2023-11-08 09:28:39 ET
A California-based %Software company is stealing the show so far on Wednesday after it was announced that the company will be acquired by Sega Sammy Creation at $1.97/share in an all cash deal.
Seeing that this stock closed at just $0.8999/share yesterday, it’s no wonder that shares of %GANLimited (Nasdaq: GAN) are being aggressively bid up premarket, with traders currently willing to buy the micro cap at $1.74/share (+93.35% implied open for sellers) a the time of writing. It should be an exciting session to watch!
GAN Ltd provides Software-as-a-Service solutions for online casino gaming and sports betting applications. The company segments include Real money iGaming operations and Simulated iGaming operations. The customers of the company include large regional operators and individual tribal casino operators.