Esports Entertainment converts $198k Series C Preferred into 2M+ shares; dilution continues

ESPORTS ENTERTAINMENT GROUP, INC.

Holder converted ~$198,000 of Series C Preferred into 2,025,883 common shares at 90% of lowest 10-day VWAP.
Accrued dividends increased by ~$47,000 as part of conversion adjustments.
Remaining Series C Preferred outstanding ~$6,495,000 after conversions; further conversions expected.
Common shares outstanding as of Sept 29, 2023: 58,878,941.
Conversions were unregistered, exempt under Section 3(a)(9) of Securities Act.

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