<SEC-DOCUMENT>0001171843-24-003638.txt : 20240625
<SEC-HEADER>0001171843-24-003638.hdr.sgml : 20240625
<ACCEPTANCE-DATETIME>20240625160207
ACCESSION NUMBER:		0001171843-24-003638
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20240625
FILED AS OF DATE:		20240625
DATE AS OF CHANGE:		20240625

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Codere Online Luxembourg, S.A.
		CENTRAL INDEX KEY:			0001866782
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION [7990]
		ORGANIZATION NAME:           	07 Trade & Services
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			N4
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-41107
		FILM NUMBER:		241068894

	BUSINESS ADDRESS:	
		STREET 1:		7 RUE ROBERT STUMPER
		CITY:			LUXEMBOURG
		STATE:			N4
		ZIP:			L-2557
		BUSINESS PHONE:		352 26 25 88 88

	MAIL ADDRESS:	
		STREET 1:		7 RUE ROBERT STUMPER
		CITY:			LUXEMBOURG
		STATE:			N4
		ZIP:			L-2557
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>f6k_062524.htm
<DESCRIPTION>FORM 6-K
<TEXT>
<html><head><title></title></head><body style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><div align="center"><div style="margin-top: 3pt; margin-bottom: 12pt;"><div style="font-size: 1pt; border-top: Black 2.5pt solid; border-bottom: Black 1.1pt solid; width: 100%;">&#160;</div></div><p style="font-size: 14pt;" align="center"><strong>UNITED STATES</strong><br /><strong>SECURITIES AND EXCHANGE COMMISSION</strong><br /><strong>Washington, D.C. 20549</strong></p><p style="font-size: 14pt; text-transform: uppercase;" align="center"><strong>Form 6-K</strong></p><p style="text-align: center;"><strong></strong></p><p style="text-align: center;"><strong>REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934</strong></p><p style="text-align: center;"><strong></strong><strong>For the month of June 2024</strong></p><p style="text-align: center;">Commission File Number: <strong>001-41107</strong></p><p style="text-align: center;"><font style="font-size: 12pt;"><strong>Codere Online Luxembourg, S.A.</strong></font><br />(Translation of registrant's name into English)</p><p style="text-align: center;"><strong>7 rue Robert St&#252;mper<br />L-2557 Luxembourg,<br />Grand Duchy of Luxembourg</strong><br />(Address of principal executive offices)</p></div><p>Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.</p><!--<p style="text-align: center;">Form 20-F [&#160;X ] &#160;&#160;&#160;&#160;&#160;Form 40-F [&#160;&#160; ]</p>--><p style="text-align: center;">Form 20-F &#9746;&#160;&#160;&#160;&#160;&#160;Form 40-F &#9744;</p><!--<p>Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): <u>&#160;</u></p><p style="text-align: center;">Yes &#9744;&#160;&#160;&#160;&#160;&#160;No &#9746;</p><p>Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): <u>&#160;</u></p><p style="text-align: center;">Yes &#9744;&#160;&#160;&#160;&#160;&#160;No &#9746;</p>--><hr style="page-break-after: always;" noshade="noshade" /><p><p style="text-align: center;"><strong>Explanatory note</strong></p><p>The information in the attached Exhibit 99.1 is being furnished and shall not be deemed &#8220;filed&#8221; for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the &#8220;Exchange Act&#8221;), or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference in any filing made by Codere Online Luxembourg, S.A. under the Securities Act of 1933, as amended, or the Exchange Act, except as otherwise set forth herein or as shall be expressly set forth by specific reference in such a filing.</p><p style="text-align: center;"><font style="font-size: 10pt;"><strong>EXHIBIT INDEX</strong></font></p><table style="font-size: 10pt;" border="0" cellspacing="0" cellpadding="0"><tr><td style="text-decoration: underline;" valign="bottom"><font style="font-size: 10pt;">Exhibit</font></td><td width="20"><font style="font-size: 10pt;">&#160;</font></td><td style="text-decoration: underline;" valign="bottom"><font style="font-size: 10pt;">Description of Exhibit</font></td></tr><tr><td>&#160;</td><td width="20"><font style="font-size: 10pt;">&#160;</font></td><td><font style="font-size: 10pt;">&#160;</font></td></tr><tr><td><font style="font-size: 10pt;"><a href="exh_991.htm">99.1</a></font></td><td width="20"><font style="font-size: 10pt;">&#160;</font></td><td><font style="font-size: 10pt;"><a href="exh_991.htm">Press Release dated June 25, 2024</a> </font></td></tr></table></p><hr style="page-break-after: always;" noshade="noshade" /><p style="text-align: center;"><strong>SIGNATURES</strong></p><p>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, thereunto duly authorized.</p><table style="font-family: Times New Roman; font-size: 10pt;" border="0" width="100%" cellspacing="0" cellpadding="0"><tr valign="top"><td width="47%">&#160;</td><td width="6%">&#160;</td><td style="text-decoration: underline;" align="center" width="47%"><strong>&#160;&#160;&#160;&#160;Codere Online Luxembourg, S.A.