Subject: GLXZ $2.73, $3.20 buyout mid-2025
Evolution will acquire all outstanding shares of Galaxy Gaming common stock for $3.20 per share in cash via its Evolution Malta Holding Subsidiary. This is a premium of 124% of closing share price on 17 July, the last trading day before the acquisition announcement and values the supplier at approximately $85m, or $124m including net debt.

Evolution will fund the deal with cash on hand, with Galaxy board members holding 14% of common stock committed to backing the acquisition. Subject to customary closing conditions, the supplier expects to close the deal midway through 2025.


17% upside if the deal doesn't get blocked. Probably drop if the deal doesn't go through. GLXZ approved the deal with a recent vote.