[6-K] Codere Online Luxembourg, S.A. Warrants Current Report (Foreign Issuer)

Rhea-AI Filing Summary

Codere Online Luxembourg, S.A. reported that its Chief Financial Officer, Oscar Iglesias, notified the company on August 28, 2025 that he will step down from his CFO role for personal reasons, effective upon the earlier of the completion of an orderly transition to his successor or December 31, 2025. The filing states the departure is voluntary and not due to any disagreement with the company, the board, or management. Subject to shareholder approval, the Board intends to appoint Mr. Iglesias to the companys Board of Directors, where he previously served from 2021 to 2023. A press release dated September 2, 2025 is furnished as Exhibit 99.1.

Positive

• Voluntary, orderly transition announced which reduces uncertainty about abrupt leadership change.
• Proposed board appointment preserves Mr. Iglesias institutional knowledge by moving him to the Board, subject to shareholder approval.
• Explicit statement of no disagreement with management or the Board, lowering governance risk signals in the notice.

Negative

• No successor named or timeline for appointment disclosed in the filing, leaving a gap in near-term succession clarity.
• No information on interim arrangements or potential impacts on financial reporting or controls during the transition period.

Insights

Corporate Governance Expert

TL;DR Voluntary CFO transition with proposed board appointment suggests continuity in finance leadership and governance; impact appears neutral.

The filing describes a planned, orderly CFO transition announced by Oscar Iglesias, explicitly stating the stepdown is voluntary and not due to disputes with management or the Board. The company also intends, subject to shareholder approval, to appoint him to the Board, which may preserve institutional knowledge and maintain continuity between management and the boardroom. For governance stakeholders, the key points are the voluntary nature of the change, the defined transition window through December 31, 2025, and the forthcoming shareholder vote for a board seat. There is no disclosure of successor timing, compensation changes, or material financial impact.

Financial Analyst

TL;DR No financial figures disclosed; operational impact appears limited and non-material based on this filing.

The report furnishes a routine management transition notice without earnings, cash flow, debt, or transaction details. From an investor-analysis perspective, absence of disagreement language reduces immediate governance concerns. The planned board appointment could indicate retention of experience and aid strategic continuity, but the filing does not provide timing for successor appointment or indicate any interim operational changes. Impact on valuation or near-term financials is not presented in this document.

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of September 2025

Commission File Number: 001-41107

Codere Online Luxembourg, S.A.
(Translation of registrant's name into English)

7 rue Robert Stümper
L-2557 Luxembourg,
Grand Duchy of Luxembourg
(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒     Form 40-F ☐

Codere Online Luxembourg, S.A.  

Explanatory note

Chief Financial Officer Transition and Appointment to Board

On August 28, 2025, Oscar Iglesias, the Chief Financial Officer of Codere Online Luxembourg, S.A. (the “Company”), notified the Company of his decision to step down from his role at the Company for personal reasons, effective upon the earlier of the completion of an orderly transition to his successor or December 31, 2025.

In connection with the transition, subject to shareholder approval, the Company’s Board of Directors (the “Board”) shall appoint Mr. Iglesias to the Board, where he formerly served between 2021 and 2023.

Mr. Iglesias’ decision to step down from his role at the Company is voluntary and not due to any disagreement with the Company, the Board, or management on any matter relating to the Company’s operations, policies or practices.

A press release regarding Mr. Iglesias’ transition is furnished as Exhibit 99.1 to this Report on Form 6-K.

The information in the attached Exhibit 99.1 is being furnished and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference in any filing made by the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as otherwise set forth herein or as shall be expressly set forth by specific reference in such a filing.

EXHIBIT INDEX 

Exhibit		Description of Exhibit
99.1		Press release dated September 2, 2025

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	Codere Online Luxembourg, S.A.
	(Registrant)
Date: September 2, 2025	By:	/s/ Oscar Iglesias
	Name:	Oscar Iglesias
	Title:	Chief Financial Officer

FAQ

What did Codere Online (CDROW) announce about its CFO on the 6-K?

The company announced that Oscar Iglesias will step down as CFO, effective upon an orderly transition or December 31, 2025, and may be appointed to the Board subject to shareholder approval.

Is Oscar Iglesias leaving due to disagreements with Codere Online?

No. The filing states the decision is voluntary and not due to any disagreement with the company, the Board, or management regarding operations, policies, or practices.

Will Oscar Iglesias immediately join the Board after stepping down as CFO?

Not immediately. The filing says the Board will appoint him to the Board subject to shareholder approval; timing depends on that approval process.

Does the 6-K disclose the new CFO or interim leadership for CDROW?

No. The filing does not name a successor or describe interim leadership arrangements.

Does the filing include any financial impact or changes to compensation?

No. The document contains no financial figures, compensation details, or statements about material financial impact.