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PlayAGS | 8-K: Current report

SEC ·  Aug 8 04:07

Summary by Futu AI

On August 6, 2024, PlayAGS, Inc., a gaming company based in Las Vegas, Nevada, held a Special Meeting of Stockholders to vote on several key proposals. The meeting saw a turnout of approximately 74.71% of the outstanding shares as of the record date, July 1, 2024. The primary focus was the approval of the Merger Agreement with Bingo Holdings, LLC, and Bingo Merger Sub, Inc., which was dated May 8, 2024. Stockholders voted in favor of the Merger Agreement, with 26,246,168 votes for, 3,259,697 against, and 519,811 abstentions. However, the Compensation Proposal related to executive compensation in connection with the merger did not pass, with 14,461,630 votes for, 14,837,447 against, and 726,599 abstentions. The Adjournment Proposal was not needed as the Merger Agreement was approved without the necessity for additional solicitation of proxies.
On August 6, 2024, PlayAGS, Inc., a gaming company based in Las Vegas, Nevada, held a Special Meeting of Stockholders to vote on several key proposals. The meeting saw a turnout of approximately 74.71% of the outstanding shares as of the record date, July 1, 2024. The primary focus was the approval of the Merger Agreement with Bingo Holdings, LLC, and Bingo Merger Sub, Inc., which was dated May 8, 2024. Stockholders voted in favor of the Merger Agreement, with 26,246,168 votes for, 3,259,697 against, and 519,811 abstentions. However, the Compensation Proposal related to executive compensation in connection with the merger did not pass, with 14,461,630 votes for, 14,837,447 against, and 726,599 abstentions. The Adjournment Proposal was not needed as the Merger Agreement was approved without the necessity for additional solicitation of proxies.

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