{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-027127","form_type":"8-K","ticker":"SEGG","cik":"0001673481","company_name":"Sports Entertainment Gaming Global Corp","filed_at":"2026-06-03T21:15:09+00:00","discovered_at":"2026-06-03T21:16:00.208694+00:00","generated_at":"2026-06-03T21:17:24.195580+00:00","sec_items":["1.01","2.03","3.02"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"SEGG issues $3.5M 12% convertible note with 15% OID to Amorua Global","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-027127","json":"https://secwatch.observer/filing/0001493152-26-027127.json","markdown":"https://secwatch.observer/filing/0001493152-26-027127.md","text":"https://secwatch.observer/filing/0001493152-26-027127.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1673481/000149315226027127/0001493152-26-027127-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1673481/000149315226027127/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T21:17:24.195580+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":"e42d56215e4fa98f5bb254de7b74bcc43445edad","claim":"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.","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1673481/000149315226027127/0001493152-26-027127-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$3,500,000"},{"label":"Counterparty","value":"Amorua Global, Inc."},{"label":"Rate","value":"12% per annum"},{"label":"Maturity","value":"24 months from the Closing Date"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"27c13693547f2c0df2a208663e3f7d4e4629e19d","claim":"Sports Entertainment Gaming Global Corp entered into Securities Purchase Agreement with Amorua Global, Inc. valued at $3,500,000 (effective 2026-05-26).","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1673481/000149315226027127/0001493152-26-027127-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Amorua Global, Inc."},{"label":"Value","value":"$3,500,000"},{"label":"Effective","value":"2026-05-26"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}