NeoGames has concluded its purchase offer to Aspire Global shareholders and extended the deadline for acceptance to June 14, 2022. NeoGames is offering to buy Aspire Global for SEK4.3 billion, which is approximately $476 million.
Formerly, the acceptance period was set to finish on May 25, 2022. It was prolonged in order to allow all shareholders to accept NeoGames’ offer. The offer consists of a cash payment of SEK111 per share for half of all Aspire Global shares and an equity consideration of 7.6 million newly issued NeoGames shares for the other 50%.
The shareholders, on the other hand, will be unable to revoke their approval after it has been filed. NeoGames further said that the acceptance period will not be extended again, and that any acceptances received after the new deadline will be rejected.
On May 25, nearly 45 million Aspire Global shares were given in the offer, accounting for 98.2 percent of the company’s stock. The offer has now been approved to the point that NeoGames now owns 90% or more of Aspire Global’s total outstanding shares. Consequently, the offer has now been deemed unconditional, as it satisfies the criteria of a minimum acceptance rate of 90%.
On the 14th of June, these shares will be settled — that is, cash will be paid out in exchange for the shares. The settlement for shares purchased between May 25 and June 14 will be held on June 30.
NeoGames also said that it had gained regulatory licenses from the Gibraltar Gambling Commission and the North Macedonia Competition Authority, indicating that all of the offer’s prerequisites had been satisfied.
However, before the acceptance period ends, Aspire Global must expedite its present incentive programs, which means that all outstanding options, warrants, and options issued must be converted into no more than 828,094 shares.
Who is Aspire Global?
Founded in 2005, Aspire Global has been offering its partners an all-inclusive, exhaustive iGaming solution package. This encompasses sportsbook, propriety games, game aggregation and of course, online casinos. If you’re looking for the latest no deposit bonus codes, you’re bound to come across a provider that has used this trailblazing company’s cutting – edge services.
An Intro to NeoGames and Some of their Most Popular Games Yet
NeoGames is one of the pioneers of iLottery solutions across the world. They offer their services to official lottery games conducted by state and national entities worldwide. On their website, NeoGames states that their mission is to become the lottery partner for choice in the long haul for some of the biggest lotteries on the planet. NeoGames specializes in helping lottery game providers take their games online.
Clients of NeoGames are armed with tools that facilitate successful iLottery transformations from land-based lottery games. The solution NeoGames provides is multi-dimensional and includes various industry leading omnichannel platforms along with a collection of interactive online games. The package also includes business and technology-oriented services and tools.
NeoGames is a publicly traded company. It is traded on Nasdaq under the symbol NGMS. NeoGames has been around for 15 years now and they claim to be leaders in empowering the digital transformation of their clients.
Let’s take a closer look at some of NeoGames’ most popular interactive games till date.
Fortunes of Cleopatra
Fortunes of Cleopatra is one of NeoGames’ most famous slot machines. The protagonist of the game, as the name suggests, is the beautiful Cleopatra. This is not just one of NeoGames’ most popular slots, but also one of its latest slots. It was released in early 2022.
The ancient Egyptian theme is always a hit with players. The reels are set against a backdrop of beautiful blue skies that are dominated by the towering pyramids. There are 5 reels and 3 rows. There are no fixed paylines, instead multiple identical symbols anywhere on the reels will result in wins of some sort.
The slot is a good for both conservative players and high rollers. You can bet as little as 0.50 coins per spin or as much as 10 coins per spin. Any time you land 5 or more matching symbols, you are paid handsomely.
The wild symbols can be used as a substitute for any regular symbol and result in wins. If you land 3 golden serpent symbols, the bonus round is triggered. In the bonus round, players need to match three identical tiles and can win by doing so.
Mayan Saga is not just a slot game. It is an adventure in its own right. This game is set in the thick of the Amazon rainforests. You basically unravel the mysteries of the Mayan civilization as you go on.
There are multiple winning combinations. Adding to the excitement are expanding boards. Can you leverage these special features to unlock the Mayan Fortune? In order to win, you need to land at least 3 matching symbols on the reels in a spin. Landing the torch symbols will result in 5 extra reveals.
If you get lucky enough to solve the puzzle of the golden shields, the entire reel set will transform and get bigger right in front of your eyes. If you love a thrilling adventure where you uncover deep secrets from glorious past civilizations, Mayan saga is the slot for you!