# EDGAR Filing Document

**Accession Number:** 0001799332
**File Stem:** 0001493152-23-008312
**Filing Date:** 2023-3
**Character Count:** 5290
**Document Hash:** a37f2811ba8870680b69c0d894bf7c81
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001493152-23-008312.hdr.sgml**: 20230320

**ACCESSION NUMBER**: 0001493152-23-008312

**CONFORMED SUBMISSION TYPE**: 3

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20230309

**FILED AS OF DATE**: 20230320

**DATE AS OF CHANGE**: 20230320

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Gardali Giuseppe
- **CENTRAL INDEX KEY:** 0001964557

**FILING VALUES:**
- **FORM TYPE:** 3
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-39274
- **FILM NUMBER:** 23747650

**MAIL ADDRESS:**
- **STREET 1:** 400 SPECTRUM CENTER DRIVE
- **STREET 2:** SUITE 1900
- **CITY:** IRVINE
- **STATE:** CA
- **ZIP:** 92618
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GAN Ltd
- **CENTRAL INDEX KEY:** 0001799332
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370]
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** D0
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 400 SPECTRUM CENTER DRIVE, SUITE 1900
- **CITY:** IRVINE
- **STATE:** CA
- **ZIP:** 92618
- **BUSINESS PHONE:** 702-964-5777

**MAIL ADDRESS:**
- **STREET 1:** 400 SPECTRUM CENTER DRIVE, SUITE 1900
- **CITY:** IRVINE
- **STATE:** CA
- **ZIP:** 92618

## Ex-24

**Exhibit 24**

![](ex24_001.jpg)

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

## FORM 3

### INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Gardali Giuseppe<br><sub>(Last) (First) (Middle)</sub><br>C/O GAN LIMITED<br>400 SPECTRUM CENTER DRIVE SUITE 1900<br><sub>(Street)</sub><br>IRVINE,, CA 92618<br><sub>(City) (State) (Zip)</sub> | **3. Issuer Name and Ticker or Trading Symbol**<br>GAN Ltd [ GAN ] | **5. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  |
| **2. Date of Event Requiring Statement (Month/Day/Year)**<br>2023-03-09 | **4. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director   [ ] 10% Owner<br>[X] Officer (give title below)   [ ] Other (specify below)<br>_President, B2B_ | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities Beneficially Owned

---

|  |  |  |  |
| --- | --- | --- | --- |
| 1. Title of Security | 2. Amount of Securities Beneficially Owned | 3. Ownership Form | 4. Nature of Indirect Beneficial Ownership |
| Ordinary Shares | 41075 | D |  |

---

## Table II - Derivative Securities Beneficially Owned

---

|  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Underlying Securities | 3. Title and Amount of Underlying Securities | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
| Employee Stock Option (right to buy) | <sup>(1)</sup> | 2029-10-10 | Ordinary Shares | 93750 | $3.6623 | D |  |
| Employee Stock Option (right to buy) | <sup>(2)</sup> | 2030-07-11 | Ordinary Shares | 35000 | $25.69 | D |  |
| Employee Stock Option (right to buy) | <sup>(2)</sup> | 2031-02-26 | Ordinary Shares | 22500 | $25.33 | D |  |
| Restricted Stock Units | <sup>(3)</sup> | <sup>(3)</sup> | Ordinary Shares | 24127 | $0 | D |  |

---

### Footnotes:

(1) The option was granted on October 10, 2019, and is fully vested.

(2) The option to purchase 35,000 shares was granted on July 11, 2020 and the option to purchase 22,500 shares was granted on February 26, 2021. 25% of the shares of Common Stock underlying the stock options vest on the one year anniversary of the grant date. The remaining 75% of the shares of Common Stock underlying the stock options vest and become exercisable in equal monthly installments over the next 36 months.

(3) The RSU's were originally granted on March 11, 2022 and vest 25% on each of the first four anniversaries of the grant date.

**Remarks:**
Exhibit 24, Power of Attorney, is attached.

**Signature:** /s/ Jeffrey H. Kuras, Attorney-in-Fact  
**Date:** 2023-03-20

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**