ESPORTS ENTERTAINMENT GROUP, INC. (GMBL): Nasdaq/NYSE listing notice — Esports Entertainment gets Nasdaq extension to April 30 to meet $2.5M equity rule

ESPORTS ENTERTAINMENT GROUP, INC.

Received Nasdaq extension to April 30, 2023, to satisfy $2.5M stockholders' equity requirement under Listing Rule 5550(b)(1).
Company pursuing definitive steps to comply but cautions there can be no assurances of regaining compliance.
If not compliant by deadline, Nasdaq will issue delisting notification; securities include GMBL, GMBLW, GMBLP, GMBLZ.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.96

ESPORTS ENTERTAINMENT GROUP, INC. received a nasdaq extension granted notice regarding stockholders equity (rules 5550(b)(1)).

Exchange: nasdaq
Notice: extension granted
Deficiency: stockholders equity
Rules: 5550(b)(1)

Exact text from the filing

April 6, 2023, Esports Entertainment Group, Inc. (the “Company”) received a notice from The Nasdaq Stock Market LLC’s (“Nasdaq”) Hearings Panel (the “Panel”), that the Panel had granted the Company an extension until April 30, 2023, to demonstrate compliance with the $2,500,000 stockholders’ equity requirement, as outlined in Listing Rule 5550(b)(1). The Company is in the process of taking definitive steps to comply with this and all applicable conditions and criteria for continued listing on Nasdaq. There can be no assurances, however, that the Company will be able to do so. The Company must

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Source: SEC EDGAR

accession 0001493152-23-011800

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