---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-026114"
form_type: "8-K"
ticker: "GMBL"
cik: "0001451448"
company_name: "ESPORTS ENTERTAINMENT GROUP, INC."
filed_at: "2023-07-31T23:59:59+00:00"
generated_at: "2026-06-12T21:55:52.655834+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Esports Entertainment Group converts $414,726 of Series C Preferred into 939,009 common shares

## Summary
- Holder converted $414,726 Series C Preferred into 939,009 common shares at 90% of 10-day low VWAP.
- Conversions follow April/May 2023 exchange of $15.23M Senior Convertible Note into Series C Preferred.
- After conversions, approx. $13.736M of Series C Preferred remains outstanding.
- Shares issued were unregistered, relying on Section 3(a)(9) exemption.
- Company intends to continue additional equity conversions under same terms.

## SEC filing metadata
- accession: 0001493152-23-026114
- form_type: 8-K
- ticker: GMBL
- cik: 0001451448
- company_name: ESPORTS ENTERTAINMENT GROUP, INC.
- filed_at: 2023-07-31T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 3.02, 1.01, 5.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1451448/000149315223026114/0001493152-23-026114-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1451448/000149315223026114/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-026114
- JSON: https://secwatch.observer/filing/0001493152-23-026114.json
- Plain text: https://secwatch.observer/filing/0001493152-23-026114.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.