Playtika Completes Asset Acquisition

TL;DR

Playtika just bought some assets, details TBD.

AI Summary

On November 20, 2024, Playtika Holding Corp. filed an 8-K to report the completion of an acquisition. The filing indicates the company has acquired assets, though specific details regarding the acquired entity or the financial value of the transaction are not provided in this excerpt.

Why It Matters

This filing signals a strategic move by Playtika to expand its operations or market presence through the acquisition of new assets.

Risk Assessment

Risk Level: medium — Acquisitions inherently carry integration risks and potential financial uncertainties that can impact the company's performance.

Key Players & Entities

• Playtika Holding Corp. (company) — Registrant
• 0001828016-24-000038 (document_id) — Accession Number
• November 20, 2024 (date) — Report Date

FAQ

Key Financial Figures

• $0.01 — ange on which registered Common Stock, $0.01 par value PLTK The Nasdaq Stock Market
• $700.0 m — n aggregate purchase price equal to (i) $700.0 million, payable at the closing of the Tr
• $1.250 b — ts, plus (ii) earnout payments of up to $1.250 billion, the amounts of which will be bas

Filing Documents

• pltk-20241120.htm (8-K) — 28KB
• playtikasuperplayclosingne.htm (EX-99.1) — 19KB
• 0001828016-24-000038.txt ( ) — 173KB
• pltk-20241120.xsd (EX-101.SCH) — 2KB
• pltk-20241120_lab.xml (EX-101.LAB) — 21KB
• pltk-20241120_pre.xml (EX-101.PRE) — 12KB
• pltk-20241120_htm.xml (XML) — 3KB

01 Completion of Acquisition or Disposition of Assets

Item 2.01 Completion of Acquisition or Disposition of Assets. On November 20, 2024, Playtika Holding Corp. (the "Company") and Playtika Ltd. ("Playtika Limited"), a wholly owned subsidiary of the Company, completed Playtika Limited's previously announced acquisition (the "Transaction") of all of the issued and outstanding share capital of SuperPlay Ltd. ("SuperPlay") pursuant to that certain Share Purchase Agreement (the "Purchase Agreement"), dated September 18, 2024 by and among the Company, Playtika Limited, SuperPlay, the shareholders of SuperPlay (the "Sellers") and Gigi Levy-Weiss, as the shareholder representative, for an aggregate purchase price equal to (i) $700.0 million, payable at the closing of the Transaction, subject to certain post-closing adjustments, plus (ii) earnout payments of up to $1.250 billion, the amounts of which will be based on certain gross revenue growth and Adjusted EBITDA metrics of SuperPlay during the calendar years 2025, 2026 and 2027, in each case, payable following the end of the applicable measurement period. The foregoing description of the Purchase Agreement does not purport to be complete and is qualified in its entirety by reference to the Purchase Agreement, a copy of which is attached hereto as Exhibit 2.1 and incorporated herein by reference. The above description of the Purchase Agreement has been included to provide information regarding the terms of the Purchase Agreement. It is not intended to provide any other information about the Company, Playtika Limited, SuperPlay and the Sellers or their respective subsidiaries or affiliates. The Purchase Agreement contains representations and warranties of the parties thereto that were made solely for the benefit of the other party. The assertions embodied in those representations and warranties are qualified by information in confidential disclosure schedules that the parties have exchanged in connection with signing the Purchase Agreement. The disclosure schedules cont

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. On November 20, 2024, the Company issued a press release announcing the completion of the Transaction, a copy of which is being furnished as Exhibit 99.1 attached hereto.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (a) Financial Statements of Businesses or Funds Acquired The financial statements required by this item are not being filed herewith. The Company will file the required financial statements as an amendment to this Current Report on Form 8-K as soon as practicable after the date hereof and not later than 71 days after the date this Current Report on Form 8-K would otherwise be required to be filed. (b) Pro Forma Financial Information The pro forma financial information required by this item is not being filed herewith. The Company will file the required pro forma financial information as an amendment to this Current Report on Form 8-K as soon as practicable after the date hereof and not later than 71 days after the date this Current Report on Form 8-K would otherwise be required to be filed. (d) Exhibits 2.1* Share Purchase Agreement, dated as of September 18, 2024, by and among Playtika Holding Corp., Playtika Ltd., SuperPlay Ltd., the shareholders of SuperPlay Ltd. and Gigi Levy-Weiss, as the shareholder representative (incorporated by reference to Exhibit 2.1 to the Company's Current Report on Form 8-K filed on September 20, 2024) 99.1 Press Release issued on November 20, 2024 104 Cover page Interactive Data File (formatted in iXBRL and contained in Exhibit 101) Certain exhibits and schedules to this exhibit have been omitted pursuant to Item 601(a)(5) and/or Item 601(b)(2) of Regulation S-K. The registrant hereby undertakes to furnish copies of any of the omitted schedules and exhibits upon request by the U.S. Securities and Exchange Commission.

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, thereunto duly authorized. PLAYTIKA HOLDING CORP. Registrant By: /s/ Craig Abrahams Craig Abrahams President and Chief Financial Officer Dated as of November 20, 2024

View Full Filing

View this 8-K filing on SEC EDGAR