---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-003505"
form_type: "8-K"
ticker: null
cik: "0001025561"
company_name: "SharpLink Gaming Ltd."
filed_at: "2024-01-24T23:59:59+00:00"
generated_at: "2026-06-06T18:57:49.773261+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# SharpLink sells fantasy/sports game units for $22.5M cash; repays $19.4M debt; COO resigns

## Summary
- Sold SportsHub/fantasy sports and F2P game dev units to RSports Interactive for $22.5M all-cash.
- Used ~$14.9M to repay Platinum Bank term loans/lines and ~$4.5M to redeem Alpha Capital debenture.
- Headcount reduced from 51 to 5; company becomes pure-play performance marketing business.
- COO and board member Chris Nicholas resigned effective Jan 19, 2024; role not replaced.
- Expects improved equity to regain Nasdaq minimum listing compliance.

## SEC filing metadata
- accession: 0001493152-24-003505
- form_type: 8-K
- cik: 0001025561
- company_name: SharpLink Gaming Ltd.
- filed_at: 2024-01-24T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.01, 1.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1025561/000149315224003505/0001493152-24-003505-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1025561/000149315224003505/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-003505
- JSON: https://secwatch.observer/filing/0001493152-24-003505.json
- Plain text: https://secwatch.observer/filing/0001493152-24-003505.txt

## Key facts
- Executive change
  Chris Nicholas resigned as member of the Board of Directors at SharpLink Gaming Ltd..
  - Action: resigned
  - Role: member of the Board of Directors
  source text: On January 19, 2024 in connection with the Equity Sale, Chris Nicholas, the Company’s Chief Operating Officer and member of the Board of Directors, tendered his resignation as an officer and director of SharpLink.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1025561/000149315224003505/0001493152-24-003505-index.htm
- Executive change
  Chris Nicholas resigned as Chief Operating Officer at SharpLink Gaming Ltd..
  - Action: resigned
  - Role: Chief Operating Officer
  source text: On January 19, 2024 in connection with the Equity Sale, Chris Nicholas, the Company’s Chief Operating Officer and member of the Board of Directors, tendered his resignation as an officer and director of SharpLink.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1025561/000149315224003505/0001493152-24-003505-index.htm
- M&A Transactions
  SharpLink Gaming Ltd. completed a disposition involving RSports Interactive, Inc. for $22,500,000 in an all cash transaction (closed 2024-01-18).
  - Action: disposition
  - Counterparty: RSports Interactive, Inc.
  - Consideration: $22,500,000 in an all cash transaction
  - Closing: 2024-01-18
  source text: The PA contemplates the sale of the Company’s Fantasy Sports and Sports Game Development business units to the Buyer, by selling all of the issued and outstanding shares of common stock or membership interests of the Targets and the Acquired Subsidiaries (as defined below) for $22,500,000 in an all cash transaction (the “Equity Sale”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1025561/000149315224003505/0001493152-24-003505-index.htm

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