---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-043249"
form_type: "8-K"
ticker: "GMBL"
cik: "0001451448"
company_name: "ESPORTS ENTERTAINMENT GROUP, INC."
filed_at: "2023-11-30T23:59:59+00:00"
generated_at: "2026-06-07T19:50:24.497746+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 deficiency notice for failing $2.5M equity rule

## Summary
- Received Nasdaq deficiency letter on Nov 28, 2023 for failing the $2,500,000 minimum stockholders' equity requirement.
- Stockholders' equity as of Sep 30, 2023 was below the required $2.5 million minimum.
- Nasdaq Hearings Panel will consider the deficiency at a hearing scheduled for Dec 14, 2023.
- Company also faces a previously disclosed minimum bid price deficiency under Nasdaq Listing Rule 5550(a)(2).
- No assurance that the Company will regain compliance or satisfy Panel requirements for continued listing.

## SEC filing metadata
- accession: 0001493152-23-043249
- form_type: 8-K
- ticker: GMBL
- cik: 0001451448
- company_name: ESPORTS ENTERTAINMENT GROUP, INC.
- filed_at: 2023-11-30T23:59:59+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/1451448/000149315223043249/0001493152-23-043249-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1451448/000149315223043249/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-043249
- JSON: https://secwatch.observer/filing/0001493152-23-043249.json
- Plain text: https://secwatch.observer/filing/0001493152-23-043249.txt

## Key facts
- Listing & Compliance Notices
  ESPORTS ENTERTAINMENT GROUP, INC. received a nasdaq deficiency notice notice regarding stockholders equity (rules 5550(b)(1)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: stockholders equity
  - Rules: 5550(b)(1)
  source text: November 28, 2023, Esports Entertainment Group, Inc. (the “Company”) received a deficiency notification letter from the Listing Qualifications Staff (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company was not in compliance with the $2,500,000 minimum stockholders’ equity requirement, as outlined in Nasdaq Listing Rule 5550(b)(1) (the “Equity Rule”) because the Company’s reported stockholders’ equity as of September 30, 2023 was below this minimum amount. The notification advised the Company that the Nasdaq Hearings Panel (the “Panel”) will consider this matter i
  evidence_url: https://www.sec.gov/Archives/edgar/data/1451448/000149315223043249/0001493152-23-043249-index.htm

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