---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-040593"
form_type: "8-K"
ticker: "GMBL"
cik: "0001451448"
company_name: "ESPORTS ENTERTAINMENT GROUP, INC."
filed_at: "2023-11-13T23:59:59+00:00"
generated_at: "2026-06-08T04:52:07.909860+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Esports Entertainment converts $221K of preferred into 4.42M shares; ATM raises $364K

## Summary
- Converted ~$219K principal + $2K dividends of Series C Preferred into 4,422,000 common shares at 90% of lowest VWAP.
- Remaining Series C preferred outstanding ~$6.076M; additional conversions expected.
- Sold 7,199,151 shares via ATM for gross $364K; net $353K split 50% to company, 50% to preferred holder.
- Redeemed 312 shares of Series D Preferred from escrow proceeds; $322K disbursed to holder.
- Total common shares outstanding as of Nov 10, 2023: 90,755,269.

## SEC filing metadata
- accession: 0001493152-23-040593
- form_type: 8-K
- ticker: GMBL
- cik: 0001451448
- company_name: ESPORTS ENTERTAINMENT GROUP, INC.
- filed_at: 2023-11-13T23:59:59+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/1451448/000149315223040593/0001493152-23-040593-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1451448/000149315223040593/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-040593
- JSON: https://secwatch.observer/filing/0001493152-23-040593.json
- Plain text: https://secwatch.observer/filing/0001493152-23-040593.txt

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