Company: LAWIL
Filing Date: 2025-02-18
Form Type: 8-K
Source: 0001104659-25-014535
Chunk: 0

Company: Light & Wonder, Inc.
Filing Date: 2025-02-18
Form: 8-K
Item: Item 1.01
Chunk 0
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Item 1.01. Entry into a Material Definitive
Agreement.

Asset Purchase Agreement

On February 17, 2025,
LNW Gaming, Inc., a Nevada corporation (“ Buyer”), and wholly owned subsidiary of Light & Wonder, Inc.,
a Nevada corporation (the “ Company”), entered into an Asset Purchase Agreement (the “ Purchase Agreement”)
by and among Grover Gaming, Inc., a North Carolina corporation (“ Gaming”), G2 Gaming, Inc., a North Carolina
corporation (together with Gaming, “ Sellers”), and Buyer. Pursuant to the terms and subject to the conditions set
forth in the Purchase Agreement, Buyer has agreed to acquire and assume from Sellers certain assets and related liabilities constituting
Sellers’ charitable gaming business (such business, the “Business” and, such transaction, the “ Transaction”).