The AGM is routine and unlikely to move the stock. Monitor the outcome of the authorized capital renewal vote — if passed, the board gains flexibility to issue shares for LTIPs and warrants without preemptive rights, which could lead to future dilution. No immediate trading catalyst.
Price Chart
Executive Summary
Codere Online filed a 6-K furnishing the convening notice for its 2026 Annual General Meeting (AGM) to be held on June 30, 2026. The agenda includes approval of FY2025 statutory accounts showing a loss of EUR 7.77M, re-appointment of directors and auditor, and renewal of EUR 100M authorized share capital with authority to limit preemptive rights for LTIPs and warrants. This is a routine governance filing with no immediate financial impact.
Key Facts
- AGM scheduled for June 30, 2026 at 1:00 PM CET in Luxembourg.
- FY2025 statutory accounts show a loss of EUR 7,774,230.36, to be carried forward.
- Proposal to renew and restate authorized share capital to EUR 100,000,000 for five years, with board authority to cancel or limit preemptive subscription rights.
- Board seeks authority to issue shares under LTIPs and warrants without shareholder preemptive rights.
- All current directors (Gonzaga Higuero, Moshe Edree, Borja Fernández Espejel, Laurent Teitgen, Daniel Valdez, Gabriel Saenz de Buruaga, Oscar Iglesias, Gaëtan Dumont) proposed for re-appointment until 2027 AGM.
- Auditor Michel Lecoq proposed for re-appointment until 2029 AGM.
- Director remuneration capped at EUR 500,000 per annum (excl. VAT) until 2027 AGM.
Financial Impact
FY2025 loss of EUR 7.77M; authorized capital renewal of EUR 100M represents potential future dilution but no immediate capital raise.
Risk Factors
- Potential dilution from future share issuance under renewed authorized capital for LTIPs and warrants.
- Continued operating losses as indicated by FY2025 statutory loss of EUR 7.77M.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 7 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 6-K Filing (Primary) | 0001171843-26-004173 |
| Exhibit: exh_993.htm | 0001171843-26-004173 |
| Exhibit: exh_991.htm | 0001171843-26-004173 |
| Document: f6k_061726.htm | 0001171843-26-004173 |
| Document: 0001171843-26-004173-index-headers.html | 0001171843-26-004173 |
| Document: 0001171843-26-004173-index.html | 0001171843-26-004173 |
| Document: 0001171843-26-004173.txt | 0001171843-26-004173 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 30, 2026 26d ago | 6-K | $9.68 $9.49 | ▼ −2.01% | ▼ −3.32% | $9.21 (−4.86%) |
Jul 30, 2026 12w ago | 6-K | $9.27 $8.91 | ▼ −3.83% | ▼ −7.45% | $9.21 (−0.59%) |
Jul 14, 2026 14w ago | 6-K | $9.45 $9.05 | ▼ −4.23% | ▼ −2.94% | $9.21 (−2.54%) |
Jul 14, 2026 14w ago | Press Release | $9.45 $9.05 | ▼ −4.23% | ▼ −2.94% | $9.21 (−2.54%) |
Jun 30, 2026 16w ago | 6-K | $9.57 $9.58 | ▲ +0.10% | ▼ −0.50% | $9.21 (−3.76%) |
Jun 17, 2026 18w ago | 6-K | $10.20 $9.32 | ▼ −8.63% | ▼ −6.96% | $9.21 (−9.71%) |
Jun 11, 2026 19w ago | EFFECT | $9.60 $9.99 | ▲ +4.06% | ▲ +3.63% | $9.21 (−4.06%) |
Mar 4, 2026 33w ago | Press Release | $7.99 $8.00 | ▲ +0.13% | ▲ +1.46% | $9.21 (+15.27%) |
US Market Status
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