---
schema_version: "secwatch.filing_event.v1"
accession: "0001823878-24-000024"
form_type: "8-K"
ticker: "MYPS"
cik: "0001823878"
company_name: "PLAYSTUDIOS, Inc."
filed_at: "2024-06-12T23:59:59+00:00"
generated_at: "2026-06-01T04:53:51.285790+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# PLAYSTUDIOS repurchases 11.7M shares from Microsoft for $24.6M, reducing shares by 8.6%

## Summary
- Repurchased 11,677,398 shares from Microsoft at $2.11/share, total $24.6M in cash.
- Repurchase reduces outstanding common stock by approximately 8.6%.
- Funded with available cash; $46M remaining under existing $50M buyback program.
- Credit Agreement Amendment No. 4 modified Fixed Charge Coverage Ratio to exclude this repurchase.
- CEO cites commitment to shareholder value; repurchase done at a discount to market.

## SEC filing metadata
- accession: 0001823878-24-000024
- form_type: 8-K
- ticker: MYPS
- cik: 0001823878
- company_name: PLAYSTUDIOS, Inc.
- filed_at: 2024-06-12T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1823878/000182387824000024/0001823878-24-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1823878/000182387824000024/myps-20240607.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001823878-24-000024
- JSON: https://secwatch.observer/filing/0001823878-24-000024.json
- Plain text: https://secwatch.observer/filing/0001823878-24-000024.txt

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