secwatch.observer — SEC 8-K summary
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Issuer:     Bally's Corp (BALY)
CIK:        0001747079
Form:       8-K
Filed at:   2026-06-11T20:13:21+00:00
Accession:  0001747079-26-000073
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bally's Intralot to acquire Evoke PLC in all-share deal valuing Evoke at ~£243M
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- Evoke shareholders to receive 0.537 new Bally's Intralot shares per Evoke share, valuing Evoke at ~£243.1M (£0.52 per share).
- Cash alternative capped at £117.1M; funded via €200M bridge facility from Deutsche Bank and Jefferies.
- £889M second lien term facility led by TPG, Oaktree, OHA to refinance Evoke's 2028 senior debt; no Bally's guarantee except £200M mandatory repayment by Dec 2027 and up to £50M synergy costs.
- Acquisition expected to close between Q4 2026 and Q1 2027, subject to shareholder approvals, gaming and antitrust clearances.
- Bally's Corp (59.44% owner of Bally's Intralot) agrees to vote in favor of necessary resolutions including share issuance and article amendments.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1747079/000174707926000073/0001747079-26-000073-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1747079/000174707926000073/baly-20260605.htm
  HTML page:      https://secwatch.observer/filing/0001747079-26-000073

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