{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-045996","form_type":"8-K","ticker":"GMBL","cik":"0001451448","company_name":"ESPORTS ENTERTAINMENT GROUP, INC.","filed_at":"2023-12-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.112486+00:00","generated_at":"2026-06-07T07:51:35.037395+00:00","sec_items":["3.03","5.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Esports Entertainment Group effects 1-for-400 reverse stock split, reduces authorized shares","bullets":["Reverse stock split 1-for-400 reduces outstanding shares from ~426M to ~1.065M.","Authorized shares reduced from 500M to 1.25M; company will seek stockholder approval to increase.","Nasdaq Panel granted exception until Jan 24, 2024 to demonstrate bid price compliance.","Reverse split effective Dec 21, 2023; no fractional shares issued (rounded up).","Adjustments made to conversion prices for Series C and D preferred stock and warrants."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-045996","json":"https://secwatch.observer/filing/0001493152-23-045996.json","markdown":"https://secwatch.observer/filing/0001493152-23-045996.md","text":"https://secwatch.observer/filing/0001493152-23-045996.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1451448/000149315223045996/0001493152-23-045996-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1451448/000149315223045996/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T07:51:35.037395+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8d3e883f75edeb1cc9efe3bbe312692f8540f114","claim":"ESPORTS ENTERTAINMENT GROUP, INC.: Filed a Certificate of Change to effect a 1-for-400 reverse stock split and decrease authorized shares from 500 million to 1.25 million (effective 2023-12-21).","evidence_excerpt":"On December 22, 2023, Esports Entertainment Group, Inc. (the “Company”) filed a Certificate of Change (the “Certificate of Change”) with the Secretary of State of the State of Nevada to (i) effect a 1-for-400 reverse stock split (the “Reverse Stock Split”) of the Company’s issued and outstanding shares of common stock, par value $0.001 per share (the “Common Stock”), and (ii) decrease the number of total authorized shares of Common Stock from 500 million shares to 1.25 million shares.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1451448/000149315223045996/0001493152-23-045996-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2023-12-21"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}