IPO - SharpLink Gaming, Inc.

Form Type: S-3ASR

Filing Date: 2025-06-12

Corporate Action: Ipo

Type: New

Accession Number: 000164117225014878

Filing Summary: SharpLink Gaming, Inc. filed a registration statement on Form S-3ASR on June 12, 2025, to register for sale 58,699,760 shares of common stock, alongside the issuance of other securities including pre-funded warrants, strategic advisor warrants, and placement agent warrants. The filing details the intention for certain stockholders to sell the shares over time in various ways and at varying prices. It also outlines the company's strategic focus on incorporating blockchain technology into online gaming and crypto gaming, highlighting recent acquisitions, the need for diversification through Ether treasury strategy, and its performance-based marketing operations. The document alerts investors about the inherent risks involved in investing in these securities, instructing them to consider risk factors associated with the business operations. Key recent developments include a reverse stock split approved by stockholders and the successful completion of a PIPE offering for significant capital raise. Overall, this filing supports the company's efforts to leverage new market opportunities and expand its operational capabilities in the evolving landscape of online gaming.

Form Type: S-3ASR

Filing Date: 2025-05-30

Corporate Action: Ipo

Type: New

Accession Number: 000164117225013115

Filing Summary: SharpLink Gaming, Inc. has filed a registration statement under the Securities Act of 1933, allowing the company to issue and sell securities to the public as deemed appropriate. The document outlines the flexibility for SharpLink to issue common stock, preferred stock, warrants, debt securities, and units under a shelf registration process. This includes a significant ATM Sales Agreement for up to $1 billion in common stock. The strategic focus involves an expansion into the global crypto gaming market, enhancing lead generation capabilities by partnering with crypto-focused gaming platforms. Additionally, SharpLink has made moves to diversify their service offerings to capitalize on emerging trends in blockchain technology within the gaming industry. There is also mention of significant financial activities, including a previous acquisition and equity stake in a crypto gaming company, and the company has experienced fluctuations in revenue from affiliate marketing services in recent years. Important risk factors related to the investments and potential changes in market conditions are also outlined.

Form Type: 424B4

Filing Date: 2025-05-20

Corporate Action: Ipo

Type: New

Accession Number: 000164117225011766

Filing Summary: SharpLink Gaming, Inc. is conducting a public offering to sell up to 34,000 shares of common stock at a price of $2.94 per share, alongside 1,496,612 Pre-Funded Warrants to purchase shares of common stock. The offering provides an opportunity for purchasers to acquire Pre-Funded Warrants if their ownership would exceed specified thresholds after the offering. The offering is expected to close by May 30, 2025, with no minimum offering amounts required, which presents a risk regarding the achievement of corporate objectives. Additionally, the company aims to leverage blockchain technology to tap into the growing online gaming market, hence diversifying its service offerings. SharpLink's recent expansion into the crypto gaming sector is highlighted by the acquisition of a 10% equity stake in Armchair Enterprises Limited, emphasizing the strategic direction towards integrating cryptocurrencies within gaming operations. The document notes the incorporation of innovative marketing solutions and strategic partnerships to enhance lead generation capabilities. The financial status and growth metrics are indicative of planned expansion and operational strategy shifts.

Form Type: S-1/A

Filing Date: 2025-05-19

Corporate Action: Ipo

Type: Update

Accession Number: 000164117225011329

Filing Summary: On May 19, 2025, SharpLink Gaming, Inc. filed an amendment to its Form S-1 registration statement for a public offering. The company aims to offer up to 1,520,270 shares of common stock and up to 1,520,270 pre-funded warrants to purchase common stock, at an assumed public offering price of $2.96 per share. This public offering involves the issuance of securities under a securities purchase agreement. If purchasers of common stock exceed certain beneficial ownership thresholds, they have the option to purchase pre-funded warrants instead. SharpLink's common stock trades on Nasdaq under the symbol 'SBET.' The document summarizes the company's expansion strategies, including its entry into the crypto gaming market and the recent acquisition of a stake in Armchair Enterprises Limited, which operates CryptoCasino.com. Additionally, the filing highlights the implications of a recent reverse stock split effective May 5, 2025, where the company executed a one-for-twelve reverse stock split. It also underscores potential risks related to the offering and the uncertainty surrounding the capital-raising efforts.

