{"schema_version":"secwatch.filing_event.v1","accession":"0001017386-23-000173","form_type":"8-K","ticker":null,"cik":"0001080319","company_name":"Elys BMG Group, Inc.","filed_at":"2023-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.877832+00:00","generated_at":"2026-06-15T12:09:37.936342+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Elys Game Technology raises $1.5M via 12% secured convertible debentures from related party","bullets":["Closed private placement of 1,500 units at $1,000 each, total $1.5M principal, with Gold Street Capital Corp. (owned by Executive Chairman's spouse).","12% annual interest compounded and payable at maturity; debentures mature in 3 years and are secured by all company assets.","Convertible into 3,138,075 shares at $0.48/share; warrants for same number of shares at $0.48/share expire in 3 years.","Proceeds used for working capital to launch online channel and mobile app in U.S. and Canadian markets."],"urls":{"canonical":"https://secwatch.observer/filing/0001017386-23-000173","json":"https://secwatch.observer/filing/0001017386-23-000173.json","markdown":"https://secwatch.observer/filing/0001017386-23-000173.md","text":"https://secwatch.observer/filing/0001017386-23-000173.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1080319/000101738623000173/0001017386-23-000173-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1080319/000101738623000173/elys_2023may5-8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T12:09:37.936342+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3b207388dad303f3a966c43812d4893f831cafd0","claim":"Elys BMG Group, Inc. incurred convertible notes of $1,500,000 with Gold Street Capital Corp. at 12% per annum compounded annually maturing three years from their date of issuance.","evidence_excerpt":"channel and mobile app product for U.S. and Canadian markets. The Investor purchased a total of 1,500 units and the Company issued Debentures for the total principal amount of $1,500,000 (the \"Principal Amount\") to the Investor and warrants to purchase 3,138,075 shares of common stock of the Company. The Debentures mature three years from their date of issuance","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1080319/000101738623000173/0001017386-23-000173-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$1,500,000"},{"label":"Counterparty","value":"Gold Street Capital Corp."},{"label":"Rate","value":"12% per annum compounded annually"},{"label":"Maturity","value":"three years from their date of issuance"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"eeb01af0f9165a002303df02701436bfa795fca0","claim":"Elys BMG Group, Inc. entered into Subscription Agreement with Gold Street Capital Corp. valued at $1,500,000 (effective 2023-05-05).","evidence_excerpt":"On May 5, 2023 (the \"Closing Date\"), Elys Game Technology, Corp. (the \"Company\") closed a private placement offering of up to 1,500 units and entered into a Subscription Agreement (the \"Agreement\") with a single accredited investor, Gold Street Capital Corp. (the \"Investor\"), which is a company owned by Gilda Pia Ciavarella, a related party and spouse of the Company’s Executive Chairman, Michele Ciavarella.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1080319/000101738623000173/0001017386-23-000173-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Gold Street Capital Corp."},{"label":"Value","value":"$1,500,000"},{"label":"Effective","value":"2023-05-05"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}