---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-011299"
form_type: "8-K"
ticker: "SEGG"
cik: "0001673481"
company_name: "Sports Entertainment Gaming Global Corp"
filed_at: "2026-03-18T23:59:59+00:00"
generated_at: "2026-05-15T09:54:17.412772+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SEGG raises up to $11.8M via convertible notes with 12% interest, 15% OID

## Summary
- Up to $11,764,706 aggregate face value in multiple tranches; initial $3,529,412 funded at signing.
- Notes sold at 15% original issue discount, bear 12% annual interest, mature 24 months from issuance.
- Conversion price set at lower of issuance-date closing price or 95% of 5-day minimum VWAP, with 20% floor.
- Company also entered Registration Rights Agreement and engaged Dawson James Securities as placement agent.
- Holders subject to 4.99% beneficial ownership limitation, may increase to 9.99% on notice.

## SEC filing metadata
- accession: 0001493152-26-011299
- form_type: 8-K
- ticker: SEGG
- cik: 0001673481
- company_name: Sports Entertainment Gaming Global Corp
- filed_at: 2026-03-18T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1673481/000149315226011299/0001493152-26-011299-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1673481/000149315226011299/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-011299
- JSON: https://secwatch.observer/filing/0001493152-26-011299.json
- Plain text: https://secwatch.observer/filing/0001493152-26-011299.txt

## Source-grounded claims
- claim_id: 60870232fcb7c97270abf39ad4f81163d961d360
  claim: Sports Entertainment Gaming Global Corp incurred convertible notes of aggregate initial principal (face) amount of up to $11,764,705.88 with certain institutional investors at twelve percent (12%) per annum maturing twenty-four (24) months from its respective issuance date.
  evidence_excerpt: On March 16, 2026, Sports Entertainment Gaming Global Corporation, a Delaware corporation (the “ Company ”), entered into a Securities Purchase Agreement (the “ Purchase Agreement ”) with certain institutional investors (the “ Purchasers ”), pursuant to which the Company agreed to issue and sell to the Purchasers unsecured convertible promissory notes (the “ Notes ”) in an aggregate initial principal (face) amount of up to $11,764,705.88.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1673481/000149315226011299/0001493152-26-011299-index.htm
- claim_id: 33e37cc24546e0b526107aee08a15bfa1a94fb40
  claim: Sports Entertainment Gaming Global Corp entered into Placement Agency Agreement with Dawson James Securities, Inc. (effective 2026-03-16).
  evidence_excerpt: the Company entered into a Placement Agency Agreement, dated March 16, 2026, by and between the Company and Dawson James Securities, Inc., as placement agent
  evidence_url: https://www.sec.gov/Archives/edgar/data/1673481/000149315226011299/0001493152-26-011299-index.htm
- claim_id: ce1200347982fc5362c4e77880d9933b87e6e03f
  claim: Sports Entertainment Gaming Global Corp entered into Securities Purchase Agreement with certain institutional investors valued at $11,764,705.88 (effective 2026-03-16).
  evidence_excerpt: On March 16, 2026, Sports Entertainment Gaming Global Corporation, a Delaware corporation (the “ Company ”), entered into a Securities Purchase Agreement (the “ Purchase Agreement ”) with certain institutional investors
  evidence_url: https://www.sec.gov/Archives/edgar/data/1673481/000149315226011299/0001493152-26-011299-index.htm
- claim_id: f20cafb1de6d1cd30f6260bad8b6869b103d9ace
  claim: Sports Entertainment Gaming Global Corp entered into Registration Rights Agreement with certain institutional investors (effective 2026-03-16).
  evidence_excerpt: Concurrently with the Purchase Agreement, the Company entered into a Registration Rights Agreement (the “ Registration Rights Agreement ”) with the Purchasers
  evidence_url: https://www.sec.gov/Archives/edgar/data/1673481/000149315226011299/0001493152-26-011299-index.htm

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