Neogames Sa (NGMS) has released an update.
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NeoGames S.A. invites shareholders to an extraordinary general meeting on April 25, 2024, to vote on a merger with Anaxi Investments Limited, which will result in NeoGames becoming a subsidiary of Aristocrat Leisure Limited and delisting from the Nasdaq Global Market. Shareholders will consider a statutory plan of merger and a waiver proposal, with the possibility of a cash entitlement of $29.50 per share upon merger completion. The company will also transfer its statutory seat from Luxembourg to the Cayman Islands, changing its legal form in the process.
For further insights into NGMS stock, check out TipRanks’ Stock Analysis page.
