Company: International Game Technology PLC
Form Type: 8-K
Filing Date: 2024-07-26
Corporate Action: Spin-off
Type: Update
Accession Number: 000131856824000151
Comments: Everi Holdings Inc. has announced a significant transaction involving a strategic partnership with International Game Technology PLC (IGT) and its subsidiary, Spinco. This move includes the transfer of assets from IGT to Spinco and positions Spinco to operate the IGT Gaming & Digital Business following a proposed merger and equity sale. The agreement details the terms of the separation and sale of assets, aiming to streamline operations and improve efficiency. This transaction marks a pivotal moment for Everi, with expectations for substantial shareholder value enhancements as part of the merger agreement. The merger aims to close by the end of Q3 2025, subject to stockholder approval and customary regulatory conditions. Notably, Everi's stock will eventually be delisted from the New York Stock Exchange and deregistered under relevant securities laws.
Document Link: View Document
Additional details:
Newco Cik: 896400
Parent Cik: 1619762
File Number: 001-32622
Access 12: 000131856824
: 0
Percentage Spun Off: 53.6
Effective Date: 2025-02-28
Spin Off Id: 740
Form Type: 8-K
Filing Date: 2024-05-28
Corporate Action: Spin-off
Type: Update
Accession Number: 000131856824000134
Comments: Everi Holdings Inc. has entered into agreements for the spin-off of IGT’s Global Gaming and PlayDigital businesses into a new entity, referred to as Spinco, which will be a part of a larger proposed transaction involving an acquisition by Everi. The completion of this spin-off transaction is conditioned on various approvals and the expiration of regulatory waiting periods, which occurred on May 23, 2024. As a result, it's confirmed that the proposed spin-off is indeed taking place, accompanied by Everi's efforts to facilitate the transaction.
Document Link: View Document
Additional details:
Newco Cik: 896400
Parent Cik: 1619762
File Number: 001-32622
Access 12: 000131856824
: 0
Percentage Spun Off: 53.6
Effective Date: 2025-02-28
Spin Off Id: 740
Form Type: 8-K
Filing Date: 2024-05-22
Corporate Action: Spin-off
Type: Update
Accession Number: 000131856824000130
Comments: The announcement pertains to the approval of an amendment to the company's equity incentive plan and other shareholder proposals at the 2024 Annual Meeting. There is no mention of a spin-off in this report.
Document Link: View Document
Additional details:
Newco Cik: 896400
Parent Cik: 1619762
File Number: 001-32622
Access 12: 000131856824
: 0
Percentage Spun Off: 53.6
Effective Date: 2025-02-28
Spin Off Id: 740
Form Type: 8-K
Filing Date: 2024-05-06
Corporate Action: Spin-off
Type: Update
Accession Number: 000131856824000071
Comments: The announcement pertains to the termination of a stock repurchase program and implementation of a sell-to-cover policy, rather than a spin-off.
Document Link: View Document
Additional details:
Newco Cik: 896400
Parent Cik: 1619762
File Number: 001-32622
Access 12: 000131856824
: 0
Percentage Spun Off: 53.6
Effective Date: 2025-02-28
Spin Off Id: 740
Form Type: 8-K
Filing Date: 2024-02-29
Corporate Action: Spin-off
Type: New
Accession Number: 000131856824000011
Comments: The document details a spin-off where IGT will transfer its Global Gaming and PlayDigital businesses to a newly formed company, Spinco. Shareholders of IGT will receive Spinco Units and the new company will be integrated through a merger with Everi Holdings Inc.
Document Link: View Document
Additional details:
Newco Cik: 896400
Parent Cik: 1619762
File Number: 001-32622
:
Percentage Spun Off: 53.6
Effective Date: 2025-02-28