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    PENN Entertainment Inc. filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits

    5/15/25 7:35:39 AM ET
    $PENN
    Hotels/Resorts
    Consumer Discretionary
    Get the next $PENN alert in real time by email
    false 0000921738 0000921738 2025-05-15 2025-05-15 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

     

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, DC 20549 

     

     

     

    FORM 8-K

     

     

     

    CURRENT REPORT

    PURSUANT TO SECTION 13 OR 15(D) OF

    THE SECURITIES EXCHANGE ACT OF 1934

     

    Date of report (Date of earliest event reported): May 15, 2025

     

     

     

    PENN Entertainment, Inc.

    (Exact Name of Registrant as Specified in Charter)

     

     

     

    Pennsylvania   0-24206   23-2234473
    (State or Other Jurisdiction of
    Incorporation)  
      (Commission File Number)    (I.R.S. Employer Identification No.)

     

    825 Berkshire Blvd., Suite 200

    Wyomissing, PA 19610

    (Address of Principal Executive Offices, and Zip Code)

     

    610-373-2400

    Registrant’s Telephone Number, Including Area Code

     

     

     

    (Former name, former address and former fiscal year, if changed since last report)

     

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

     

    ¨Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

     

    ¨Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

     

    ¨Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

     

    ¨Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

     

    Securities registered pursuant to Section 12(b) of the Act:

     

    Title of each class Trading Symbol(s) Name of each exchange on which registered  
    Common Stock, $0.01 par value per share PENN The Nasdaq Stock Market LLC

     

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2 of this chapter).

     

    Emerging growth company ¨

     

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

     

     

      

     

     

     

    Item 7.01. Regulation FD Disclosure.

     

    On May 15, 2025, PENN Entertainment Inc. (the “Company”) issued (i) a press release containing a letter to shareholders from the Board of Directors of the Company, a copy of which is attached as Exhibit 99.1 and is incorporated by reference in this Item 7.01, and (ii) a fact sheet, a copy of which is attached as Exhibit 99.2 and is incorporated by reference in this Item 7.01. The shareholder letter and fact sheet provide updates on, among other things, the Company’s performance, its commitment to driving shareholder value and its efforts to reach a mutually agreeable resolution with HG Vora Capital Management, LLC.

     

    The information in this Item 7.01 of this Current Report on Form 8-K, including Exhibits 99.1 and 99.2 hereto, is being furnished to the Securities and Exchange Commission and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section. This information shall not be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference to such filing.

     

    Item 9.01. Financial Statements and Exhibits.

     

    (d)       Exhibits.

     

    Exhibit No. Description
    99.1 Press Release, dated May 15, 2025, issued by PENN Entertainment, Inc. (furnished under Item 7.01)
    99.2 Fact Sheet, dated May 15, 2025, issued by PENN Entertainment, Inc. (furnished under Item 7.01)
    104 Cover Page Interactive Data File (formatted as Inline XBRL)

     

     

     

     

    SIGNATURES

     

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

     

    Date: May 15, 2025 PENN ENTERTAINMENT, INC.
         
        By: /s/ Christopher Rogers
          Christopher Rogers
          Executive Vice President, Chief Strategy and Legal Officer and Secretary

     

     

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