Playags, INC 8-K filings

Brightstar Capital Partners has finalized its acquisition of PlayAGS, Inc. for approximately $1.1 billion, resulting in PlayAGS becoming a privately held company and its common stock being delisted from the New York Stock Exchange.

PlayAGS, Inc. has entered into a merger agreement with Bingo Holdings I, LLC, an affiliate of Brightstar Capital Partners, for a proposed transaction expected to close in the second half of 2025.

The antitrust waiting period for the PlayAGS merger with Bingo Holdings I, LLC has expired, moving the transaction closer to completion.

PlayAGS stockholders approved the merger agreement with Bingo Holdings, LLC, but rejected the executive compensation proposal related to the merger.

PlayAGS, Inc. held its 2024 Annual Meeting of Stockholders on June 21, 2024, where directors were elected, executive compensation was voted on, and the company's auditor was ratified.

PlayAGS, Inc. has entered into a definitive agreement to be acquired by Brightstar Capital Partners for approximately $1.1 billion, with shareholders receiving $12.50 per share in cash.

PlayAGS achieved record revenue and adjusted EBITDA in the fourth quarter of 2023, marking the eleventh consecutive quarter of double-digit revenue growth.

PlayAGS has successfully repriced its term loan, reducing interest rates and voluntarily repaying $15 million of its outstanding debt.

PlayAGS is exploring refinancing its term loan credit facility, potentially reducing interest rates and repaying up to $15 million of debt, while also releasing preliminary unaudited Q4 2023 financial results.