Aim Global to Delist from Nasdaq Stockholm Following NeoGames Acquisition
Aim Global, a gaming technology firm, has sought to withdraw its stock from the Nasdaq First North Premier Growth Market in Stockholm after being purchased by NeoGames.
NeoGames, which submitted an offer for Aim Global in the first month of 2022, currently possesses roughly 98.25% of Aim’s equity and shareholder voting power. The enterprise has commenced a compulsory repurchase procedure for the outstanding shares.
The acquisition, assessed between $500 million and $600 million, obtained regulatory consent from officials in Gibraltar and North Macedonia in the fifth month of 2022.
Although a concluding trading day is yet to be established, Aim Global will disclose it upon receiving verification from Nasdaq Stockholm.
Subsequent to the acquisition, Aim Global will integrate into the NeoGames collective as its iGaming branch, while maintaining autonomous operations. Aim’s Chief Executive Officer, Tsachi Maimon, will continue in his capacity and will also take on the title of President of NeoGames Group.
At the start of 2022, Mamoun conveyed deep certainty in the combined power of the two organizations. He pointed to their lengthy collaboration, stressing the robust cultural connections nurtured throughout the years. This intimate bond, he felt, would be key in achieving substantial gains in income.
