AGS Announces That Apollo Closed Secondary Public Offering Of 4,000,000 Shares Of AGS Common Stock

AGS Announces That Apollo Closed Secondary Public Offering Of 4,000,000 Shares Of AGS Common Stock

ags-term-b-loan AGS Announces That Apollo Closed Secondary Public Offering Of 4,000,000 Shares Of AGS Common StockReading Time: 1 minute

 

AGS announced the closing of the previously announced secondary public offering of shares of the Company’s common stock by Apollo Gaming Holdings, L.P.  at a price to the public of $25.50. Following the offering, the Selling Stockholder and funds affiliated with Apollo Global Management, LLC are expected to beneficially own approximately 22.3 percent of the Company’s common shares. The Company did not sell any common shares and did not receive any proceeds from the offering.

Morgan Stanley and Jefferies acted as underwriters for the Offering. The offering was made only by means of a prospectus supplement and accompanying base prospectus related to the offering, copies of which may be obtained from Morgan Stanley & Co. LLC – Attn: Prospectus Department – 180 Varick Street, 2nd Floor – New York, NY 10014; Jefferies LLC, Attention: Prospectus Department, 520 Madison Avenue, 2nd Floor, New York, NY 10022, by calling 1-877-821-7388, or by e-mailing [email protected]

 

About AGS

AGS is a global company focused on creating a diverse mix of entertaining gaming experiences for every kind of player. Our roots are firmly planted in the Class II Native American gaming market, but our customer-centric culture and growth have helped us branch out to become a leading all-inclusive commercial gaming supplier. Powered by high-performing Class II and Class III slot products, an expansive table products portfolio, real-money gaming platforms and content, highly rated social casino solutions for operators and players, and best-in-class service, we offer an unmatched value proposition for our casino partners. Learn more at www.playags.com.

 

Source: AGS


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