Business Wire·Nov 12, 2026, 7:00 AM ET

PLAYSTUDIOS, Inc. Commences a Modified Dutch Auction Tender Offer to Repurchase up to $15,000,000 of Its Class A Common Stock

MYPS

PLAYSTUDIOS, Inc. has initiated a modified Dutch auction tender offer to repurchase up to $15,000,000 of its Class A common stock.
The purchase price range for the tender offer is set between $4.30 & $5.50 per share, excluding withholding taxes.
The tender offer expires at 12:00 midnight New York City time on December 10, 2026, unless extended or terminated.
If fully subscribed, the company expects to buy between 2,727,273 & 3,488,372 shares, representing approximately 27.1% to 34.6% of outstanding stock as of November 11, 2026.
The company retains the right to purchase an additional 2% of outstanding shares without extending the offer expiration date.
Shareholders may tender shares at prices within the specified range in $0.10 increments, with a single purchase price determined based on total shares tendered.
All purchased shares will be bought at the same final price, regardless of the individual price specified by the tendering shareholder.
No minimum number of shares is required for the tender offer, & it is not contingent on financing conditions.
None of the company's directors or executive officers intend to tender their shares in this offer.
Citizens JMP Securities, LLC serves as the dealer manager, Georgeson LLC acts as the information agent, & Continental Stock Transfer & Trust Company is the depositary.
The board of directors has authorized the offer but is not recommending whether shareholders should tender or refrain from tendering shares.
Official documents including the Offer to Purchase & Letter of Transmittal are being mailed to registered holders, with beneficial owners receiving materials via their brokers.