GAN Announces Approval Of Merger With SEGA SAMMY By The Nevada Gaming Commission
Portfolio Pulse from Benzinga Newsdesk
GAN Limited has received approval from the Nevada Gaming Commission for its merger with a subsidiary of SEGA SAMMY CREATION INC. The merger is expected to close in late 2024 or early 2025, subject to additional approvals. Upon completion, GAN will be delisted from Nasdaq.
October 09, 2024 | 1:05 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
GAN Limited has received approval from the Nevada Gaming Commission for its merger with SEGA SAMMY. The merger is expected to close in late 2024 or early 2025, after which GAN will be delisted from Nasdaq.
The approval from the Nevada Gaming Commission is a significant step towards the completion of the merger. The merger will result in GAN being delisted from Nasdaq, which is a critical change for investors. The news is likely to positively impact GAN's stock in the short term as it moves closer to the merger completion.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100