SÁB 18 DE MAYO DE 2024 - 14:13hs.
4,250,000 shares

PlayAGS proposed secondary public offering of common stock by Apollo

PlayAGS announced the commencement of a proposed secondary public offering of 4,250,000 shares of the company’s common stock by Apollo Gaming Holdings. The underwriters will have a 30-day option to purchase up to an additional 425,000 shares of common stock from the selling stockholder.

The company is not selling any shares and will not receive any proceeds from the proposed offering.

Credit Suisse, Deutsche Bank Securities, Jefferies and Macquarie Capital are acting as joint book-running managers and as representatives of the underwriters for the proposed offering.

BofA Merrill Lynch, Citigroup, Nomura, Stifel and SunTrust Robinson Humphrey are acting as joint book-running managers for the proposed offering. While Roth Capital Partners, Union Gaming, The Williams Capital Group, L.P. and Apollo Global Securities are acting as co-managers for the proposed offering.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective.

Source: GMB