AGÕæÈ˹ٷ½

STOCK TITAN

[Form 4] Full House Resorts, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Zimmer Biomet Holdings, Inc. ("Parent") and its wholly owned Honey Badger Merger Sub, Inc. ("Merger Sub") have filed a Schedule 13D disclosing their plan to acquire Monogram Technologies Inc. (MGRM) via a cash-and-CVR merger executed on 11 July 2025.

The Merger Agreement stipulates that each outstanding Monogram common share will be converted into (i) $4.04 in cash plus (ii) one contingent value right (CVR) that could deliver up to $12.37 in additional cash across five milestone payments, making the maximum potential consideration $16.41 per share. Series D and Series E preferred shares will be redeemed for $2.25 (plus accrued dividends) and $100.00 per share, respectively.

To secure stockholder approval, the Parent entered into separate Voting Agreements with four key holders—Pro-Dex, Benjamin Sexson, Douglas Unis and Kamran Shamaei—covering 9,754,256 common shares, or 27 % of shares outstanding. No cash changed hands; the agreements only obligate these holders to vote in favor of the transaction and against competing proposals.

Completion of the merger is subject to customary conditions, including (1) majority shareholder approval, (2) HSR clearance, (3) absence of legal restraints, and (4) no material adverse effect on Monogram. Either party may terminate if closing has not occurred by 11 January 2026 (extendable three months for regulatory delay). A $11 million termination fee is payable by Monogram under certain circumstances, including acceptance of a superior offer.

Should the deal close, Monogram will become a wholly owned subsidiary of Zimmer Biomet, adding the target’s robotic and digital orthopedic portfolio to Parent’s global med-tech platform. Investors must weigh the guaranteed $4.04 cash component against the uncertain CVR payouts, the regulatory timeline, and the break-fee/termination provisions.

Zimmer Biomet Holdings, Inc. ("Società madre") e la sua controllata al 100% Honey Badger Merger Sub, Inc. ("Merger Sub") hanno presentato un Schedule 13D per comunicare il loro piano di acquisire Monogram Technologies Inc. (MGRM) tramite una fusione in contanti e con diritti contingenti (CVR) eseguita l'11 luglio 2025.

Il Contratto di Fusione prevede che ogni azione ordinaria Monogram in circolazione venga convertita in (i) 4,04 $ in contanti più (ii) un diritto di valore contingente (CVR) che potrebbe erogare fino a 12,37 $ aggiuntivi in contanti distribuiti in cinque tranche legate a milestone, per un valore massimo potenziale di 16,41 $ per azione. Le azioni privilegiate di serie D ed E saranno riscattate rispettivamente a 2,25 $ (più dividendi maturati) e 100,00 $ per azione.

Per ottenere l'approvazione degli azionisti, la Società madre ha stipulato accordi di voto separati con quattro azionisti chiave—Pro-Dex, Benjamin Sexson, Douglas Unis e Kamran Shamaei—che rappresentano 9.754.256 azioni ordinarie, pari al 27% del capitale sociale. Non sono stati effettuati pagamenti in contanti; tali accordi obbligano questi azionisti a votare a favore della transazione e contro eventuali proposte concorrenti.

Il completamento della fusione è soggetto a condizioni consuete, tra cui (1) l'approvazione della maggioranza degli azionisti, (2) l'autorizzazione HSR, (3) l'assenza di impedimenti legali e (4) nessun effetto negativo rilevante su Monogram. Ciascuna parte può recedere se la chiusura non avviene entro l'11 gennaio 2026 (prorogabile di tre mesi in caso di ritardi regolamentari). In determinate circostanze, inclusa l'accettazione di un'offerta superiore, Monogram dovrà pagare una penale di 11 milioni di dollari.

In caso di completamento, Monogram diventerà una controllata interamente posseduta da Zimmer Biomet, integrando il portafoglio robotico e digitale ortopedico del target nella piattaforma med-tech globale della Società madre. Gli investitori devono valutare la componente in contanti garantita di 4,04 $ rispetto agli incerti pagamenti CVR, ai tempi regolamentari e alle clausole di penale e recesso.

Zimmer Biomet Holdings, Inc. ("Matriz") y su subsidiaria totalmente propiedad, Honey Badger Merger Sub, Inc. ("Merger Sub"), han presentado un Schedule 13D revelando su plan para adquirir Monogram Technologies Inc. (MGRM) mediante una fusión en efectivo y con derechos contingentes (CVR) ejecutada el 11 de julio de 2025.

