Galaxy Gaming Announces Board & Executive Changes
Ticker: GLXZ · Form: 8-K · Filed: Dec 31, 2024 · CIK: 13156
Sentiment: neutral
Topics: management-change, compensation
TL;DR
Galaxy Gaming shakes up board and exec pay on Dec 27th.
AI Summary
Galaxy Gaming, Inc. announced on December 27, 2024, a change in its board of directors and executive compensation arrangements. The filing details the departure of certain officers and the election of new directors, alongside adjustments to compensatory plans for key executives.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy, governance, and future performance expectations.
Risk Assessment
Risk Level: medium — Changes in leadership and compensation can introduce uncertainty regarding future strategic direction and operational stability.
Key Players & Entities
- Galaxy Gaming, Inc. (company) — Registrant
- December 27, 2024 (date) — Date of earliest event reported
FAQ
Who departed from Galaxy Gaming, Inc. as an officer?
The filing indicates the departure of certain officers, but does not name them specifically in the provided text.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on December 27, 2024.
What state is Galaxy Gaming, Inc. incorporated in?
Galaxy Gaming, Inc. is incorporated in Nevada.
What is the IRS Employer Identification Number for Galaxy Gaming, Inc.?
The IRS Employer Identification Number for Galaxy Gaming, Inc. is 20-8143439.
What are the main items reported in this 8-K filing?
The main items reported are the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers, along with financial statements and exhibits.
Filing Stats: 561 words · 2 min read · ~2 pages · Grade level 12.4 · Accepted 2024-12-31 16:30:29
Key Financial Figures
- $0.001 — ange on Which Registered Common Stock, $0.001 par value per share GLXZ OTCQB Mark
- $175,000 — nd (ii) an accelerated bonus payment of $175,000 payable prior to December 31, 2024, in
Filing Documents
- d922866d8k.htm (8-K) — 24KB
- d922866dex101.htm (EX-10.1) — 15KB
- g922866img1.jpg (GRAPHIC) — 1KB
- 0001193125-24-287183.txt ( ) — 167KB
- glxz-20241227.xsd (EX-101.SCH) — 2KB
- glxz-20241227_lab.xml (EX-101.LAB) — 18KB
- glxz-20241227_pre.xml (EX-101.PRE) — 11KB
- d922866d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 10.1 Employment Agreement Amendment, dated December 27, 2024, by and between Galaxy Gaming, Inc. and Matt Reback 104 Cover Page Interactive Data File (embedded within the inline XBRL document) 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. Dated: December 31, 2024 GALAXY GAMING, INC. By: /s/ Steven Kopjo Steven Kopjo Chief Financial Officer