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Tuesday, 12/12/2023 3:05:39 AM

Tuesday, December 12, 2023 3:05:39 AM

Post# of 5028
EBET has filed a lawsuit against (Nasdaq: NGMS) which is a $937 Million dollar market cap company! correct me if I am wrong , but it looks like NGMS had acquired Aspire Global back in June of 2022 - and EBET is suing Aspire Global from the Dec 1 filing here-

https://www.aspireglobal.com/exercise-of-squeeze-out-rights-by-neogames-s-a-in-terms-of-the-articles-of-association-of-aspire-global-p-l-c/


https://www.sec.gov/ix?doc=/Archives/edgar/data/1829966/000168316823008600/ebet_8k.htm


So new twist - How will NGMS respond? Settlement $$ coming to EBET $70mil? Settle for less out of court?

NGMS has the MarketCap of $$$$ to just buy them out!

Perhaps Houlihan Lokey plan is starting to show , sue NGMS (Aspire Global) first steps we are seeing here poking them lol

Also good to see EBET got Uplisted to the OTCQB off the pinks!
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