PlayAGS, Inc.’s $102 Million Secondary Offering


Cahill represented the underwriters in connection with a secondary offering of 4,000,000 shares of common stock of PlayAGS, Inc. priced at $25.50 per share (NYSE: AGS), resulting in gross proceeds of $102,000,000.

Morgan Stanley and Jefferies acted as underwriters on the offering.

PlayAGS, Inc. did not sell any shares and did not receive any proceeds from the offering. PlayAGS is a leading designer and supplier of electronic gaming machines and other products and services for the gaming industry.

Cahill advised with a team including William M. Hartnett, Marc R. Lashbrook (Picture), Michael A. Sherman, Patrick Gordon, Christopher J. Guerin and Kostantinos V. Skordalos.

Involved fees earner: Patrick Gordon – Cahill Gordon & Reindel; Christopher Guerin – Cahill Gordon & Reindel; William Hartnett – Cahill Gordon & Reindel; Marc Lashbrook – Cahill Gordon & Reindel; Michael Sherman – Cahill Gordon & Reindel; Kostantinos Skordalos – Cahill Gordon & Reindel;

Law Firms: Cahill Gordon & Reindel;

Clients: Jefferies; Morgan Stanley;

Author: Ambrogio Visconti