares, restricted shares, RSUs, and options converted to cash or cancelled.
- GAN ordinary shares cease trading on Nasdaq effective May 27, 2025.
- All directors resigned; Naoki Kameda appointed as sole director.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1799332/000164117225012422/0001641172-25-012422-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1799332/000164117225012422/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-012422

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