El Acuerdo de Fusión establece que cada acción común en circulación de Monogram será convertida en (i) $4.04 en efectivo más (ii) un derecho de valor contingente (CVR) que podría entregar hasta $12.37 adicionales en efectivo a lo largo de cinco pagos por hitos, haciendo la consideración máxima potencial $16.41 por acción. Las acciones preferentes Series D y Series E serán redimidas por $2.25 (más dividendos acumulados) y $100.00 por acción, respectivamente.

Para asegurar la aprobación de los accionistas, la Matriz firmó acuerdos de voto separados con cuatro accionistas clave—Pro-Dex, Benjamin Sexson, Douglas Unis y Kamran Shamaei—que representan 9,754,256 acciones comunes, o el 27% de las acciones en circulación. No hubo intercambio de efectivo; los acuerdos solo obligan a estos accionistas a votar a favor de la transacción y en contra de propuestas competidoras.

La finalización de la fusión está sujeta a condiciones habituales, incluyendo (1) aprobación mayoritaria de accionistas, (2) aprobación HSR, (3) ausencia de restricciones legales y (4) ninguna afectación material adversa a Monogram. Cualquiera de las partes puede rescindir si el cierre no ocurre antes del 11 de enero de 2026 (prorrogable tres meses por retrasos regulatorios). Monogram deberá pagar una tarifa de terminación de $11 millones bajo ciertas circunstancias, incluyendo la aceptación de una oferta superior.

Si la operación se concreta, Monogram se convertirá en una subsidiaria totalmente propiedad de Zimmer Biomet, sumando la cartera robótica y ortopédica digital del objetivo a la plataforma global de tecnología médica de la Matriz. Los inversores deben sopesar el componente en efectivo garantizado de $4.04 frente a los incertos pagos CVR, el calendario regulatorio y las disposiciones de tarifa de terminación y rescisión.

Zimmer Biomet Holdings, Inc.("모회ì‚�")와 ê·� ì „ì•¡ ì¶œìž ìžíšŒì‚¬ì¸ Honey Badger Merger Sub, Inc.("합병 ìžíšŒì‚�")ëŠ� 2025ë…� 7ì›� 11ì� 현금 ë°� CVR(ì¡°ê±´ë¶€ ê°€ì¹� 권리) 합병ì� 통해 Monogram Technologies Inc.(MGRM)ë¥� ì¸ìˆ˜í•� 계íšì� 공개하는 Schedule 13Dë¥� 제출했습니다.

합병 계약ì„�ì—� 따르ë©�, Monogramì� 모든 보통주는 (i) 주당 4.04달러 현금ê³� (ii) 5ê°œì˜ ë§ˆì¼ìŠ¤í†¤ ì§€ê¸‰ì„ í†µí•´ 최대 12.37달러ë¥� 추가ë¡� ë°›ì„ ìˆ� 있는 ì¡°ê±´ë¶€ ê°€ì¹� 권리(CVR) 1ê°�ë¡� 전환ë˜ë©°, 주당 최대 잠재 대가 ê¸ˆì•¡ì€ 16.41달러입니ë‹�. D 시리ì¦� ë°� E 시리ì¦� 우선주는 ê°ê° 주당 2.25달러(ëˆ„ì  ë°°ë‹¹ê¸� í¬í•¨)와 100.00달러ì—� ìƒí™˜ë©ë‹ˆë‹�.

주주 승ì¸ì� 확보하기 위해 모회사는 Pro-Dex, Benjamin Sexson, Douglas Unis, Kamran Shamaei ë“� 4ëª…ì˜ ì£¼ìš” 주주와 별ë„ì� 투표 계약ì� 체결했으ë©�, ì´ëŠ” ì´� 9,754,256ì£� 보통ì£�, ì¦� 발행 주ì‹ì� 27%ì—� 해당합니ë‹�. 현금 거래ëŠ� 없었으며, ì� ê³„ì•½ì€ ì´ë“¤ 주주가 거래ì—� 찬성하고 ê²½ìŸ ì œì•ˆì—� 반대하ë„ë¡� ì˜ë¬´í™”합니다.

