{"schema_version":"secwatch.filing_event.v1","accession":"0001017386-23-000271","form_type":"8-K","ticker":null,"cik":"0001080319","company_name":"Elys BMG Group, Inc.","filed_at":"2023-07-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.092305+00:00","generated_at":"2026-06-13T07:28:46.091548+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 closes $2.9M private placement of 12% convertible debentures and warrants","bullets":["Sold 2,876 units at $1,000 each for total proceeds of $2.876M; each unit has a 12% convertible debenture and warrants.","Debentures convertible at $0.40/share (Gold Street at $0.42), mature in 3 years; warrants exercisable at same prices for 5 years.","Investors include related parties: Gold Street Capital (spouse of Executive Chairman) and Braydon Capital (brother of Chairman).","Proceeds will fund working capital for launch of U.S./Canadian online channel and mobile app.","Debentures are secured by a senior security interest in all company assets."],"urls":{"canonical":"https://secwatch.observer/filing/0001017386-23-000271","json":"https://secwatch.observer/filing/0001017386-23-000271.json","markdown":"https://secwatch.observer/filing/0001017386-23-000271.md","text":"https://secwatch.observer/filing/0001017386-23-000271.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1080319/000101738623000271/0001017386-23-000271-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1080319/000101738623000271/elys_2023jul17-8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T07:28:46.091548+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":"8c641a010af8195b7ff2cf741410e641a1691154","claim":"Elys BMG Group, Inc. incurred convertible notes of $2,876,000 with Gold Street Capital Corp., Braydon Capital Corp., and other accredited investors at 12% per annum maturing three years from the date of issuance.","evidence_excerpt":"The Investors purchased a total of 2,876 units and the Company issued Debentures for the total principal amount of $2,876,000 (the \"Principal Amount\") to the Investors and warrants to purchase 6,951,905 shares of common stock of the Company. The Debentures mature three years from their date of issuance and bear interest at a rate of 12% per annum compounded annually and payable on the maturity date.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1080319/000101738623000271/0001017386-23-000271-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$2,876,000"},{"label":"Counterparty","value":"Gold Street Capital Corp., Braydon Capital Corp., and other accredited investors"},{"label":"Rate","value":"12% per annum"},{"label":"Maturity","value":"three years from the date of issuance"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"6dab5be86a6995ac1f0e097b5e64bf2d4c65e64d","claim":"Elys BMG Group, Inc. entered into Subscription Agreement with a group of accredited investors valued at $2,876,000 (effective 2023-07-11).","evidence_excerpt":"On July 11, 2023 (the \"Closing Date\"), Elys Game Technology, Corp. (the \"Company\") closed a private placement offering of up to 3,000 units and entered into a Subscription Agreement (the \"Agreement\") with a group of accredited investors","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1080319/000101738623000271/0001017386-23-000271-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"a group of accredited investors"},{"label":"Value","value":"$2,876,000"},{"label":"Effective","value":"2023-07-11"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}