---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-23-002892"
form_type: "8-K"
ticker: null
cik: "0001829966"
company_name: "EBET, Inc."
filed_at: "2023-05-03T23:59:59+00:00"
generated_at: "2026-06-16T01:34:16.264542+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# EBET: German regulator orders gaming platform shutdown by May 8; material revenue impact expected

## Summary
- German regulator sent letter to Aspire Global on Apr 25 requiring shutdown of for-cash gaming in Germany within 10 days; Aspire seeks extension/injunctive relief.
- If relief not granted, Aspire must shut down by midnight GMT May 8, affecting EBET's German websites and materially impacting revenues.
- On Apr 28, lender CP BF Lending provided limited waiver of $30M loan covenants until May 12; company does not expect to satisfy covenants.
- No assurance that covenant modifications or Aspire's regulatory relief will be successful.

## SEC filing metadata
- accession: 0001683168-23-002892
- form_type: 8-K
- cik: 0001829966
- company_name: EBET, Inc.
- filed_at: 2023-05-03T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.03, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1829966/000168316823002892/0001683168-23-002892-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1829966/000168316823002892/ebet_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-002892
- JSON: https://secwatch.observer/filing/0001683168-23-002892.json
- Plain text: https://secwatch.observer/filing/0001683168-23-002892.txt

## Key facts
- Debt Financings
  EBET, Inc. amended credit facility of $30,000,000 with CP BF Lending, LLC.
  - Instrument: credit facility
  - Principal: $30,000,000
  - Counterparty: CP BF Lending, LLC
  - Event: amendment
  source text: “Company”) entered a credit agreement (the “Credit Agreement”) with CP BF Lending, LLC (“Lender”), pursuant to which the Lender agreed to make a single loan to the Company of $30,000,000 (the “Loan”). The Loan required the Company to maintain certain minimum liquidity and other financial and other covenants. On April 28, 2023, the Lender provided the Company with
  evidence_url: https://www.sec.gov/Archives/edgar/data/1829966/000168316823002892/0001683168-23-002892-index.htm

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