---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-009433"
form_type: "8-K"
ticker: "SBET"
cik: "0001981535"
company_name: "Sharplink, Inc."
filed_at: "2024-03-08T23:59:59+00:00"
generated_at: "2026-06-05T00:51:33.376358+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# SharpLink exchanges $900K warrant for shares, pre-funded warrant, and $260K balance warrant

## Summary
- Exchanged 880K-share warrant (Black-Scholes value $900K) for 156,207 shares, pre-funded warrant for 469,560 shares, and a balance warrant valued at $260,111.
- Balance warrant subject to repurchase per Jan 2024 Settlement Agreement: earlier of June 30, 2024, $3M raise, or fundamental transaction.
- Issue exempt from registration under Section 3(a)(9); shares take on registered characteristics of exchanged warrant.
- Transaction closed March 8, 2024; Alpha Capital Anstalt is the investor.

## SEC filing metadata
- accession: 0001493152-24-009433
- form_type: 8-K
- ticker: SBET
- cik: 0001981535
- company_name: Sharplink, Inc.
- filed_at: 2024-03-08T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1981535/000149315224009433/0001493152-24-009433-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1981535/000149315224009433/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-009433
- JSON: https://secwatch.observer/filing/0001493152-24-009433.json
- Plain text: https://secwatch.observer/filing/0001493152-24-009433.txt

## Key facts
- Material Agreements
  Sharplink, Inc. entered into Exchange Agreement with Alpha (effective 2024-03-06).
  - Action: entry
  - Counterparty: Alpha
  - Effective: 2024-03-06
  source text: r the “Company”), issued a warrant to Alpha Capital Anstalt (“Alpha”) to purchase 880,000 common shares (as adjusted for the 1-for-10 -reverse stock split) of the Company (the “2023 Warrant”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1981535/000149315224009433/0001493152-24-009433-index.htm
- Material Agreements
  Sharplink, Inc. entered into Settlement Agreement with Alpha Capital Anstalt (effective 2024-01-19).
  - Action: entry
  - Agreement: settlement
  - Counterparty: Alpha Capital Anstalt
  - Effective: 2024-01-19
  source text: r the “Company”), issued a warrant to Alpha Capital Anstalt (“Alpha”) to purchase 880,000 common shares (as adjusted for the 1-for-10 -reverse stock split) of the Company (the “2023 Warrant”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1981535/000149315224009433/0001493152-24-009433-index.htm

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