PLAYSTUDIOS, Inc. Files 8-K with Financial Updates

Ticker: MYPSW · Form: 8-K · Filed: Aug 5, 2024 · CIK: 1823878

Playstudios, Inc. 8-K Filing Summary
FieldDetail
CompanyPlaystudios, Inc. (MYPSW)
Form Type8-K
Filed DateAug 5, 2024
Risk Levelmedium
Pages3
Reading Time3 min
Key Dollar Amounts$11.50 M
Sentimentneutral

Sentiment: neutral

Topics: financial-results, regulation-fd, corporate-update

Related Tickers: MYPS

TL;DR

PLAYSTUDIOS (MYPS) dropped an 8-K on Aug 5th - check financials and Reg FD updates.

AI Summary

On August 5, 2024, PLAYSTUDIOS, Inc. filed an 8-K report detailing financial results and other disclosures. The filing includes information on their operations and financial condition, as well as Regulation FD disclosures and financial statements. The company, formerly known as Acies Acquisition Corp., is based in Las Vegas, Nevada.

Why It Matters

This 8-K filing provides investors with crucial updates on PLAYSTUDIOS, Inc.'s financial performance and operational status, impacting investment decisions.

Risk Assessment

Risk Level: medium — 8-K filings can contain significant financial and operational news that may impact stock price, requiring careful review.

Key Players & Entities

  • PLAYSTUDIOS, Inc. (company) — Registrant
  • Acies Acquisition Corp. (company) — Former name of registrant
  • August 5, 2024 (date) — Date of Report
  • Las Vegas, Nevada (location) — Principal Executive Offices
  • 725-877-7000 (phone_number) — Registrant's telephone number

FAQ

What specific financial information is being disclosed in this 8-K filing?

The filing indicates it contains information regarding 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits', but specific figures are not detailed in the provided text.

When was PLAYSTUDIOS, Inc. formerly known as Acies Acquisition Corp.?

The company's name change from Acies Acquisition Corp. to PLAYSTUDIOS, Inc. occurred on September 8, 2020.

What is the primary business address of PLAYSTUDIOS, Inc.?

The principal executive offices are located at 10150 Covington Cross Drive, Las Vegas, Nevada 89144.

What is the SEC Act under which this 8-K is filed?

This 8-K is filed pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934.

What are the key items reported in this 8-K filing?

The key items reported are Results of Operations and Financial Condition, Regulation FD Disclosure, and Financial Statements and Exhibits.

Filing Stats: 766 words · 3 min read · ~3 pages · Grade level 10.5 · Accepted 2024-08-05 16:21:36

Key Financial Figures

  • $11.50 M — A common stock at an exercise price of $11.50 MYPSW The Nasdaq Stock Market LLC Indic

Filing Documents

02. Results of Operations and Financial Condition

Item 2.02. Results of Operations and Financial Condition. On August 5, 2024 , PLAYSTUDIOS, Inc. (the "Company") issued a press release, furnished as Exhibit 99.1, announcing the Company's results of operations for the quarter ended June 30, 2024.

01. Regulation FD Disclosure

Item 7.01. Regulation FD Disclosure PLAYSTUDIOS, Inc. (the "Company") may, from time to time on or after August 5, 2024 , present or distribute to the investment community, and utilize at various industry and other conferences, a slide presentation which is furnished herewith as Exhibit 99.2 (the "Investor Presentation"). The Investor Presentation also will be posted to the "Investors" portion of the Company's website at https://ir.playstudios.com/. The information contained in the Investor Presentation is summary information that is intended to be considered in the context of the Company's filings with the Securities and Exchange Commission (the "SEC") and other public announcements that the Company may make from time to time, by press release or otherwise. The Company disclaims any duty or obligation to update, correct, or revise the information contained in the Investor Presentation, although it may do so from time to time. Any such updates may be made through the filing or furnishing of other reports or documents with the SEC, through press releases, or through other public disclosure, including disclosure on the Company's website. In accordance with General Instruction B.2 of Form 8-K, the information in Item 2.02 and Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1 and Exhibit 99.2 attached hereto, shall not be deemed "filed" for the 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 of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in any such filing, except as shall be expressly set forth by specific references in such filing.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits (a) None (b) None (c) None (d) Exhibits Exhibit Number Description 99.1* Press release dated A ugust 5, 2024, announcing financial results for the quarter ended June 30 , 2024. 99.2* Investor presentation dated August 5, 2024. 104 Cover Page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document) * Furnished herewith

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. Dated: August 5, 2024 PLAYSTUDIOS, Inc. By: /s/ Scott Peterson Name: Scott Peterson Title: Chief Financial Officer

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