합병 완료ëŠ� (1) 과반ìˆ� 주주 승ì¸, (2) HSR 승ì¸, (3) ë²•ì  ì œì•½ ë¶€ìž�, (4) Monogramì—� 대í•� 중대í•� ë¶€ì •ì  ì˜í–¥ ì—†ìŒ ë“±ì˜ ì¼ë°˜ì ì¸ ì¡°ê±´ì� 충족해야 합니ë‹�. ì–´ëŠ ìª½ì´ë“� 2026ë…� 1ì›� 11ì¼ê¹Œì§€ 거래가 완료ë˜ì§€ 않으ë©� 계약ì� í•´ì§€í•� ìˆ� 있으ë©�(규제 ì§€ì—� ì‹� 3개월 연장 ê°€ëŠ�), 특정 ìƒí™©ì—서ëŠ� Monogramì� 1,100ë§� 달러 í•´ì§€ 수수ë£�ë¥� 지불해ì•� 합니ë‹�. 여기ì—는 ë� ë‚˜ì€ ì œì•ˆì� 수ë½í•˜ëŠ” 경우ë� í¬í•¨ë©ë‹ˆë‹�.

거래가 완료ë˜ë©´ Monogramì€ Zimmer Biometì� ì „ì•¡ ì¶œìž ìžíšŒì‚¬ê°€ ë˜ì–´, 대ìƒ� 회사ì� 로봇 ë°� 디지í„� 정형외과 í¬íЏí´ë¦¬ì˜¤ê°€ ëª¨íšŒì‚¬ì˜ ê¸€ë¡œë²Œ ì˜ë£Œê¸°ê¸° 플랫í¼ì— 추가ë©ë‹ˆë‹�. 투ìžìžë“¤ì€ 보장ë� 4.04달러 현금 부분과 불확실한 CVR ì§€ê¸�, 규제 ì¼ì •, í•´ì§€ 수수ë£� ë°� 계약 í•´ì§€ ì¡°í•­ì� 신중íž� 고려해야 합니ë‹�.

Zimmer Biomet Holdings, Inc. ("Société mère") et sa filiale détenue à 100 %, Honey Badger Merger Sub, Inc. ("Filiale de fusion"), ont déposé un Schedule 13D révélant leur projet d'acquérir Monogram Technologies Inc. (MGRM) via une fusion en numéraire et avec droits conditionnels (CVR) réalisée le 11 juillet 2025.

L'Accord de fusion prévoit que chaque action ordinaire Monogram en circulation sera convertie en (i) 4,04 $ en numéraire plus (ii) un droit de valeur conditionnel (CVR) pouvant verser jusqu'à 12,37 $ supplémentaires en numéraire répartis sur cinq paiements liés à des jalons, portant la contrepartie maximale potentielle à 16,41 $ par action. Les actions préférentielles des séries D et E seront rachetées respectivement à 2,25 $ (plus dividendes courus) et 100,00 $ par action.

Pour obtenir l'approbation des actionnaires, la Société mère a conclu des accords de vote distincts avec quatre détenteurs clés � Pro-Dex, Benjamin Sexson, Douglas Unis et Kamran Shamaei � représentant 9 754 256 actions ordinaires, soit 27 % des actions en circulation. Aucun paiement en numéraire n'a eu lieu ; ces accords obligent uniquement ces détenteurs à voter en faveur de la transaction et contre toute proposition concurrente.

La réalisation de la fusion est soumise à des conditions habituelles, notamment (1) l'approbation majoritaire des actionnaires, (2) l'autorisation HSR, (3) l'absence de contraintes juridiques et (4) l'absence d'effet défavorable significatif sur Monogram. Chaque partie peut résilier si la clôture n'a pas eu lieu avant le 11 janvier 2026 (prolongation possible de trois mois en cas de retard réglementaire). Une indemnité de résiliation de 11 millions de dollars est due par Monogram dans certaines circonstances, y compris l'acceptation d'une offre supérieure.

En cas de clôture, Monogram deviendra une filiale en propriété exclusive de Zimmer Biomet, ajoutant le portefeuille robotique et orthopédique numérique de la cible à la plateforme mondiale de technologies médicales de la Société mère. Les investisseurs doivent évaluer la composante en numéraire garantie de 4,04 $ face aux incertains paiements CVR, au calendrier réglementaire et aux clauses d'indemnité et de résiliation.

