{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-006598","form_type":"8-K","ticker":"GMBL","cik":"0001451448","company_name":"ESPORTS ENTERTAINMENT GROUP, INC.","filed_at":"2023-03-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.059007+00:00","generated_at":"2026-06-18T14:54:34.224633+00:00","sec_items":["2.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Esports Entertainment completes sale of Bethard Business for $8.1M total consideration","bullets":["Total consideration of $8,090,965 includes €1.65M cash, €150K holdback, and settlement of €5.87M contingent consideration liability.","Purchaser Gameday Group PLC assumed net working capital of ~€1.24M ($1.31M).","Pro forma net loss for six months ended Dec 31, 2022 reduced from $18.3M to $13.7M after removing Bethard's results.","Post-closing, $19.26M of Senior Convertible Note principal converted to common stock, reducing debt.","Reverse stock split of 1-for-100 effective Feb 22, 2022 reflected in pro forma adjustments."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-006598","json":"https://secwatch.observer/filing/0001493152-23-006598.json","markdown":"https://secwatch.observer/filing/0001493152-23-006598.md","text":"https://secwatch.observer/filing/0001493152-23-006598.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1451448/000149315223006598/0001493152-23-006598-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1451448/000149315223006598/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T14:54:34.224633+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":"c32b4c7249eeef66365b832a0802b9e21e443f2f","claim":"ESPORTS ENTERTAINMENT GROUP, INC. completed a disposition involving Gameday Group PLC for $8,090,965 (closed 2023-02-24).","evidence_excerpt":"the sale of Prozone Limited with the Bethard Business herein referred to as the “Sale of the Bethard Business).” The purchase consideration was determined by the Company to be $8,090,965 comprised of cash received on the Closing date of €1,650,000 ($1,739,882 using exchange rates in effect on the Closing Date), holdback consideration, of €150,000 ($158,171 using","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1451448/000149315223006598/0001493152-23-006598-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"Gameday Group PLC"},{"label":"Consideration","value":"$8,090,965"},{"label":"Closing","value":"2023-02-24"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}