Inspired Entertainment Announces Board & Executive Changes
Ticker: INSE · Form: 8-K · Filed: Feb 4, 2025 · CIK: 1615063
| Field | Detail |
|---|---|
| Company | Inspired Entertainment, INC. (INSE) |
| Form Type | 8-K |
| Filed Date | Feb 4, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001, $900,000, $650,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, compensation
TL;DR
Board shakeup and pay changes at Inspired Entertainment.
AI Summary
Inspired Entertainment, Inc. announced on January 29, 2025, a change in its board of directors and executive compensation arrangements. The filing details the departure of certain directors and the election of new ones, alongside updates to the compensatory arrangements for its officers. This report is filed under Item 5.02 and Item 5.07 of Form 8-K.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy, governance, and future financial performance.
Risk Assessment
Risk Level: medium — Changes in leadership and compensation can introduce uncertainty regarding future strategy and execution.
Key Players & Entities
- Inspired Entertainment, Inc. (company) — Registrant
- January 29, 2025 (date) — Date of earliest event reported
- Hydra Industries Acquisition Corp. (company) — Former company name
FAQ
What specific changes were made to the board of directors?
The filing indicates the departure of certain directors and the election of new ones, but the specific names are detailed within the full report.
What are the key updates regarding executive compensation?
The filing mentions updates to the compensatory arrangements of certain officers, with specific details to be found in the full document.
Under which items of Form 8-K is this report filed?
This report is filed under Item 5.02 (Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers) and Item 5.07 (Regulation FD Disclosure) and Item 9.01 (Financial Statements and Exhibits).
When was Inspired Entertainment, Inc. previously known as?
The company was formerly known as Hydra Industries Acquisition Corp. until July 28, 2014.
What is the principal business of Inspired Entertainment, Inc. according to the filing?
The filing lists the Standard Industrial Classification as SERVICES-PREPACKAGED SOFTWARE [7372].
Filing Stats: 656 words · 3 min read · ~2 pages · Grade level 10.3 · Accepted 2025-02-04 16:05:37
Key Financial Figures
- $0.0001 — ch registered Common stock, par value $0.0001 per share INSE The NASDAQ Stock Mar
- $900,000 — 2028, increases his base salary rate to $900,000 and increases his annual target bonus o
- $650,000 — 2027, increases his base salary rate of $650,000 and increases his annual target bonus o
Filing Documents
- form8-k.htm (8-K) — 41KB
- ex10-1.htm (EX-10.1) — 21KB
- ex10-2.htm (EX-10.2) — 18KB
- 0001493152-25-004851.txt ( ) — 293KB
- inse-20250129.xsd (EX-101.SCH) — 3KB
- inse-20250129_def.xml (EX-101.DEF) — 26KB
- inse-20250129_lab.xml (EX-101.LAB) — 35KB
- inse-20250129_pre.xml (EX-101.PRE) — 24KB
- form8-k_htm.xml (XML) — 4KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned hereunto duly authorized. February 4, 2025 Inspired Entertainment, Inc. By: /s/ Simona Camilleri Name: Simona Camilleri Title: General Counsel