GAN Files Definitive Proxy Statement and Will Hold Special Meeting of Shareholders to Vote on Merger With Affiliate of SEGA SAMMY HOLDINGS, INC.
10 Janeiro 2024 - 10:30AM
Business Wire
Special meeting of shareholders to be held on
February 13, 2024
GAN Limited (the “Company” or “GAN”) (NASDAQ: GAN), a leading
North American B2B technology provider of real money internet
gaming solutions and a leading International B2C operator of
Internet sports betting, today announced that the Company will hold
its Special Meeting of Shareholders to vote on the proposed merger
with a subsidiary of SEGA SAMMY CREATION INC., an affiliate of SEGA
SAMMY HOLDINGS, INC. The meeting will take place on Tuesday,
February 13, 2024, at 10:00 AM Pacific Time and will be held in a
virtual format via live audio webcast. The unique link to join the
webcast will be provided to shareholders upon registering to attend
the meeting.
Shareholders of record as of the close of business on January 2,
2024, and shareholders holding a legal proxy for the meeting, are
eligible to vote at the meeting. Shareholders who are eligible to
vote have been mailed a notice of special meeting, proxy statement,
proxy card and instructions on how to vote their shares.
Shareholders are encouraged to vote and submit proxies as early as
possible in advance of the meeting by one of the methods described
in the proxy statement.
Shareholders will find important information and detailed
instructions about how to participate in the virtual meeting in the
proxy statement that is available on the Company’s website,
www.gan.com, within the Investors page. Interested shareholders may
also view the Company’s annual report that is available on the
Company’s website, www.gan.com, or filed with the Securities and
Exchange Commission at www.sec.gov.
Important Additional Information:
In connection with the proposed merger, the Company has filed
with the U.S. Securities and Exchange Commission (“SEC”) a
proxy statement and other relevant documents concerning the Merger.
The proxy statement and other materials filed with the SEC contain
important information regarding the Merger, including, among other
things, the recommendation of the Company’s Board of Directors with
respect to the Merger. SHAREHOLDERS ARE ENCOURAGED TO READ THE
PROXY STATEMENT AND OTHER PROXY MATERIALS THAT THE COMPANY FILES
WITH THE SEC WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN
IMPORTANT INFORMATION ABOUT THE MERGER AND RELATED MATTERS.
Shareholders can obtain the proxy statement, as well as other
filings containing information about the Company, free of charge,
at the website maintained by the SEC at www.sec.gov. Copies of the
proxy statement and other filings made by the Company with the SEC
can also be obtained, free of charge, by directing a request to GAN
Limited, 400 Spectrum Centre Drive, Suite 1900, Irvine, CA 92618,
Attention: Corporate Secretary.
The Company and its directors and executive officers and other
persons may be deemed to be participants in the solicitation of
proxies in respect of the Merger. Information regarding the
Company’s directors and executive officers, including their
ownership of the Company’s ordinary shares, is available in the
proxy statement. If and to the extent that any of the Company and
its directors and executive officers and other persons who may be
deemed participants in the solicitation of proxies in respect of
the merger will have any interest in the merger or receive any
additional benefits in connection with the merger a description of
any such interest and benefits, by security holdings or otherwise,
is described in the proxy statement relating to the merger and
other relevant documents concerning the merger that will be filed
by the Company with the SEC. As described above, these documents
will be available free of charge at the SEC’s website or by
directing a written request to the Company. The Company’s
shareholders can obtain more information regarding the interests
and benefits of the Company’s directors and executive officers in
the Merger by reading such definitive proxy statement and other
relevant documents when they become available.
About GAN Limited
GAN is a leading business-to-business supplier of internet
gaming software-as-a-service solutions predominantly to the U.S.
land-based casino industry. Coolbet, a division of GAN, is a
market-leading operator of proprietary online sports betting
technology with market leadership positions in select European and
Latin American markets. GAN has developed a proprietary internet
gaming enterprise software system, GameSTACK™, which it licenses to
land-based casino operators as a turnkey technology solution for
regulated real money internet gaming, encompassing internet gaming,
internet sports gaming, and virtual Simulated Gaming. Additional
information about GAN can be found online at www.GAN.com.
About Sega Sammy Holdings Inc.
The Sega Sammy Holdings, Inc. the holding company for a group of
companies comprising the Entertainment Contents Business, which
offers a diversity of fun through consumer and arcade game content,
toys and animation; the Pachislot and Pachinko Machines Business,
which conducts everything from development to sales of
Pachinko/Pachislot machines; and the Resort Business, which
develops and operates hotels.
About Sega Sammy Creation Inc.
Sega Sammy Creation Inc. is a gaming machine manufacturer that
utilizes its wealth of creativity, entertainment experience and
technology to produce products that offer new and exciting
experiences. With these products, Sega Sammy looks to surpass
anything seen thus far and breathe new life into the global gaming
market.
Forward-Looking Statements
This release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
All statements contained in this release that do not relate to
matters of historical fact should be considered forward-looking
statements, including, without limitation, statements regarding the
occurrence and timing of the special meeting and the completion of
the merger and related transactions. In addition, statements that
include the words “expect,” “intend,” “plan,” “believe,” “project,”
“forecast,” “estimate,” “may,” “should,” “anticipate” and similar
statements of a future or forward-looking nature. These
forward-looking statements are based on management’s current
expectations. These statements are neither promises nor guarantees,
but involve known and unknown risks, uncertainties and other
important factors that may cause actual results, performance, or
achievements to be materially different from any future results,
performance or achievements expressed or implied by the
forward-looking statements including those risks detailed under
“Risk Factors” in our Annual Report on Form 10-K and subsequent
periodic reports. Readers are cautioned not to place undue reliance
on any forward-looking statements, which speak only as of the date
on which they are made. The Company undertakes no obligation to
update or revise any forward-looking statements for any reason,
except as required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20240110527158/en/
Investors: GAN Robert Shore Vice President, IR and
Capital Markets (610) 812-3519 rshore@GAN.com Alpha IR Group
Ryan Coleman or Davis Snyder (312) 445-2870 GAN@alpha-ir.com
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