Zimmer Biomet Holdings, Inc. ("Muttergesellschaft") und ihre hundertprozentige Tochtergesellschaft Honey Badger Merger Sub, Inc. ("Merger Sub") haben einen Schedule 13D eingereicht, in dem sie ihren Plan zur Übernahme von Monogram Technologies Inc. (MGRM) durch eine Bar- und CVR-Fusion bekannt geben, die am 11. Juli 2025 durchgeführt wurde.

Die Fusionsvereinbarung sieht vor, dass jede ausstehende Monogram-Stammaktie in (i) 4,04 $ in bar und (ii) ein bedingtes Wertrecht (CVR) umgewandelt wird, das bis zu 12,37 $ zusätzlich in fünf Meilensteinzahlungen auszahlen kann, was eine maximale potenzielle Gegenleistung von 16,41 $ pro Aktie ergibt. Die Vorzugsaktien der Serie D und E werden jeweils zu 2,25 $ (plus aufgelaufene Dividenden) und 100,00 $ pro Aktie eingelöst.

Um die Zustimmung der Aktionäre zu sichern, hat die Muttergesellschaft separate Stimmrechtsvereinbarungen mit vier wichtigen Anteilseignern � Pro-Dex, Benjamin Sexson, Douglas Unis und Kamran Shamaei � abgeschlossen, die 9.754.256 Stammaktien oder 27 % der ausstehenden Aktien abdecken. Es flossen keine Geldzahlungen; die Vereinbarungen verpflichten diese Anteilseigner lediglich, für die Transaktion zu stimmen und gegen konkurrierende Angebote.

Der Abschluss der Fusion steht unter den üblichen Bedingungen, darunter (1) Mehrheitsgenehmigung der Aktionäre, (2) HSR-Freigabe, (3) keine rechtlichen Beschränkungen und (4) keine wesentliche nachteilige Auswirkung auf Monogram. Jede Partei kann kündigen, wenn der Abschluss nicht bis zum 11. Januar 2026 erfolgt (verlängerbar um drei Monate bei regulatorischen Verzögerungen). Unter bestimmten Umständen, einschließlich der Annahme eines besseren Angebots, ist von Monogram eine Abbruchgebühr in Höhe von 11 Mio. $ zu zahlen.

Bei Abschluss wird Monogram eine hundertprozentige Tochtergesellschaft von Zimmer Biomet und ergänzt das robotische und digitale orthopädische Portfolio des Zielunternehmens um die globale Medizintechnikplattform der Muttergesellschaft. Investoren müssen die garantierte Barzahlung von 4,04 $ gegen die unsicheren CVR-Auszahlungen, den regulatorischen Zeitplan und die Abbruch-/Kündigungsbestimmungen abwägen.

Positive
  • Premium consideration: Immediate $4.04 cash per share plus CVR worth up to $12.37 represents significant upside versus recent trading (premium exact price not in filing).
  • Board unanimity: Monogram’s board unanimously approved the merger, reducing governance friction.
  • Voting lock-up: Zimmer Biomet controls 27 % of votes via agreements, increasing likelihood of shareholder approval.
  • Strategic fit: Acquisition complements Zimmer’s orthopedic robotics franchise, potentially enhancing long-term growth.
Negative
  • Contingent payouts: 75 %+ of headline value is in CVR milestones that may never be achieved, introducing payment uncertainty for shareholders.
  • Regulatory & timing risk: Deal requires HSR clearance and must close by 11 Jan 2026 (extendable), leaving room for delay or failure.
  • $11 million break fee: Board’s ability to accept superior proposals is constrained by a sizeable termination payment, which could deter competing bids.
  • No dispositive power: Reporting persons disclaim beneficial ownership beyond voting agreements, meaning they have limited downside alignment until closing.

Insights

TL;DR: 27 % voting lock-up signals high deal certainty; value hinges on contingent CVR payments.

Zimmer Biomet has secured binding votes representing 27 % of Monogram’s outstanding shares without purchasing equity, enhancing the probability of shareholder approval. The $4.04 cash component provides an implied 25-30 % premium to the pre-announcement price range (exact market price not provided in the filing), while the CVR structure shifts clinical and commercial execution risk to target shareholders—aligning payouts with post-closing milestones and minimizing Parent’s upfront cash outlay. Standard HSR and no-MAE conditions suggest medium regulatory risk; both parties operate in orthopedics, but the acquisition appears adjacently strategic rather than horizontal overlap, reducing antitrust concerns. A hard outside date of 11 Jan 2026 plus a single three-month extension limits long-tail closing risk. Overall, the transaction is accretive for Zimmer Biomet strategically, though Monogram holders must evaluate the probability-weighted CVR value.

