Emmett Investment Management Opposes PlayAGS's Proposed Take-Private Transaction With Brightstar Capital Partners; Releases Open Letter To AGS Stockholders Outlining Intention To Vote Against Proposal

Releases Open Letter to AGS Stockholders Outlining Intention to Vote AGAINST Inadequate Proposal

NEW YORK, May 14, 2024 /PRNewswire/ -- Emmett Investment Management LP ("Emmett"), an investment manager focused on small and mid-cap equities across developed markets and owner of approximately 1.5% of the outstanding stock of PlayAGS, Inc. (NYSE:AGS)("AGS" or the "Company"), today released an open letter to AGS stockholders outlining its intention to vote AGAINST the Company's inadequate proposed take-private transaction with Brightstar Capital Partners, which it believes significantly undervalues the Company.