---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-032127"
form_type: "8-K"
ticker: "GMBL"
cik: "0001451448"
company_name: "ESPORTS ENTERTAINMENT GROUP, INC."
filed_at: "2023-09-08T23:59:59+00:00"
generated_at: "2026-06-10T22:05:13.200828+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Esports Entertainment receives Nasdaq bid price deficiency notice; 180 days to regain compliance

## Summary
- Nasdaq notified that common stock bid price closed below $1.00 for 30 consecutive business days.
- Company has until March 4, 2024 to regain compliance; needs $1.00 close for 10 consecutive days.
- Trading of common stock and other securities remains unaffected during the cure period.
- Company remains subject to a Panel Monitor through June 13, 2024 for prior equity deficiency.
- Management is evaluating alternatives to resolve the bid price deficiency.

## SEC filing metadata
- accession: 0001493152-23-032127
- form_type: 8-K
- ticker: GMBL
- cik: 0001451448
- company_name: ESPORTS ENTERTAINMENT GROUP, INC.
- filed_at: 2023-09-08T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1451448/000149315223032127/0001493152-23-032127-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1451448/000149315223032127/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-032127
- JSON: https://secwatch.observer/filing/0001493152-23-032127.json
- Plain text: https://secwatch.observer/filing/0001493152-23-032127.txt

## Key facts
- Listing & Compliance Notices
  ESPORTS ENTERTAINMENT GROUP, INC. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A), 5810(b)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2), 5810(c)(3)(A), 5810(b)
  source text: September 6, 2023, Esports Entertainment Group, Inc. (the “Company”) received a deficiency notification letter from the Listing Qualifications Staff of the Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company was not in compliance with Nasdaq Listing Rule 5550(a)(2) because the bid price for the Company’s common stock had closed below $1.00 per share for longer than the previous 30 consecutive business days. In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has 180 calendar days from the date of such notice, or until March 4, 2024, to regain compliance with the minimu
  evidence_url: https://www.sec.gov/Archives/edgar/data/1451448/000149315223032127/0001493152-23-032127-index.htm

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