GAN on Tuesday announced that it has completed its merger with Sega Sammy Creation, an affiliate of Sega Sammy Holdings.
The merger was announced in November 2023.
Sega Sammy, through its affiliated entity, acquired all outstanding securities of GAN for US$1.97 per share in cash, which represents a premium of more than 121% to GAN’s closing stock price on November 7, 2023, the trading day prior to the announcement that GAN entered into a merger agreement with SSC.
GAN’s ordinary shares will cease to be traded on the NASDAQ by the close of trading today.
