---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-022680"
form_type: "8-K"
ticker: "SBET"
cik: "0001981535"
company_name: "Sharplink, Inc."
filed_at: "2025-08-08T23:59:59+00:00"
generated_at: "2026-05-17T16:50:29.323598+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# SharpLink raises $200M in registered direct offering to buy more Ether

## Summary
- Entered purchase agreements for 10.256M shares at $19.50/share; gross proceeds ~$200M.
- Net proceeds to acquire Ether (ETH); treasury expected to exceed $2.0B after deployment.
- Offering expected to close August 8, 2025; A.G.P./Alliance Global Partners lead placement agent.
- Four global institutional investors participated in the registered direct offering.

## SEC filing metadata
- accession: 0001641172-25-022680
- form_type: 8-K
- ticker: SBET
- cik: 0001981535
- company_name: Sharplink, Inc.
- filed_at: 2025-08-08T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1981535/000164117225022680/0001641172-25-022680-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1981535/000164117225022680/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-022680
- JSON: https://secwatch.observer/filing/0001641172-25-022680.json
- Plain text: https://secwatch.observer/filing/0001641172-25-022680.txt

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