Welcome to our dedicated page for Galaxy Gaming SEC filings (Ticker: GLXZ), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Galaxy Gaming, Inc. filings document material-event disclosures for a Nevada operating company with GLXZ common stock quoted on the OTCQB Marketplace. The filing record includes Form 8-K reports covering material definitive agreements, Regulation FD disclosures, capital-structure information, and regulatory disclosure categories.
Company filings identify GLXZ's common stock as $0.001 par value and note that no securities are registered under Section 12(b) of the Exchange Act. The disclosures also record corporate agreements and amendments that affect the issuer's governance, transaction, and capital-structure profile.
Galaxy Gaming, Inc. Schedule 13G reports that Cannell Capital LLC (and related reporting person J. Carlo Cannell) beneficially owns 1,312,738 shares of common stock, representing 5.2% of the class. The filing shows shared voting and shared dispositive power over the same 1,312,738 shares.
The filing is signed by Cannell and countersigned by the company CFO, and provides the reporting party's Wyoming address and the CUSIP 36318P105.
Galaxy Gaming, Inc. reports Q1 2026 results and provides an update on its pending cash merger with Evolution Malta Holding Limited. Revenue was $7.66 million, down 1.6% from $7.78 million a year earlier, as higher recurring license fees were offset by lower perpetual progressive system sales.
The company generated net income of $1.37 million, compared with a net loss of $2.02 million in Q1 2025, helped by lower interest expense and the absence of prior-year debt extinguishment costs. Adjusted EBITDA rose slightly to $3.25 million from $3.14 million. Cash and cash equivalents were $4.85 million, and operating activities provided $2.54 million of cash in the quarter.
Core land-based revenue was $4.78 million, while digital revenue grew to $2.88 million, supported by international expansion and branded content. Long-term debt under the BMO credit agreement totaled $38.46 million net of issuance costs, with maturity in 2028. The agreed all-cash merger at $3.20 per share remains subject to gaming regulatory approvals and other closing conditions, with an amended outside date of July 17, 2026.
Galaxy Gaming, Inc. reported annual licensing revenue of $30.9 million for the year ended December 31, 2025, down slightly from 2024 as lower perpetual system sales offset growth in digital licensing. Cost controls and sharply lower interest expense helped swing results to a net profit of $1.5 million after a loss in the prior year. Adjusted EBITDA was $13.3 million, reflecting the high-margin, recurring nature of its table game and iGaming content. During 2025 the company refinanced its Fortress debt with a new $45 million term loan from BMO, reducing ongoing interest costs but using cash and increasing current debt maturities. Galaxy is also in the process of being acquired by Evolution Malta Holding Limited for $3.20 per share in cash, subject to remaining gaming regulatory approvals, with an outside closing date of July 17, 2026.
Galaxy Gaming, Inc. filed an update on its planned merger with Evolution Malta Holding Limited. Under a July 18, 2024 Merger Agreement, a subsidiary of Evolution will merge into Galaxy, leaving Galaxy as a wholly owned subsidiary of Evolution.
The company reiterates that if the merger is not completed by July 17, 2026, either party may terminate the agreement. Galaxy and Evolution remain actively engaged with gaming regulators to satisfy required gaming regulatory approvals, and Galaxy currently anticipates closing the transaction before the outside date, subject to satisfaction of this gaming approval condition.
The filing also highlights numerous risks typical for such transactions, including potential delays, termination of the agreement, operational disruption, retention of key personnel, customer relationships, additional costs, litigation risk, and possible effects on Galaxy’s stock price related to the proposed merger.
Galaxy Gaming, Inc. director Bryan W. Waters reported an indirect purchase of company stock. On 12/31/2025, a family trust named the Bryan and Karen Waters Family Trust acquired 4,535 shares of Galaxy Gaming common stock at a price of $2.85 per share. After this transaction, the trust beneficially owned 616,410 shares of Galaxy Gaming common stock in total, reported as indirect ownership.
Galaxy Gaming, Inc. director reports stock purchase
A director of Galaxy Gaming, Inc. reported buying 6,046 shares of common stock on 12/31/2025 at a price of $2.85 per share. After this transaction, the director beneficially owns 2,031,330 shares of Galaxy Gaming common stock in direct ownership. This filing is a routine disclosure required for insiders who buy or sell company stock.
Galaxy Gaming, Inc. director Cheryl A. Kondra reported a purchase of company stock. On 12/31/2025, she acquired 5,291 shares of Galaxy Gaming common stock at a price of $2.85 per share. After this transaction, she beneficially owns 177,280 shares of Galaxy Gaming common stock in direct ownership. This filing is a standard insider transaction report that shows how many shares a company director owns and any recent change in that ownership.
Galaxy Gaming, Inc. director Meredith B. Brill reported acquiring additional company stock. On 12/31/2025, she acquired 4,535 shares of common stock at $2.85 per share in a transaction coded “A,” indicating an acquisition such as an award or grant. Following this transaction, she beneficially owns 146,602 common shares directly and 275,000 common shares indirectly through a company of which she is a beneficial owner. The filing is made by a single reporting person and notes an option for use of a Rule 10b5-1 trading plan checkbox, although the excerpt does not indicate it is checked.
Galaxy Gaming, Inc. reports that it has amended its previously announced merger agreement with Evolution Malta Holding Limited and Galaga Merger Sub, Inc. Under the existing deal, Galaga Merger Sub will merge into Galaxy, and Galaxy will continue as a wholly owned subsidiary of Evolution.
On November 24, 2025, the parties signed Amendment No. 1 to the merger agreement, extending the transaction’s outside date from January 18, 2026 to July 17, 2026. This gives the companies additional time for closing conditions and approvals to be satisfied while keeping the overall merger structure in place. The amendment itself and a joint press release dated November 25, 2025 are included as exhibits for reference.
Galaxy Gaming (GLXZ) filed its Q3 2025 10‑Q, reporting total revenue of $7,325,142 and net income of $1,039,139, a turnaround from a loss a year ago. Operating income was $1,903,652, supported by lower selling, general and administrative costs and reduced interest expense after refinancing.
Digital revenue grew, while perpetual license sales declined on timing. Year‑to‑date revenue was $22,637,766 with a small net loss of $31,786, reflecting a $2,969,585 debt extinguishment loss from replacing Fortress debt with a new $45,000,000 BMO term loan. Cash was $3,334,579; gross long‑term debt was $40,422,767 ($40,187,500 BMO term loan and $235,267 insurance notes). Stockholders’ deficit stood at $(19,063,715).
The company reaffirmed its merger agreement with Evolution at $3.20 per share. All conditions were met as of October 18, 2025 except gaming approvals, automatically extending the outside date to January 18, 2026. Galaxy anticipates regulatory consideration in December 2025 and, subject to approvals and all conditions, closing prior to year‑end 2025.