Allwyn and CRHC business combination declared effective by SEC

Allwyn Entertainment’s registration statement on Form F-4, in connection with its previously announced proposed business combination with Cohn Robbins Holdings Corp
Allwyn and CRHC business combination declared effective by SEC

Allwyn Entertainment’s registration financial statement on Form F-4, in connectedness with its previously announced proposed business organization combination with Ferdinand Julius Cohn Jerome Robbins Holdings Corp. (CRHC), has been stated in effect(p) past the US Securities and Exchange Commission (SEC).

The drawing operator has advised CRHC shareholders to “read the enrollment statement and all other relevant documents filed or that testament live filed with the SEC in connector with the business organization compounding before making any voting or investment funds decision.”

CRHC has announced a coming together engagement of 7 September 2022 for its over-the-top full general coming together to sanction the business concern combination, with the closure of the stage business combining theme to favorable reception past CRHC’s shareholders, and the “satisfaction or waiver of other customary closure conditions.”

Upon closing, the combined keep company is expected to follow listed on the New York Stock Exchange with its Class group B ordinary shares and warrants under the new stock ticker symbols ALWN and ALWN.WS.

The CRHC get on of directors has recommended that all shareholders ballot inwards favour of all proposals in set ahead of the meeting.

“CRHC believes the worldwide lottery industry has attractive characteristics, including richly consumer participation crosswise wide-cut demographics, resiliency through market place cycles and upside possible from increasing online penetration,” a financial statement from the aggroup read.

“Allwyn is a leader inwards the $300bn world-wide lottery industry, operating lotteries through and through both retail and online channels inward multiple European countries, including Austria, the Czech Republic, Greece, Cyprus and Italy.”

Allwyn was lately selected past the UK Gambling Commission as the preferred applier inward the contention for the 4th licence to run the UK National Lottery, following almost 30 years of Camelot as the licensee.