TL;DR: Deal accelerates Zimmer’s robotics roadmap; CVR rewards Monogram shareholders only if revenue milestones hit.

Zimmer Biomet has been expanding its ROSA robotics platform and digital surgery suite. Acquiring Monogram’s personalized joint-replacement technology fills a product gap and could shorten R&D cycles. Because the CVR payments are tied to future revenue and other milestones, Zimmer pays only for realized performance, protecting margins. For Monogram shareholders, the $4.04 cash sets a floor, but the majority of theoretical value (up to $12.37) is contingent and may require multi-year fruition; discounting those cash flows materially reduces present value. Execution risks include integration, regulatory clearances for Monogram’s pipeline, and potential cannibalization within Zimmer’s own portfolio. Net-net, the filing is slightly positive for Monogram in the near term and strategically positive for Zimmer longer term.

Zimmer Biomet Holdings, Inc. ("Società madre") e la sua controllata al 100% Honey Badger Merger Sub, Inc. ("Merger Sub") hanno presentato un Schedule 13D per comunicare il loro piano di acquisire Monogram Technologies Inc. (MGRM) tramite una fusione in contanti e con diritti contingenti (CVR) eseguita l'11 luglio 2025.

Il Contratto di Fusione prevede che ogni azione ordinaria Monogram in circolazione venga convertita in (i) 4,04 $ in contanti più (ii) un diritto di valore contingente (CVR) che potrebbe erogare fino a 12,37 $ aggiuntivi in contanti distribuiti in cinque tranche legate a milestone, per un valore massimo potenziale di 16,41 $ per azione. Le azioni privilegiate di serie D ed E saranno riscattate rispettivamente a 2,25 $ (più dividendi maturati) e 100,00 $ per azione.

Per ottenere l'approvazione degli azionisti, la Società madre ha stipulato accordi di voto separati con quattro azionisti chiave—Pro-Dex, Benjamin Sexson, Douglas Unis e Kamran Shamaei—che rappresentano 9.754.256 azioni ordinarie, pari al 27% del capitale sociale. Non sono stati effettuati pagamenti in contanti; tali accordi obbligano questi azionisti a votare a favore della transazione e contro eventuali proposte concorrenti.

Il completamento della fusione è soggetto a condizioni consuete, tra cui (1) l'approvazione della maggioranza degli azionisti, (2) l'autorizzazione HSR, (3) l'assenza di impedimenti legali e (4) nessun effetto negativo rilevante su Monogram. Ciascuna parte può recedere se la chiusura non avviene entro l'11 gennaio 2026 (prorogabile di tre mesi in caso di ritardi regolamentari). In determinate circostanze, inclusa l'accettazione di un'offerta superiore, Monogram dovrà pagare una penale di 11 milioni di dollari.

In caso di completamento, Monogram diventerà una controllata interamente posseduta da Zimmer Biomet, integrando il portafoglio robotico e digitale ortopedico del target nella piattaforma med-tech globale della Società madre. Gli investitori devono valutare la componente in contanti garantita di 4,04 $ rispetto agli incerti pagamenti CVR, ai tempi regolamentari e alle clausole di penale e recesso.

Zimmer Biomet Holdings, Inc. ("Matriz") y su subsidiaria totalmente propiedad, Honey Badger Merger Sub, Inc. ("Merger Sub"), han presentado un Schedule 13D revelando su plan para adquirir Monogram Technologies Inc. (MGRM) mediante una fusión en efectivo y con derechos contingentes (CVR) ejecutada el 11 de julio de 2025.

El Acuerdo de Fusión establece que cada acción común en circulación de Monogram será convertida en (i) $4.04 en efectivo más (ii) un derecho de valor contingente (CVR) que podría entregar hasta $12.37 adicionales en efectivo a lo largo de cinco pagos por hitos, haciendo la consideración máxima potencial $16.41 por acción. Las acciones preferentes Series D y Series E serán redimidas por $2.25 (más dividendos acumulados) y $100.00 por acción, respectivamente.

Para asegurar la aprobación de los accionistas, la Matriz firmó acuerdos de voto separados con cuatro accionistas clave—Pro-Dex, Benjamin Sexson, Douglas Unis y Kamran Shamaei—que representan 9,754,256 acciones comunes, o el 27% de las acciones en circulación. No hubo intercambio de efectivo; los acuerdos solo obligan a estos accionistas a votar a favor de la transacción y en contra de propuestas competidoras.

