{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-015056","form_type":"8-K","ticker":"GMBL","cik":"0001451448","company_name":"ESPORTS ENTERTAINMENT GROUP, INC.","filed_at":"2023-05-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.914522+00:00","generated_at":"2026-06-16T04:50:49.186180+00:00","sec_items":["1.01","3.02","5.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Esports Entertainment raises ~$4M via Series D Convertible Preferred and warrants","bullets":["Sold 4,300 shares Series D Preferred at $1,000/share, common warrants for 1,433,333 shares at $1.96, preferred warrants for 4,300 shares.","Net proceeds estimated at $4M after 7% placement agent fee to Maxim Group LLC.","Series D terms: conversion price $3.00, alternate conversion price 90% of lowest VWAP over 10 days, floor price $0.39, 5-year warrants.","Issuance requires stockholder approval if conversion shares exceed 20% of outstanding common.","Registration rights agreement requires filing within 60 days, effectiveness within 120 days."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-015056","json":"https://secwatch.observer/filing/0001493152-23-015056.json","markdown":"https://secwatch.observer/filing/0001493152-23-015056.md","text":"https://secwatch.observer/filing/0001493152-23-015056.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1451448/000149315223015056/0001493152-23-015056-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1451448/000149315223015056/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T04:50:49.186180+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":"1ee8aed1f1f68cadd1c26a98a0ca1da50d0d4e63","claim":"ESPORTS ENTERTAINMENT GROUP, INC.: Filed a certificate of designation for Series C Convertible Preferred Stock, amending the powers, designations, preferences and other rights of preferred stock (effective 2023-04-28).","evidence_excerpt":"On April 28, 2023, the Company filed a certificate of designation (the “Series C Certificate of Designations”), with the Secretary of State of the State of Nevada regarding the Company’s shares of preferred stock, par value $0.001 per share, designated as Series C Convertible Preferred Stock, to amend certain powers, designations, preferences and other rights set forth therein.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1451448/000149315223015056/0001493152-23-015056-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2023-04-28"}],"fact_type":"governance_change"},{"claim_id":"788b198f7c749c305e048893ad08f5bbe023f399","claim":"ESPORTS ENTERTAINMENT GROUP, INC. entered into Securities Purchase Agreement with an institutional investor valued at approximately $4,000,000 (effective 2023-04-30).","evidence_excerpt":"On April 30, 2023, Esports Entertainment Group, Inc. (the “Company,” “we,” “our,” and “us”) entered into a securities purchase agreement (the “Securities Purchase Agreement”) with an institutional investor (the “Investor”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1451448/000149315223015056/0001493152-23-015056-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"an institutional investor"},{"label":"Value","value":"approximately $4,000,000"},{"label":"Effective","value":"2023-04-30"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}