PLAYSTUDIOS Announces Director Changes and Executive Compensation Updates
Ticker: MYPSW · Form: 8-K · Filed: Jan 29, 2025 · CIK: 1823878
| Field | Detail |
|---|---|
| Company | Playstudios, Inc. (MYPSW) |
| Form Type | 8-K |
| Filed Date | Jan 29, 2025 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $11.50, $400,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: director-change, executive-compensation, filing
TL;DR
PLAYSTUDIOS shakes up board, adjusts exec pay - filing details changes.
AI Summary
PLAYSTUDIOS, Inc. announced on January 23, 2025, changes related to its board of directors and executive compensation. Specifically, the company reported the departure of a director, the election of a new director, and adjustments to compensatory arrangements for certain officers. The filing also includes financial statements and exhibits.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in directorship and executive compensation can indicate internal shifts that may affect company direction and performance.
Key Players & Entities
- PLAYSTUDIOS, Inc. (company) — Registrant
- Acies Acquisition Corp. (company) — Former Company Name
- January 23, 2025 (date) — Date of Report
FAQ
Who departed from the board of directors at PLAYSTUDIOS, Inc.?
The filing indicates the departure of a director, but does not name the individual in the provided text.
Who was elected to the board of directors at PLAYSTUDIOS, Inc.?
The filing states that a director was elected, but does not provide the name of the individual in the provided text.
What other items are included in this 8-K filing?
In addition to director and officer changes, the filing includes financial statements and exhibits.
When did PLAYSTUDIOS, Inc. change its name from Acies Acquisition Corp.?
The date of the name change from Acies Acquisition Corp. to PLAYSTUDIOS, Inc. was September 8, 2020.
What is the principal executive office address for PLAYSTUDIOS, Inc.?
The principal executive offices are located at 10150 Covington Cross Drive, Las Vegas, Nevada 89144.
Filing Stats: 943 words · 4 min read · ~3 pages · Grade level 11.7 · Accepted 2025-01-29 17:25:36
Key Financial Figures
- $11.50 — A common stock at an exercise price of $11.50 per share MYPSW Nasdaq Stock Market LLC
- $400,000 — 's base salary to an annualized rate of $400,000; (ii) an annual discretionary cash bonu
Filing Documents
- myps-20250123.htm (8-K) — 33KB
- 0001823878-25-000002.txt ( ) — 197KB
- myps-20250123.xsd (EX-101.SCH) — 2KB
- myps-20250123_def.xml (EX-101.DEF) — 15KB
- myps-20250123_lab.xml (EX-101.LAB) — 27KB
- myps-20250123_pre.xml (EX-101.PRE) — 16KB
- myps-20250123_htm.xml (XML) — 4KB
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits (a) None (b) None (c) None (d) Exhibits Exhibit Number Description 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: January 29, 2025 PLAYSTUDIOS, Inc. By: /s/ Scott Peterson Name: Scott Peterson Title: Chief Financial Officer