12 Small Cap Stocks with High Upside Potential

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5. Accel Entertainment, Inc. (NYSE:ACEL)

Market Capitalization: $1 Billion

Analyst Upside: 34.45%

No. of Hedge Fund Investors: 24

Accel Entertainment, Inc. (NYSE:ACEL) is one of the 12 Small Cap Stocks with High Upside Potential. Accel Entertainment, Inc. (NYSE:ACEL) made amendments to its bylaws following the Annual Meeting of Stockholders held on June 6.

During the Annual Meeting, stockholders approved the second amendment and restatement of Accel Entertainment’s Amended and Restated Long Term Incentive Plan. This development increases the share reserve by 2 million shares of Accel’s Class A-1 common stock, bringing the total share authorization to 10 million. The stockholders approved the Exculpation Amendment, which aims to exculpate certain officers from personal liability for breaches of duty care in specific circumstances. This amendment reflects the company’s commitment to enhancing corporate governance practices and aligning its incentive structures with the long-term interests of its stakeholders.

Accel Entertainment, Inc. (NYSE:ACEL) is a distributed gaming operator in the U.S. and a partner for local business owners. Accel offers turnkey full-service gaming solutions to authorized non-casino locations such as bars, restaurants, convenience stores, and fraternal and veteran locations across the U.S.

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