&#160;&#160;&#160;&#160;</strong></td></tr><tr valign="top"><td width="47%">&#160;</td><td width="6%">&#160;</td><td align="center" width="47%">(Registrant)</td></tr><tr valign="top"><td width="47%">&#160;</td><td width="6%">&#160;</td><td align="center" width="47%">&#160;</td></tr><tr valign="top"><td width="47%">&#160;</td><td width="6%">&#160;</td><td align="center" width="47%"></td></tr><tr valign="top"><td width="47%">Date: June 25, 2024</td><td width="6%">&#160;</td><td style="text-decoration: underline;" align="center" width="47%">&#160;&#160;&#160;&#160;/s/ Oscar Iglesias&#160;&#160;&#160;&#160;</td></tr><tr valign="top"><td width="47%">&#160;</td><td width="6%">&#160;</td><td align="center" width="47%">Oscar Iglesias</td></tr><tr valign="top"><td width="47%">&#160;</td><td width="6%">&#160;</td><td align="center" width="47%">Chief Financial Officer  </td></tr><tr valign="top"><td width="47%">&#160;</td><td width="6%">&#160;</td><td align="center" width="47%"></td></tr></table></body></html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>exh_991.htm
<DESCRIPTION>PRESS RELEASE
<TEXT>
<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"><html lang="en-US"><head><title>EdgarFiling</title><meta content="text/html; charset=windows-1252" ><meta name="GENERATOR" content="MSHTML 8.00.7601.18094" ></head><body bgcolor="#ffffff"><p style="text-align: right;"><strong>EXHIBIT 99.1</strong></p><p style="text-align: center;"><strong>Codere Online Reports Favorable AGM Results and Changes to its Board of Directors</strong></p><p style="text-align: center;" ></p><p>
 <p align="center"><br ></p>  <p align="justify"><strong>Luxembourg, Grand Duchy of Luxembourg, June 25, 2024</strong> &#8211; (GLOBE NEWSWIRE) Codere Online (Nasdaq: CDRO / CDROW, the &#8220;Company&#8221;), a leading online gaming operator in Spain and Latin America, today announced the favorable resolution of all 21 agenda items at the Annual General Meeting (AGM) held yesterday at the registered office of the Company, including the appointment of three new members to its Board of Directors.</p>  <p align="justify">Mr. Gabriel Saenz de Buruaga, Mr. Taavi Davies and Mr. Claude Noesen have been appointed as directors for an initial term of one year, replacing Mr. Patrick Ramsey, Ms. Michal Elimelech, and Mr. Laurent Teitgen.</p>  <p align="justify">Mr. Gonzaga Higuero, CEO of Codere Group, was re-appointed as director and will also serve as Chairman of the Board going forward. In regards to these changes, Mr. Higuero stated &#8220;we welcome these new additions to the Board and look forward to working with them to build upon the significant progress achieved by the Company in recent years.&#8221;</p>  <p align="justify">Mr. Higuero further added &#8220;I would also like to extend my sincere appreciation to Pat for his valuable contribution and dedication as Chairman since Codere Online went public in 2021, and I am excited that he will be joining me in the Board of our parent company, Codere New Topco, following its recently announced recapitalization and as it looks ahead to a promising future.&#8221;</p>  <p align="justify">For detailed biographies of the members of our Board of Directors please visit our&#160;<strong>website</strong>.</p>  <p align="justify"><strong>Changes to Board Committees</strong></p>  <p align="justify">In the Board of Directors meeting held last week ahead of the AGM, the following changes to the Company&#8217;s Committees were approved:</p>  <ul type="disc"><li style="margin-top:0.05pt; margin-bottom:6pt; text-align:justify;"><strong>Audit Committee</strong> - Appointment of Mr. Claude Noesen as member. Mr. Borja Fern&#225;ndez and Mr. Daniel Valdez will continue to serve as Chairman and member, respectively.</li><li style="margin-top:0.05pt; margin-bottom:6pt; text-align:justify;"><strong>Compliance Committee</strong> &#8211; Appointment of Mr. Mark Dunn as Chairman and Mr. Taavi Davies as member. Mr. Rafael Catal&#225; and Ms. Yaiza Rodr&#237;guez will continue to serve as members.</li></ul>  <p><strong>About Codere Online </strong><br >Codere Online refers, collectively, to Codere Online Luxembourg, S.A. and its subsidiaries. Codere Online launched in 2014 as part of the renowned casino operator Codere Group. Codere Online offers online sports betting and online casino through its state-of-the art website and mobile applications. Codere currently operates in its core markets of Spain, Mexico, Colombia, Panama and Argentina. Codere Online&#8217;s online business is complemented by Codere Group&#8217;s physical presence in Spain and throughout Latin America, forming the foundation of the leading omnichannel gaming and casino presence.</p>  <p align="justify"><strong>About Codere Group</strong><br >Codere Group is a multinational group devoted to entertainment and leisure. It is a leading player in the private gaming industry, with four decades of experience and with presence in seven countries in Europe (Spain and Italy) and Latin America (Argentina, Colombia, Mexico, Panama, and Uruguay).</p>  <p align="justify"><strong>Forward-Looking Statements </strong><br >Certain statements in this document may constitute &#8220;forward-looking statements&#8221; within the meaning of the &#8220;safe harbor&#8221; provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding Codere Online Luxembourg, S.A. and its subsidiaries (collectively, &#8220;Codere Online&#8221;) or Codere Online&#8217;s or its management team&#8217;s expectations, hopes, beliefs, intentions or strategies regarding the future. