Bally's Corp Files 8-K: Material Definitive Agreement
Ticker: BALY · Form: 8-K · Filed: Oct 1, 2024 · CIK: 1747079
| Field | Detail |
|---|---|
| Company | Bally'S Corp (BALY) |
| Form Type | 8-K |
| Filed Date | Oct 1, 2024 |
| Risk Level | medium |
| Pages | 11 |
| Reading Time | 13 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-definitive-agreement, filing
TL;DR
Bally's just signed a big deal, filing an 8-K for a Material Definitive Agreement.
AI Summary
On September 30, 2024, Bally's Corporation entered into a Material Definitive Agreement related to its financial statements and exhibits. The filing does not specify the other party or the exact nature of the agreement, but it is a significant event requiring disclosure.
Why It Matters
This filing indicates a significant new agreement for Bally's Corp, which could impact its financial structure, operations, or future strategic direction.
Risk Assessment
Risk Level: medium — The filing of a Material Definitive Agreement suggests a significant event, but the lack of specific details about the agreement introduces uncertainty.
Key Players & Entities
- Bally's Corporation (company) — Registrant
- September 30, 2024 (date) — Date of earliest event reported
FAQ
What is the nature of the Material Definitive Agreement filed by Bally's Corporation?
The filing does not specify the exact nature of the Material Definitive Agreement, only that it was entered into on September 30, 2024, and relates to financial statements and exhibits.
Who are the parties involved in this Material Definitive Agreement?
The filing does not disclose the other parties involved in the Material Definitive Agreement.
What is the effective date of this filing?
The earliest event reported is dated September 30, 2024, and the filing was made as of October 1, 2024.
What is Bally's Corporation's former company name?
Bally's Corporation was formerly known as Twin River Worldwide Holdings, Inc., with name changes occurring on November 5, 2020, and November 3, 2020, and previously on July 18, 2018.
What is Bally's Corporation's primary business classification?
Bally's Corporation is classified under HOTELS & MOTELS [7011].
Filing Stats: 3,334 words · 13 min read · ~11 pages · Grade level 15.5 · Accepted 2024-09-30 21:54:02
Key Financial Figures
- $0.01 — nge on which registered Common stock, $0.01 par value BALY New York Stock Excha
Filing Documents
- ea0215971-8k_bally.htm (8-K) — 51KB
- ea021597101ex2-1_bally.htm (EX-2.1) — 36KB
- 0001213900-24-083589.txt ( ) — 272KB
- baly-20240930.xsd (EX-101.SCH) — 3KB
- baly-20240930_lab.xml (EX-101.LAB) — 33KB
- baly-20240930_pre.xml (EX-101.PRE) — 22KB
- ea0215971-8k_bally_htm.xml (XML) — 3KB
01 Entry into a Material Definitive
Item 1.01 Entry into a Material Definitive Agreement On September 30, 2024, Bally's Corporation, a Delaware corporation (the " Company "), entered into Amendment No. 2 (" Amendment No. 2 ") to the Agreement and Plan of Merger dated as of July 25, 2024 (the " Merger Agreement " and, as amended by Amendment No. 1 (as defined below) and Amendment No. 2, the " Amended Merger Agreement "), by and among the Company, SG Parent LLC, a Delaware limited liability company (" Parent "), The Queen Casino & Entertainment, Inc., a Delaware corporation and affiliate of Parent (" Queen "), Epsilon Sub I, Inc., a Delaware corporation and wholly owned subsidiary of the Company (" Merger Sub I "), Epsilon Sub II, Inc., a Delaware corporation and wholly owned subsidiary of the Company (" Merger Sub II ", and together with the Company and Merger Sub I, the " Company Parties "), and, solely for purposes of specified provisions of the Merger Agreement, SG CQ Gaming LLC, a Delaware limited liability company (" SG Gaming " and together with Parent and Queen, the " Buyer Parties "). The Company Parties and the Buyer Parties entered into Amendment No. 1 to the Merger Agreement (" Amendment No. 1 ") on August 27, 2024. Each of the Buyer Parties and the Company Parties is a party to the Amended Merger Amendment and is sometimes referred to herein as a " Party " and collectively as the " Parties ." Capitalized terms used herein but not otherwise defined have the meaning set forth in the Amended Merger Agreement. A copy of the Merger Agreement was filed as Exhibit 2.1 to the Current Report on Form 8-K filed by the Company with the Securities and Exchange Commission (the " SEC ") on July 25, 2024 and a copy of Amendment No. 1 was filed as Exhibit 2.1 to the Current Report on Form 8-K filed by the Company with the SEC on August 28, 2024, each of which are incorporated herein by reference. Parent and SG Gaming are owned and controlled by Standard General L.P., a Delaware limited partnership (" St
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. Exhibit Number Description 2.1* Amendment No. 2 to the Agreement and Plan of Merger, dated as of September 30, 2024, by and among Parent, Queen, Merger Sub I, Merger Sub II, the Company and, solely for purposes of specified provisions of the Merger Agreement, SG Gaming . 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). * Schedules (or similar attachments) have been omitted pursuant to Item 601(b)(2) of Regulation S-K. The registrant will furnish copies of any such schedules or similar attachments to the SEC upon request. 4
SIGNATURES
SIGNATURES 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. BALLY'S CORPORATION. Date: September 30, 2024 By: /s/ Kim M. Barker Kim M. Barker Chief Legal Officer 5