Sports Entertainment Gaming Global Corp (SEGG): debt financing — SEGG issues $3.5M 12% convertible note with 15% OID to Amorua Global

Sports Entertainment Gaming Global Corp

Principal $3.5M, 12% annual interest, 24-month maturity, 15% original issue discount.
Conversion price is lower of issuance closing price or 95% of lowest 5-day VWAP; 9.99% ownership cap.
Net proceeds for general corporate purposes; $500k to repay Alumni Capital note.
Company to file S-1 registration for resale of conversion shares within 45 days.
Note issued under Section 4(a)(2)/Reg D exemption; securities not registered.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Sports Entertainment Gaming Global Corp incurred convertible notes of $3,500,000 with Amorua Global, Inc. at 12% per annum maturing 24 months from the Closing Date.

Instrument: convertible notes
Principal: $3,500,000
Counterparty: Amorua Global, Inc.
Rate: 12% per annum
Maturity: 24 months from the Closing Date
Event: incurrence

Exact text from the filing

On May 26, 2026 (the “Closing Date”), Sports Entertainment Gaming Global Corporation (the “Company”) entered into a Securities Purchase Agreement (the “Purchase Agreement”) with Amorua Global, Inc. (“Amorua” or the “Investor”), pursuant to which the Company issued to the Investor an unsecured convertible promissory note (the “Note”) in an original principal amount of $3,500,000.

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Sports Entertainment Gaming Global Corp entered into Securities Purchase Agreement with Amorua Global, Inc. valued at $3,500,000 (effective 2026-05-26).

Action: entry
Agreement: equity purchase
Counterparty: Amorua Global, Inc.
Value: $3,500,000
Effective: 2026-05-26

Exact text from the filing

On May 26, 2026 (the “Closing Date”), Sports Entertainment Gaming Global Corporation (the “Company”) entered into a Securities Purchase Agreement (the “Purchase Agreement”) with Amorua Global, Inc. (“Amorua” or the “Investor”), pursuant to which the Company issued to the Investor an unsecured convertible promissory note (the “Note”) in an original principal amount of $3,500,000.

View on SEC.gov

309 debt financings filed in the last 30 days. Browse all debt financings →

Sports Entertainment Gaming Global Corp filing history →

Source: SEC EDGAR

accession 0001493152-26-027127

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