GAN (GAN) said Wednesday that the Nevada Gaming Commission has approved its merger with a subsidiary of Sega Sammy Creation.
The merger is expected to close in late 2024 or early 2025, subject to additional regulatory approvals and other customary closing conditions, GAN said.
At closing, GAN's shares will be delisted from Nasdaq, and shareholders will receive $1.97 per share in cash, it added.
Price: 1.7900, Change: +0.03, Percent Change: +1.70
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments