NeoGames has filed its annual report on Form 20-F with the US Securities and Exchange Commission (SEC). The report is for the fiscal year that ended December 31, 2022.
NeoGames’ form contains the company’s audited financial statements. The group said regarding the document: “The company will provide a hard copy of its annual report on Form 20-F, including its complete audited financial statements, free of charge, to its shareholders upon request.”
The annual report is currently accessible both through the SEC’s website and on NeoGames’ investor relationship website.
NeoGames is a technology-driven iGaming and iLottery solutions provider. The group recently acquired Aspire Global Group, which has enhanced the company’s iGaming portfolio.
To date, NeoGames has signed 12 deals through Pariplay to provide games and content aggregation. Among those partnership were agreements with BetMGM to launch in Michigan and New Jersey, as well as a deal with DraftKings. The group recently collaborated with Caesars Entertainment to launch a batch of titles through Caesars Sportsbook & Casino.
In other recent NeoGames news, the company received a notice of deficiency from Nasdaq because of a citation for non-compliance. Nasdaq cited the company because of Lisbeth McNabb’s previously announced departure from the group’s audit committee and Board of Directors.
McNabb’s vacancy resulted in NeoGames’ lack of compliance with Nasdaq Listing Rule 5605. The rule requires that three members be present on the company’s audit committee.
In addition to the citation, the notice informed the company that it has the right to a “cure period,” which allows NeoGames time to come back into compliance per the Nasdaq Listing Rule. The extension will be in effect until no later than October 18, 2023.
