Galaxy Gaming, Evolution extend merger agreement ‘outside date’

As previously announced, Galaxy Gaming (GLXZ), Evolution Malta Holding and Galaga Merger Sub entered into an Agreement and Plan of Merger pursuant to which Merger Sub will be merged with and into Galaxy, with Galaxy surviving as a wholly owned subsidiary of Evolution. Evolution and Galaxy Gaming announced that they have mutually agreed to extend the Merger Agreement “outside date” through July 17, 2026, reaffirming their mutual commitment to completing the transaction and advancing their shared vision for innovation in the gaming industry. As part of the regulatory approval process, Evolution and Galaxy anticipate that the proposed acquisition will be approved by relevant regulatory authorities during the first quarter of 2026. With Mississippi’s approval secured in November 2025, both companies will continue to work closely with regulators to satisfy the remaining required gaming approvals by certain regulatory authorities by July 17, 2026. Upon receipt of all required gaming approvals, the Merger Agreement’s closing condition with respect to such approvals will be met. Subject to the satisfaction or waiver of all other conditions, the Merger is expected to close shortly thereafter. Both companies anticipate closing promptly following regulatory approvals.