Aim Global Goes Private After Acquisition by NeoGames

Aim Global, a gaming firm, is transitioning to private ownership. This comes after a successful acquisition attempt by NeoGames, which now holds more than 98% of Aim’s stock.

NeoGames originally proposed approximately $12.29 per share for Aim in January 2022, estimating the company’s worth at around $5-6 billion. The agreement has already secured approval from regulatory bodies in significant markets.

Although no specific date has been determined, Aim will shortly withdraw from the Nasdaq First North Premier Growth Market. The corporation will disclose the precise date following verification from Nasdaq Stockholm.

Notwithstanding the purchase, Aim Global will persist in functioning autonomously as NeoGames’ online gaming branch. Aim’s Chief Executive Officer, Tshashi Maimon, will remain in his position and take on an expanded role as President of the NeoGames Group.

During his January of 2022 speech, Mamoun conveyed a deep certainty in the unification of the two corporations. He posits that their tight partnership and harmonious philosophies throughout the years will yield substantial gains in income.

Comments

No comments yet. Why don’t you start the discussion?

Leave a Reply

Your email address will not be published. Required fields are marked *