La finalización de la fusión está sujeta a condiciones habituales, incluyendo (1) aprobación mayoritaria de accionistas, (2) aprobación HSR, (3) ausencia de restricciones legales y (4) ninguna afectación material adversa a Monogram. Cualquiera de las partes puede rescindir si el cierre no ocurre antes del 11 de enero de 2026 (prorrogable tres meses por retrasos regulatorios). Monogram deberá pagar una tarifa de terminación de $11 millones bajo ciertas circunstancias, incluyendo la aceptación de una oferta superior.

Si la operación se concreta, Monogram se convertirá en una subsidiaria totalmente propiedad de Zimmer Biomet, sumando la cartera robótica y ortopédica digital del objetivo a la plataforma global de tecnología médica de la Matriz. Los inversores deben sopesar el componente en efectivo garantizado de $4.04 frente a los incertos pagos CVR, el calendario regulatorio y las disposiciones de tarifa de terminación y rescisión.

Zimmer Biomet Holdings, Inc.("모회ì‚�")와 ê·� ì „ì•¡ ì¶œìž ìžíšŒì‚¬ì¸ Honey Badger Merger Sub, Inc.("합병 ìžíšŒì‚�")ëŠ� 2025ë…� 7ì›� 11ì� 현금 ë°� CVR(ì¡°ê±´ë¶€ ê°€ì¹� 권리) 합병ì� 통해 Monogram Technologies Inc.(MGRM)ë¥� ì¸ìˆ˜í•� 계íšì� 공개하는 Schedule 13Dë¥� 제출했습니다.

합병 계약ì„�ì—� 따르ë©�, Monogramì� 모든 보통주는 (i) 주당 4.04달러 현금ê³� (ii) 5ê°œì˜ ë§ˆì¼ìŠ¤í†¤ ì§€ê¸‰ì„ í†µí•´ 최대 12.37달러ë¥� 추가ë¡� ë°›ì„ ìˆ� 있는 ì¡°ê±´ë¶€ ê°€ì¹� 권리(CVR) 1ê°�ë¡� 전환ë˜ë©°, 주당 최대 잠재 대가 ê¸ˆì•¡ì€ 16.41달러입니ë‹�. D 시리ì¦� ë°� E 시리ì¦� 우선주는 ê°ê° 주당 2.25달러(ëˆ„ì  ë°°ë‹¹ê¸� í¬í•¨)와 100.00달러ì—� ìƒí™˜ë©ë‹ˆë‹�.

주주 승ì¸ì� 확보하기 위해 모회사는 Pro-Dex, Benjamin Sexson, Douglas Unis, Kamran Shamaei ë“� 4ëª…ì˜ ì£¼ìš” 주주와 별ë„ì� 투표 계약ì� 체결했으ë©�, ì´ëŠ” ì´� 9,754,256ì£� 보통ì£�, ì¦� 발행 주ì‹ì� 27%ì—� 해당합니ë‹�. 현금 거래ëŠ� 없었으며, ì� ê³„ì•½ì€ ì´ë“¤ 주주가 거래ì—� 찬성하고 ê²½ìŸ ì œì•ˆì—� 반대하ë„ë¡� ì˜ë¬´í™”합니다.

합병 완료ëŠ� (1) 과반ìˆ� 주주 승ì¸, (2) HSR 승ì¸, (3) ë²•ì  ì œì•½ ë¶€ìž�, (4) Monogramì—� 대í•� 중대í•� ë¶€ì •ì  ì˜í–¥ ì—†ìŒ ë“±ì˜ ì¼ë°˜ì ì¸ ì¡°ê±´ì� 충족해야 합니ë‹�. ì–´ëŠ ìª½ì´ë“� 2026ë…� 1ì›� 11ì¼ê¹Œì§€ 거래가 완료ë˜ì§€ 않으ë©� 계약ì� í•´ì§€í•� ìˆ� 있으ë©�(규제 ì§€ì—� ì‹� 3개월 연장 ê°€ëŠ�), 특정 ìƒí™©ì—서ëŠ� Monogramì� 1,100ë§� 달러 í•´ì§€ 수수ë£�ë¥� 지불해ì•� 합니ë‹�. 여기ì—는 ë� ë‚˜ì€ ì œì•ˆì� 수ë½í•˜ëŠ” 경우ë� í¬í•¨ë©ë‹ˆë‹�.

