Current Report Filing (8-k)
September 30 2022 - 08:26AM
Edgar (US Regulatory)
false 0001766363 0001766363 2022-09-30
2022-09-30
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported):
September 30, 2022
Endeavor Group Holdings, Inc.
(Exact Name of Registrant as Specified in its Charter)
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Delaware |
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001-40373 |
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83-3340169 |
(State or other jurisdiction
of incorporation)
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(Commission
File Number)
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(IRS Employer
Identification No.)
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9601 Wilshire Boulevard, 3rd Floor
Beverly Hills, California |
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90210 |
(Address of principal executive
offices) |
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(Zip Code) |
(310) 285-9000
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:
☐ |
Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)
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☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
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☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
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Securities registered pursuant to Section 12(b) of the
Act:
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Title of each class
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Trading
Symbol(s)
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Name of each exchange
on which registered
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Class A Common Stock,
$0.00001 par value per share
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EDR |
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New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth
company as defined in Rule 405 of the Securities Act of 1933
(§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of
1934 (§240.12b-2 of this
chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the
registrant has elected not to use the extended transition period
for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange
Act. ☐
Item 7.01 |
Regulation FD Disclosure.
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On September 30, 2022, Endeavor Group Holdings, Inc., a
Delaware corporation (“Endeavor”), issued a press release
announcing the closing of the Transaction (as defined below), a
copy of which is attached hereto as Exhibit 99.1 and incorporated
herein by reference.
The information contained under Item 7.01 of this Current Report on
Form 8-K (including Exhibit
99.1), 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 or the Exchange Act except as may be expressly
set forth by specific reference in such filing.
On September 30, 2022, Endeavor closed its previously
announced acquisition (the “Transaction”) of all of the outstanding
equity interests of certain entities, which collectively are
engaged in the business of providing products and services to
sports betting operators for the purposes of sport wagering, from
Light & Wonder, Inc., in exchange for approximately
$800 million, consisting of $750 million in cash, subject
to certain customary adjustments as set forth in the equity
purchase agreement related to the Transaction (as amended), and
2,305,794 newly issued shares of Endeavor’s Class A common
stock, a value of $50.0 million based on the volume-weighted
average trading price of the Class A common stock for the
twenty trading days ended on June 29, 2022.
Item 9.01 |
Financial Statements and Exhibits.
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(d) Exhibits.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned hereunto duly authorized.
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ENDEAVOR GROUP HOLDINGS,
INC. |
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By: |
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/s/ Jason Lublin
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Name: |
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Jason Lublin |
Title: |
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Chief Financial Officer |
Date: September 30, 2022
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