Extracted from this filing and checked against the source text.
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.85
ESPORTS ENTERTAINMENT GROUP, INC. entered into Waiver Agreement with Holder of Series C Convertible Preferred Stock and Series D Convertible Preferred Stock valued at Waiver allowed Company to proceed with initial filing of registration statement on Form S-3 MEF and (effective 2023-09-15).
- Action
- entry
- Agreement
- atm program
- Counterparty
- Holder of Series C Convertible Preferred Stock and Series D Convertible Preferred Stock
- Value
- Waiver allowed Company to proceed with initial filing of registration statement on Form S-3 MEF and
- Effective
- 2023-09-15
Exact text from the filing
The Company entered into a waiver agreement (“Waiver”) on September 15, 2023, with the Holder of the Series C Convertible Preferred Stock and the Series D Convertible Preferred Stock, as a condition to filing the registration statement on Form S-3 MEF on September 15, 2023 and the prospectus supplement on September 15, 2023 for the “at the market” offering.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
ESPORTS ENTERTAINMENT GROUP, INC. entered into Equity Distribution Agreement with Maxim Group LLC valued at Aggregate gross sales proceeds of up to $7,186,257; compensation equal to 3.0% of gross proceeds (effective 2023-09-15).
- Action
- entry
- Agreement
- atm program
- Counterparty
- Maxim Group LLC
- Value
- Aggregate gross sales proceeds of up to $7,186,257; compensation equal to 3.0% of gross proceeds
- Effective
- 2023-09-15
Exact text from the filing
On September 15, 2023, Esports Entertainment Group, Inc. (the “Company”) entered into an Equity Distribution Agreement (the “Equity Distribution Agreement”) with Maxim Group LLC (“Maxim Group”) under which the Company may offer and sell, from time to time at its sole discretion, shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”), with aggregate gross sales proceeds of up to $7,186,257 through an “at the market” equity offering program under which Maxim Group will act as sales agent.
View on SEC.gov