---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-039780"
form_type: "8-K"
ticker: "GMBL"
cik: "0001451448"
company_name: "ESPORTS ENTERTAINMENT GROUP, INC."
filed_at: "2023-11-07T23:59:59+00:00"
generated_at: "2026-06-08T14:36:05.277520+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Esports Entertainment issues ~3.6M shares on conversion, sells 8.2M shares via ATM through Nov 6

## Summary
- Converted ~$189k preferred principal + $1k dividends into 3.57M shares at 90% of lowest VWAP.
- From Oct 23 to Nov 6, sold 8.23M shares via ATM for gross ~$520k; net $504k after $16k fees.
- After conversions, ~$6.28M of Series C Preferred remains; ~$5.99M shares available under ATM.
- ATM proceeds split 50/50 with preferred holder; ~$206k escrowed, need $250k to release.
- Total shares outstanding as of Nov 6: 79.1M.

## SEC filing metadata
- accession: 0001493152-23-039780
- form_type: 8-K
- ticker: GMBL
- cik: 0001451448
- company_name: ESPORTS ENTERTAINMENT GROUP, INC.
- filed_at: 2023-11-07T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.02, 1.01, 5.03, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1451448/000149315223039780/0001493152-23-039780-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1451448/000149315223039780/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-039780
- JSON: https://secwatch.observer/filing/0001493152-23-039780.json
- Plain text: https://secwatch.observer/filing/0001493152-23-039780.txt

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