Examining the Sale of Galaxy Gaming, Inc.: What Investors Need to Know
Investigation into Galaxy Gaming's Sale
In a notable development, former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., along with the law firm of Kahn Swick & Foti, LLC, is closely examining the proposed transaction involving Galaxy Gaming, Inc. (OTC: GLXZ) and Evolution AB (publ). This investigation centers on the perceived adequacy of the offer being made to Galaxy Gaming's shareholders and the process by which this sale is being conducted.
Understanding the Sale's Proposal
Per the terms laid out in the proposed agreement, shareholders of Galaxy Gaming would receive $3.20 cash for each share they hold. This figure raises questions about the true value of Galaxy Gaming and whether shareholders are being fairly compensated in this transaction. KSF aims to scrutinize whether this price fairly reflects the worth of the company and the process that led to this valuation.
Concerns Regarding Shareholder Interests
Investors are naturally concerned about whether the price being offered does justice to the hard work and investments they've made into Galaxy Gaming. The investigation by Kahn Swick & Foti is crucial as it seeks clarity on the decision-making process leading up to this proposed sale. Stakeholders are encouraged to voice their opinions and concerns regarding the potential undervaluation of the company.
What Should Shareholders Do?
If shareholders feel that the proposed sale undervalues Galaxy Gaming or are uncertain about their rights in this situation, they have options. Engaging with KSF could provide valuable insights, as the firm is ready to discuss legal rights without any obligation or cost. This could lead to a broader understanding of how the proposed sale impacts individual investors.
Role of Kahn Swick & Foti, LLC
Kahn Swick & Foti, LLC is known for its strong advocacy for shareholder rights and has gained recognition through its efforts in similar investigations. Their experience and knowledgeable staff aim to ensure that investors are treated fairly and transparently. Their involvement in this situation underscores the importance of protecting shareholder interests in major corporate actions.
Keeping Informed
Investors looking to stay informed can reach out to KSF Managing Partner Lewis S. Kahn to learn more about this investigation. By asking questions and seeking clarification on the proposed price and process, shareholders can better navigate this situation and safeguard their investments.
Frequently Asked Questions
What is the proposed price for Galaxy Gaming shares?
The proposed price is $3.20 cash for each share held by Galaxy Gaming shareholders.
Who is conducting the investigation into Galaxy Gaming's sale?
The investigation is being conducted by former Louisiana Attorney General Charles C. Foti, Jr., Esq., and Kahn Swick & Foti, LLC.
What should I do if I believe the sale undervalues the company?
If you feel the proposed sale undervalues the company, consider contacting KSF to discuss your legal rights with no obligation.
How can I contact Kahn Swick & Foti, LLC?
You can reach KSF by calling toll-free at 855-768-1857 to discuss any questions or concerns regarding the sale.
What is the focus of KSF's investigation?
KSF is focused on evaluating whether the $3.20 offer is adequate and determining if the process leading to this offer was fair and transparent for shareholders.
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