LAS VEGAS, March 18, 2019 /PRNewswire/ -- AGS
(NYSE:AGS) (or the "Company"), today announced the commencement of
a secondary public offering of 4,000,000 shares of the Company's
common stock, par value $0.01, by
Apollo Gaming Holdings, L.P. (the "Selling Stockholder"). The
Company is not selling any shares of common stock and will not
receive any proceeds from the offering.
Morgan Stanley and Jefferies are acting as underwriters for the
offering. The offering will be made only by means of a
preliminary prospectus supplement and accompanying base prospectus
related to the offering, copies of which, when available, may be
obtained from Morgan Stanley & Co. LLC - Attn: Prospectus
Department - 180 Varick Street, 2nd Floor - New York, NY 10014; Jefferies LLC, Attention:
Prospectus Department, 520 Madison Avenue, 2nd Floor, New York, NY 10022, by calling 1-877-821-7388,
or by e-mailing Prospectus_Department@Jefferies.com.
This press release does not constitute an offer to sell or a
solicitation of an offer to buy the securities described herein,
and there shall not be any sale of these securities in any state or
other jurisdiction in which such an offer, solicitation, or sale
would be unlawful prior to registration or qualification under the
securities laws of any such jurisdiction. A shelf registration
statement relating to the offering of the common stock was filed
with the U.S. Securities and Exchange Commission and is
effective.
About AGS
AGS is a global company focused on creating a diverse mix of
entertaining gaming experiences for every kind of player. Our roots
are firmly planted in the Class II Native American gaming market,
but our customer-centric culture and growth have helped us branch
out to become a leading all-inclusive commercial gaming supplier.
Powered by high-performing Class II and Class III slot products, an
expansive table products portfolio, real-money gaming platforms and
content, highly rated social casino solutions for operators and
players, and best-in-class service, we offer an unmatched value
proposition for our casino partners. Learn more
at www.playags.com.
###
AGS Media & Investor Contacts
Julia Boguslawski, Chief
Marketing Officer & Executive Vice President of Investor
Relations
jboguslawski@PlayAGS.com
Steven Kopjo, Director of
Investor Relations
skopjo@PlayAGS.com
©2019 PlayAGS, Inc. All® notices signify marks
registered in the United States. All ™ and ℠
notices signify unregistered trademarks. Products referenced
herein are sold by AGS LLC or other subsidiaries of PlayAGS,
Inc.
Forward-Looking and Cautionary Language
This press release contains, and oral statements made from time
to time by our representatives may contain, forward-looking
statements based on management's current expectations and
projections, which are intended to qualify for the safe harbor of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended.
Forward-looking statements include statements regarding the
proposed public offering and other statements identified by words
such as "believe," "will," "may," "might," "likely," "expect,"
"anticipates," "intends," "plans," "seeks," "estimates,"
"believes," "continues," "projects" and similar references to
future periods, or by the inclusion of forecasts or
projections. All forward-looking statements are based
on current expectations and projections of future events.
These forward-looking statements reflect the current views,
models, and assumptions of AGS, and are subject to various risks
and uncertainties that cannot be predicted or qualified and could
cause actual results in AGS's performance to differ materially from
those expressed or implied by such forward looking
statements. These risks and uncertainties include, but are
not limited to, the ability of AGS to maintain strategic alliances,
unit placements or installations, grow revenue, garner new market
share, secure new licenses in new jurisdictions, successfully
develop or place proprietary product, comply with regulations, have
its games approved by relevant jurisdictions and other factors set
forth under "Risk Factors" in the prospectus supplement on Form
424(b)(1), filed with the Securities and Exchange Commission on
March 18, 2019. All
forward-looking statements made herein are expressly qualified in
their entirety by these cautionary statements and there can be no
assurance that the actual results, events or developments
referenced herein will occur or be realized. Readers are
cautioned that all forward-looking statements speak only to the
facts and circumstances present as of the date of this press
release. PlayAGS expressly disclaims any obligation to update
or revise any forward-looking statements, whether as a result of
new information, future events or otherwise.
View original content to download
multimedia:http://www.prnewswire.com/news-releases/ags-announces-secondary-public-offering-of-common-stock-300814252.html
SOURCE AGS