Esports Entertainment regains Nasdaq minimum equity compliance via note exchange

ESPORTS ENTERTAINMENT GROUP, INC.

Exchanged $15.23M Senior Convertible Note into 15,230 shares of new Series C Preferred Stock.
Stockholders' equity now above $2.5M minimum requirement for continued listing.
Nasdaq had granted extension to April 30, 2023; company satisfied condition.
Nasdaq will monitor ongoing compliance; delisting risk if not maintained at next periodic report.
Note-to-Preferred exchange consummated April 28, 2023, previously disclosed on April 20, 2023 Form 8-K.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.