Galaxy Gaming: An Exhausting Way To Just Break Even [Seeking Alpha]
GALAXY GAMING INC (GLXZ)
NASDAQ:AMEX Investor Relations:
ir.galaxygaming.com
Company Research
Source: Seeking Alpha
Summary Galaxy Gaming was our eighth largest position in the fund and had a market cap of $45m. I was going to take the first half of the year to assess the situation at Galaxy as it owns wonderful assets that have been unproperly managed by the board. Galaxy Gaming was sold to Evolution Gaming for $3.20 per share - over 100% premium to where the shares were trading the day before. We sold our entire ownership in the company and ended up essentially breaking even. archigram/iStock via Getty Images The following segment was excerpted from this fund letter. Galaxy Gaming ( OTCQB:GLXZ ) licenses proprietary tables games to casinos - most notably '21+3.' It was our eighth largest position in the fund and had a market cap of $45m. If you recall, at the end of last year there was an unexpected, frustrating development at Galaxy Gaming as the board decided to abruptly fire the CEO - Todd Cravens. As mentioned in the previous letter, I was going to take the first half of th
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News
- Galaxy Gaming® Stockholders Approve Acquisition by Evolution [Yahoo! Finance]Yahoo! Finance
- Galaxy Gaming® Stockholders Approve Acquisition by EvolutionGlobeNewswire
- Galaxy Gaming® Debuts GOS™ Sapphire at Global Gaming Expo 2024GlobeNewswire
- GALAXY GAMING INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Galaxy Gaming, Inc. - GLXZBusiness Wire
- GLXZ Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Galaxy Gaming, Inc. Is Fair to ShareholdersBusiness Wire
GLXZ
Sec Filings
- 11/13/24 - Form SC
- 11/13/24 - Form 8-K
- 11/12/24 - Form 10-Q
- GLXZ's page on the SEC website