SCHEDULE 13G/A: Cannell Capital and J. Carlo Cannell Report 3.14% Stake in Galaxy Gaming, Inc.

Cannell Capital LLC and J. Carlo Cannell have filed an amended Schedule 13G, disclosing a shared beneficial ownership of 3.14% of Galaxy Gaming, Inc.'s common stock as of March 31, 2025.

Summary

• Cannell Capital LLC and J. Carlo Cannell jointly reported beneficial ownership of 793,875 shares of Galaxy Gaming, Inc.'s Common Stock.
• This ownership represents 3.14% of the total class of securities.
• The filing is an Amendment No. 3 to a Schedule 13G, indicating a change from a previous filing.
• Both reporting persons, Cannell Capital LLC (an Investment Adviser) and J. Carlo Cannell (an Individual), share both voting and dispositive power over all 793,875 shares.
• The shares were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership, carrying a neutral sentiment as it does not contain operational or financial performance information.

Future Outlook

NA

Industry Context

This filing is a standard disclosure in the investment industry, where institutional investors or significant shareholders are required to report their beneficial ownership stakes in publicly traded companies. Schedule 13G filings are typically made by passive investors who do not intend to influence or change control of the company.

Stakeholder Impact

• Shareholders: Provides transparency regarding significant ownership stakes, allowing other investors to see who holds a notable portion of the company's stock.

Key Dates

Keywords

Galaxy Gaming Inc., Cannell Capital LLC, J. Carlo Cannell, Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Investment Adviser, Equity Stake