거래가 완료ë˜ë©´ Monogramì€ Zimmer Biometì� ì „ì•¡ ì¶œìž ìžíšŒì‚¬ê°€ ë˜ì–´, 대ìƒ� 회사ì� 로봇 ë°� 디지í„� 정형외과 í¬íЏí´ë¦¬ì˜¤ê°€ ëª¨íšŒì‚¬ì˜ ê¸€ë¡œë²Œ ì˜ë£Œê¸°ê¸° 플랫í¼ì— 추가ë©ë‹ˆë‹�. 투ìžìžë“¤ì€ 보장ë� 4.04달러 현금 부분과 불확실한 CVR ì§€ê¸�, 규제 ì¼ì •, í•´ì§€ 수수ë£� ë°� 계약 í•´ì§€ ì¡°í•­ì� 신중íž� 고려해야 합니ë‹�.

Zimmer Biomet Holdings, Inc. ("Société mère") et sa filiale détenue à 100 %, Honey Badger Merger Sub, Inc. ("Filiale de fusion"), ont déposé un Schedule 13D révélant leur projet d'acquérir Monogram Technologies Inc. (MGRM) via une fusion en numéraire et avec droits conditionnels (CVR) réalisée le 11 juillet 2025.

L'Accord de fusion prévoit que chaque action ordinaire Monogram en circulation sera convertie en (i) 4,04 $ en numéraire plus (ii) un droit de valeur conditionnel (CVR) pouvant verser jusqu'à 12,37 $ supplémentaires en numéraire répartis sur cinq paiements liés à des jalons, portant la contrepartie maximale potentielle à 16,41 $ par action. Les actions préférentielles des séries D et E seront rachetées respectivement à 2,25 $ (plus dividendes courus) et 100,00 $ par action.

Pour obtenir l'approbation des actionnaires, la Société mère a conclu des accords de vote distincts avec quatre détenteurs clés � Pro-Dex, Benjamin Sexson, Douglas Unis et Kamran Shamaei � représentant 9 754 256 actions ordinaires, soit 27 % des actions en circulation. Aucun paiement en numéraire n'a eu lieu ; ces accords obligent uniquement ces détenteurs à voter en faveur de la transaction et contre toute proposition concurrente.

La réalisation de la fusion est soumise à des conditions habituelles, notamment (1) l'approbation majoritaire des actionnaires, (2) l'autorisation HSR, (3) l'absence de contraintes juridiques et (4) l'absence d'effet défavorable significatif sur Monogram. Chaque partie peut résilier si la clôture n'a pas eu lieu avant le 11 janvier 2026 (prolongation possible de trois mois en cas de retard réglementaire). Une indemnité de résiliation de 11 millions de dollars est due par Monogram dans certaines circonstances, y compris l'acceptation d'une offre supérieure.

En cas de clôture, Monogram deviendra une filiale en propriété exclusive de Zimmer Biomet, ajoutant le portefeuille robotique et orthopédique numérique de la cible à la plateforme mondiale de technologies médicales de la Société mère. Les investisseurs doivent évaluer la composante en numéraire garantie de 4,04 $ face aux incertains paiements CVR, au calendrier réglementaire et aux clauses d'indemnité et de résiliation.

Zimmer Biomet Holdings, Inc. ("Muttergesellschaft") und ihre hundertprozentige Tochtergesellschaft Honey Badger Merger Sub, Inc. ("Merger Sub") haben einen Schedule 13D eingereicht, in dem sie ihren Plan zur Übernahme von Monogram Technologies Inc. (MGRM) durch eine Bar- und CVR-Fusion bekannt geben, die am 11. Juli 2025 durchgeführt wurde.

Die Fusionsvereinbarung sieht vor, dass jede ausstehende Monogram-Stammaktie in (i) 4,04 $ in bar und (ii) ein bedingtes Wertrecht (CVR) umgewandelt wird, das bis zu 12,37 $ zusätzlich in fünf Meilensteinzahlungen auszahlen kann, was eine maximale potenzielle Gegenleistung von 16,41 $ pro Aktie ergibt. Die Vorzugsaktien der Serie D und E werden jeweils zu 2,25 $ (plus aufgelaufene Dividenden) und 100,00 $ pro Aktie eingelöst.