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words &#8220;anticipate,&#8221; &#8220;believe,&#8221; &#8220;continue,&#8221; &#8220;could,&#8221; &#8220;estimate,&#8221; &#8220;expect,&#8221; &#8220;intends,&#8221; &#8220;may,&#8221; &#8220;might,&#8221; &#8220;plan,&#8221; &#8220;possible,&#8221; &#8220;potential,&#8221; &#8220;predict,&#8221; &#8220;project,&#8221; &#8220;should,&#8221; &#8220;would&#8221; and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements in this document may include, for example, statements about Codere Online&#8217;s financial performance and, in particular, the potential evolution and distribution of its net gaming revenue; any prospective and illustrative financial information; and changes in Codere Online&#8217;s strategy, future operations and target addressable market, financial position, estimated revenues and losses, projected costs, prospects and plans.</p>  <p align="justify">These forward-looking statements are based on information available as of the date of this document and current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties. Accordingly, forward-looking statements should not be relied upon as representing Codere Online&#8217;s or its management team&#8217;s views as of any subsequent date, and Codere Online does not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.</p>  <p align="justify">As a result of a number of known and unknown risks and uncertainties, Codere Online&#8217;s actual results or performance may be materially different from those expressed or implied by these forward-looking statements. There may be additional risks that Codere Online does not presently know or that Codere Online currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. Some factors that could cause actual results to differ include (i) changes in applicable laws or regulations, including online gaming, privacy, data use and data protection rules and regulations as well as consumers&#8217; heightened expectations regarding proper safeguarding of their personal information, (ii) the impacts and ongoing uncertainties created by regulatory restrictions, changes in perceptions of the gaming industry, changes in policies and increased competition, and geopolitical events such as war, (iii) the ability to implement business plans, forecasts, and other expectations and identify and realize additional opportunities, (iv) the risk of downturns and the possibility of rapid change in the highly competitive industry in which Codere Online operates, (v) the risk that Codere Online and its current and future collaborators are unable to successfully develop and commercialize Codere Online&#8217;s services, or experience significant delays in doing so, (vi) the risk that Codere Online may never achieve or sustain profitability, (vii) the risk that Codere Online will need to raise additional capital to execute its business plan, which may not be available on acceptable terms or at all, (viii) the risk that Codere Online experiences difficulties in managing its growth and expanding operations, (ix) the risk that third-party providers, including the Codere Group, are not able to fully and timely meet their obligations, (x) the risk that the online gaming operations will not provide the expected benefits due to, among other things, the inability to obtain or maintain online gaming licenses in the anticipated time frame or at all, (xi) the risk that Codere Online is unable to secure or protect its intellectual property, and (xii) the possibility that Codere Online may be adversely affected by other political, economic, business, and/or competitive factors. Additional information concerning certain of these and other risk factors is contained in Codere Online&#8217;s filings with the U.S. Securities and Exchange Commission (the &#8220;SEC&#8221;). All subsequent written and oral forward-looking statements concerning Codere Online or other matters and attributable to Codere Online or any person acting on their behalf are expressly qualified in their entirety by the cautionary statements above.</p>  <p align="justify"><strong>Trademarks</strong><br >This document may contain trademarks, service marks, trade names and copyrights of Codere Online or other companies, which are the property of their respective owners. Solely for convenience, some of the trademarks, service marks, trade names and copyrights referred to in this document may be listed without the TM, SM, &#169; or &#174; symbols, but Codere Online will assert, to the fullest extent under applicable law, the rights of the applicable owners, if any, to these trademarks, service marks, trade names and copyrights.</p>  <p align="justify"><strong>Contacts:</strong></p>  <p align="justify"><strong>Investors and Media</strong><br >Guillermo Lancha <br >Director, Investor Relations and Communications<br >Guillermo.Lancha@codere.com<br >(+34) 628 928 152</p> </p><p ></p></body></html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
