Item 7.01. Regulation FD Disclosure.
In connection with the proposed business combination (the "Business
Combination") between
The information in this Item 7.01 and Exhibit 99.1 attached hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended (the "Securities Act") or the Exchange Act, except as expressly set forth by specific reference in such filing.
Important Information About the Business Combination and the Extension and Where to Find It
In connection with the proposed Business Combination, the Company filed a
preliminary proxy statement with the
Participants in the Solicitation
The Company and its directors and executive officers may be deemed participants in the solicitation of proxies from the Company's stockholders with respect to the Business Combination. A list of the names of those directors and executive officers and a description of their interests in the Company and the Business Combination is contained in the preliminary proxy statement for the Business Combination and will be included in the definitive proxy statement for the Business Combination when available.
GNOG and its directors and executive officers may also be deemed to be participants in the solicitation of proxies from the stockholders of the Company in connection with the Business Combination. A list of the names of such directors and executive officers and information regarding their interests in the Business Combination is included in the preliminary proxy statement for the Business Combination and will be included in the definitive proxy statement for the Business Combination when available.
Forward-Looking Statements
This Current Report on Form 8-K includes "forward-looking statements" within the
meaning of the "safe harbor" provisions of the Private Securities Litigation
Reform Act of 1995. The Company's and GNOG's actual results may differ from
their expectations, estimates and projections and consequently, you should not
rely on these forward looking statements as predictions of future events. Words
such as "expect," "estimate," "project," "budget," "forecast," "anticipate,"
"intend," "plan," "may," "will," "could," "should," "believes," "predicts,"
"potential," "continue," and similar expressions are intended to identify such
forward-looking statements. These forward-looking statements include, without
limitation, the Company's and GNOG's expectations with respect to future
performance and anticipated financial impacts of the Business Combination, the
satisfaction of the closing conditions to the Business Combination and the
timing of the completion of the Business Combination. These forward-looking
statements involve significant risks and uncertainties that could cause the
actual results to differ materially from the expected results. Most of these
factors are outside the Company's and GNOG's control and are difficult to
predict. Factors that may cause such differences include, but are not limited
to: (1) the occurrence of any event, change or other circumstances that could
give rise to the termination of the definitive agreement relating to the
Business Combination (the "Purchase Agreement") or could otherwise cause the
Business Combination to fail to close, (2) the outcome of any legal proceedings
that may be instituted against the Company and GNOG following the announcement
of the Purchase Agreement and the transactions contemplated therein; (3) the
inability to complete the Business Combination, including due to failure to
obtain approval of the stockholders of the Company or other conditions to
closing in the Purchase Agreement; (4) the receipt of an unsolicited offer from
another party for an alternative business transaction that could interfere with
the proposed Business Combination; (5) the inability to obtain or maintain the
listing of the shares of common stock of the combined company on Nasdaq
following the Business Combination; (6) the risk that the Business Combination
disrupts current plans and operations as a result of the announcement and
consummation of the Business Combination; (7) the ability to recognize the
anticipated benefits of the Business Combination, which may be affected by,
among other things, competition, the ability of the combined company to grow and
manage growth profitably and retain its key employees; (8) costs related to the
Business Combination; (9) changes in applicable laws or regulations; (10) the
possibility that GNOG or the combined company may be adversely affected by other
economic, business, and/or competitive factors; (11) the impact of COVID-19 on
GNOG's business and/or the ability of the parties to complete the proposed
Business Combination; and (12) other risks and uncertainties indicated from time
to time in the proxy statement relating to the Business Combination, including
those under "Risk Factors" therein, and in the Company's other filings with the
No Offer or Solicitation
This Current Report on Form 8-K shall not constitute a solicitation of a proxy, consent or authorization with respect to any securities or in respect of the Business Combination. This Current Report on Form 8-K shall also not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any states or jurisdictions in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of section 10 of the Securities Act, or an exemption therefrom.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits Exhibit No. Description 99.1 Press Release, datedNovember 25, 2020 .
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