Galaxy Gaming Merger Termination with Evolution Malta

Galaxy Gaming, Inc. announced that Evolution Malta Holding Limited terminated the previously announced merger agreement dated July 18, 2024. The termination occurred on July 21, 2026, and according to the Merger Agreement terms, Evolution is required to pay Galaxy a termination fee of $5,234,678 within two business days. The company expressed disappointment but emphasized its commitment to independent growth and maintaining its relationship with Evolution as a valued partner. Galaxy Gaming develops and distributes casino table games and technology to physical and online casinos worldwide, with 131 licenses globally including 28 U.S. states. The filing includes forward-looking statements about potential risks including business disruption, customer relationship impacts, unexpected costs, stockholder litigation, and stock price effects from the termination.