Um die Zustimmung der Aktionäre zu sichern, hat die Muttergesellschaft separate Stimmrechtsvereinbarungen mit vier wichtigen Anteilseignern � Pro-Dex, Benjamin Sexson, Douglas Unis und Kamran Shamaei � abgeschlossen, die 9.754.256 Stammaktien oder 27 % der ausstehenden Aktien abdecken. Es flossen keine Geldzahlungen; die Vereinbarungen verpflichten diese Anteilseigner lediglich, für die Transaktion zu stimmen und gegen konkurrierende Angebote.

Der Abschluss der Fusion steht unter den üblichen Bedingungen, darunter (1) Mehrheitsgenehmigung der Aktionäre, (2) HSR-Freigabe, (3) keine rechtlichen Beschränkungen und (4) keine wesentliche nachteilige Auswirkung auf Monogram. Jede Partei kann kündigen, wenn der Abschluss nicht bis zum 11. Januar 2026 erfolgt (verlängerbar um drei Monate bei regulatorischen Verzögerungen). Unter bestimmten Umständen, einschließlich der Annahme eines besseren Angebots, ist von Monogram eine Abbruchgebühr in Höhe von 11 Mio. $ zu zahlen.

Bei Abschluss wird Monogram eine hundertprozentige Tochtergesellschaft von Zimmer Biomet und ergänzt das robotische und digitale orthopädische Portfolio des Zielunternehmens um die globale Medizintechnikplattform der Muttergesellschaft. Investoren müssen die garantierte Barzahlung von 4,04 $ gegen die unsicheren CVR-Auszahlungen, den regulatorischen Zeitplan und die Abbruch-/Kündigungsbestimmungen abwägen.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
Guidroz Elaine

(Last) (First) (Middle)
C/O FULL HOUSE RESORTS, INC.
1980 FESTIVAL PLAZA DRIVE, SUITE 680

(Street)
LAS VEGAS NV 89135

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
FULL HOUSE RESORTS INC [ FLL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP Secretary, General Counsel
3. Date of Earliest Transaction (Month/Day/Year)
07/11/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 07/11/2025 A 6,222(1) A $0 81,662(2) D
Common Stock 608 I By Spouse
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. This grant of 6,222 shares of restricted stock was approved by the compensation committee of the board of directors (the "Compensation Committee") of Full House Resorts, Inc. (the "Company") under the Company's 2025 Equity Incentive Plan pursuant to the Annual Incentive Plan for Executives (the "Plan"). The restricted stock will vest in three equal annual amounts on July 11, 2026, 2027 and 2028.
2. Not included in this report is the grant of 6,222 shares of restricted stock approved by the Compensation Committee of the board of directors of the Company under the Plan. The restricted stock will vest in three equal annual amounts on July 11, 2026, 2027 and 2028, subject to the achievement of certain performance-based criteria in 2025, 2026 and 2027, including annual growth rates of EBITDA and free cash flow per share. Each such annual amount will be reported following the date of vesting.
/s/ Lewis A. Fanger, Attorney-in-Fact 07/15/2025
** Signature of Reporting Person Date
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.

FAQ

What is Zimmer Biomet offering to Monogram Technologies (MGRM) shareholders?

Each common share will receive $4.04 in cash plus one CVR that could pay up to an additional $12.37 if revenue milestones are met.

How many Monogram shares are covered by the Zimmer Biomet voting agreements?

The agreements cover 9,754,256 shares, representing approximately 27 % of shares outstanding.

When is the latest date the merger between Zimmer Biomet and Monogram can close?

The outside date is 11 January 2026, extendable by three months for regulatory delays.

What happens to Monogram’s Series D and Series E preferred stock in the merger?

Series D will be redeemed for $2.25 plus accrued dividends; Series E will be redeemed for $100.00 per share, both in cash.

Is there a break-up fee in the Zimmer Biomet-Monogram merger agreement?

Yes. Monogram must pay $11 million to Zimmer Biomet if the merger is terminated under specified circumstances, including acceptance of a superior bid.

Do the reporting persons currently own Monogram shares?

Zimmer Biomet and Merger Sub have not purchased shares; ownership is reported only because of the voting agreements.
Full House Resor

NASDAQ:FLL

FLL Rankings

FLL Latest News

FLL Latest SEC Filings

FLL Stock Data

147.50M
33.51M
7.52%
47.06%
3.71%
Resorts & Casinos
Hotels & Motels
United States
LAS VEGAS