SharpLink Gaming Ltd.: Nasdaq/NYSE listing notice — SharpLink Gaming cures Nasdaq bid-price deficiency, avoids delisting

SharpLink Gaming Ltd.

Effected 1-for-10 reverse stock split on April 25, 2023 to cure bid price.
Nasdaq staff initially determined non-compliance by May 3 deadline on May 5.
Company requested appeal by May 12; Nasdaq later confirmed cure on May 10.
Closing bid price exceeded $1.00 for ten consecutive days through May 9, 2023.
Ordinary shares (SBET) will continue trading on Nasdaq Capital Market.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

SharpLink Gaming Ltd. received a nasdaq compliance regained notice regarding minimum bid price (rules 5550(a)(2)).

Exchange: nasdaq
Notice: compliance regained
Deficiency: minimum bid price
Rules: 5550(a)(2)

Exact text from the filing

May 10, 2023, Nasdaq notified the Company that since the bid price of the Company’s ordinary shares closed above $1.00 for ten consecutive trading days from April 26, 2023 through May 9, 2023, the Company had cured the bid price deficiency, its ordinary shares would not be suspended or delisted and the matter was considered closed. As a result, the Company is currently in compliance with the Rule and the Company’s ordinary shares will continue to trade on The Nasdaq Capital Market under the symbol “SBET.” 2 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Reg

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Source: SEC EDGAR

accession 0001493152-23-016196

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