Form Type: CORRESP

Filing Date: 2025-05-19

Corporate Action: Ipo

Type: New

Accession Number: 000164117225011424

Filing Summary: SharpLink Gaming, Inc. has submitted a request for the U.S. Securities and Exchange Commission to take action on its Registration Statement on Form S-1, seeking effectiveness on May 20, 2025, at 9:00 a.m. Eastern Time. The request is made under Rule 461 of the Securities Act of 1933, indicating the Company’s intent to proceed with its initial public offering. The correspondence emphasizes the urgency and importance of having the registration declared effective. Contact details for outside counsel, Faith L. Charles, are provided for any inquiries regarding this request, as well as instructions to notify the Company once the Registration Statement is effective. The document is signed by Rob Phythian, the Chief Executive Officer of SharpLink Gaming, Inc.

Form Type: S-1/A

Filing Date: 2025-05-06

Corporate Action: Ipo

Type: Update

Accession Number: 000164117225008765

Filing Summary: On May 6, 2025, SharpLink Gaming, Inc. filed an amendment to its S-1 registration statement with the SEC to outline a public offering of up to 1,016,260 shares of common stock and related securities. The company emphasizes its focus on leveraging blockchain technology to enhance its market position within the online gaming sector, particularly in the rapidly emerging crypto gaming market. Following a year-long due diligence process, SharpLink aims to diversify its service offerings and enhance its value proposition to stakeholders. The document details terms of securities offered, including pre-funded warrants and various common stock warrants, outlining the pricing mechanism linked to market conditions. SharpLink is viewed as well-positioned to emerge as a competitive player due to strategic acquisitions, including a 10% stake in Armchair Enterprises, enhancing its foothold in the crypto gaming landscape. The company also highlights ongoing risks and uncertainties, affirming the offering's dependence on effective market execution. Cash proceeds from this offering are intended for operational expansion and business development.

Form Type: S-1

Filing Date: 2025-05-05

Corporate Action: Ipo

Type: New

Accession Number: 000164117225008476

Filing Summary: SharpLink Gaming, Inc., a Delaware-based online performance marketing company, filed a registration statement under the Securities Act of 1933 on May 5, 2025, seeking to offer shares of common stock and related warrants to the public. This offering will provide the company with an opportunity to expand its presence in the rapidly growing iGaming and crypto gaming markets. Key highlights include: a reverse stock split at a ratio of one-for-twelve, effective on May 5, 2025, which was approved by the board and stockholders. The prospectus outlines an offering of common stock, pre-funded warrants, and Series A-1 and Series A-2 common stock warrants with no minimum offering amount required for closing. SharpLink aims to tap into the crypto gaming expansion, leveraging its marketing solutions and strategic partnerships to enhance its value and capitalize on the increasing integration of cryptocurrencies within the sector. The company has also acquired a 10% equity stake in Armchair Enterprises Limited for $500,000 to further penetrate the digital gaming market. Additionally, the offering intends to terminate no later than May 30, 2025. The document emphasizes the risks associated with the investment and provides detailed information about the use of funds, market strategy, and compensation arrangements for the placement agent involved in the offering.

Form Type: CORRESP

Filing Date: 2025-05-05

Corporate Action: Ipo

Type: New

Accession Number: 000164117225008644

Filing Summary: SharpLink Gaming, Inc. is requesting the acceleration of the effective date of their Registration Statement on Form S-1, specifically File No. 333-286964. The request, submitted by A.G.P / Alliance Global Partners as the sole Placement Agent, aims for the statement to become effective at 5:00 p.m. Eastern Time on May 6, 2025, or as soon thereafter as practicable.

Form Type: DRS

Filing Date: 2025-03-18

Corporate Action: Ipo

Type: New

Accession Number: 000149315225010795

Filing Summary: SharpLink Gaming, Inc. filed a confidential draft registration statement with the SEC on March 18, 2025, under Form S-1 for a public offering of securities. The offering includes common stock and associated warrants, with plans to utilize blockchain technology as part of its growth strategy in the gaming and sports betting markets. The company has recently acquired a 10% stake in Armchair Enterprises, positioning itself within the rapidly expanding crypto gaming sector. Their expansion comes after a thorough evaluation of opportunities and aims to leverage partnerships to enhance lead generation and marketing solutions within emerging online gaming economies. Additionally, SharpLink recently sold parts of its business, closing various strategic transactions to focus on high-potential areas like crypto gaming. The company plans to continue its expansion and utilize the proceeds from the offering to support its growth objectives, with the overall strategy being to diversify its service offerings and enhance shareholder value.