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Galaxy Gaming Extends Merger Deadline with Evolution

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Galaxy Gaming Extends Merger Deadline with Evolution

TipRanks Cyber Monday Sale

Galaxy Gaming ( (GLXZ) ) has issued an announcement.

On November 24, 2025, Galaxy Gaming and Evolution Malta Holding Limited extended their merger agreement deadline to July 17, 2026, to allow more time for regulatory approvals. With Mississippi’s approval already secured, the companies anticipate receiving the remaining approvals by the first quarter of 2026, which will enable the merger to proceed. This extension underscores both companies’ commitment to completing the merger, which is expected to enhance Evolution’s market position and accelerate Galaxy Gaming’s growth while maintaining its operational independence.

The most recent analyst rating on (GLXZ) stock is a Sell with a $2.50 price target. To see the full list of analyst forecasts on Galaxy Gaming stock, see the GLXZ Stock Forecast page.

Spark’s Take on GLXZ Stock

According to Spark, TipRanks’ AI Analyst, GLXZ is a Underperform.

Galaxy Gaming’s overall stock score is primarily impacted by its challenging financial performance and weak technical indicators. The company’s high leverage and negative equity are significant risks, while the bearish technical signals and poor valuation metrics further weigh down the score.

To see Spark’s full report on GLXZ stock, click here.

More about Galaxy Gaming

Galaxy Gaming, headquartered in Las Vegas, Nevada, is a leading developer and distributor of innovative casino table games, bonusing systems, and technology solutions for both physical and online casinos worldwide. The company is recognized as the world’s leading licensor of proprietary table games to the online gaming industry and holds 131 licenses globally, including in 28 U.S. states.

Average Trading Volume: 58,019

Technical Sentiment Signal: Hold

Current Market Cap: $63.84M

See more data about GLXZ stock on TipRanks’ Stock Analysis page.

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