Item 8.01. Other Events.
Accel Entertainment, Inc. , aDelaware corporation (the "Company") completed its recent exchange offer relating to its outstanding warrants, including warrants that were (i) originally sold as part of the units issued in the Company's initial public offering, which closed onJune 30, 2017 (the "Pace IPO"), referred to as the "Pace Public Warrants", (ii) privately offered in connection with Pace IPO, based on an exemption from registration under the Securities Act of 1933, as amended (the "Securities Act"), referred to as the "Pace Private Placement Warrants", (iii) privately offered in connection with the business combination consummated by the Company onNovember 20, 2019 , referred to as the "Business Combination Private Placement Warrants" and (iv) issued in a registered offering in connection with the business combination, referred to as the "Accel Public Warrants" (collectively, referred to as the "Outstanding Warrants", and the Outstanding Warrants together with the Pace Public Warrants, the "Accel Warrants"). Under the terms of the exchange offer relating to the Accel Warrants, each holder had the right to receive 0.250 shares of Class A-1 common stock in exchange for each Accel Warrant tendered by the holder and exchanged pursuant to the offer (the "Offer"). The Offer expired at11:59 p.m. Eastern Standard Time onAugust 11, 2020 . A total of 7,189,990 Accel Warrants, or approximately 99.93% of the Accel Warrants outstanding, were validly tendered and not withdrawn in the Offer. The Company expects to issue 1,797,474 shares of its Class A-1 Common Stock in exchange for the Accel Warrants tendered in the Offer. A copy of the Company's press release relating to this announcement is being furnished as Exhibit 99.1 to this Form 8-K. Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 99.1 Press Release datedAugust 14, 2020 2
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