other material
confidence high
sentiment negative
materiality 0.50
Esports Entertainment converts $268,710 of Series C Preferred into 318,966 common shares
ESPORTS ENTERTAINMENT GROUP, INC.
- Holder converted $268,710 Series C Preferred into 318,966 shares at 90% of lowest VWAP.
- Approximately $14.33M of Series C Preferred remains outstanding after these conversions.
- Shares issued unregistered under Section 3(a)(9) of the Securities Act.
- Company expects to continue additional equity conversions on same terms.