{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-026917","form_type":"8-K","ticker":"GMBL","cik":"0001451448","company_name":"ESPORTS ENTERTAINMENT GROUP, INC.","filed_at":"2023-08-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.971980+00:00","generated_at":"2026-06-12T05:52:58.367593+00:00","sec_items":["3.02","1.01","5.03"],"event_type":"other_material","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Esports Entertainment converts $3.8M Series C into 8.8M shares; misses approval deadline","bullets":["Converted $3,825,947 Series C preferred into 8,755,749 common shares at 90% of lowest 10-day VWAP.","Shares outstanding rose to 14,332,080 as of Aug 3, 2023; ~$11.1M Series C principal remains.","Obligation to increase dividends by $1,127,148 due to conversion price below $0.44 floor.","Will miss Aug 15, 2023 stockholder approval deadline under Series D SPA; penalty risk.","Filing failure under Registration Rights Agreement triggers 0.5% monthly penalty on Series D purchase price."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-026917","json":"https://secwatch.observer/filing/0001493152-23-026917.json","markdown":"https://secwatch.observer/filing/0001493152-23-026917.md","text":"https://secwatch.observer/filing/0001493152-23-026917.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1451448/000149315223026917/0001493152-23-026917-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1451448/000149315223026917/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T05:52:58.367593+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}