M&A - SharpLink Gaming, Inc.

Form Type: 10-K

Filing Date: 2025-03-14

Corporate Action: Acquisition

Type: Update

Accession Number: 000143774925007734

Filing Summary: SharpLink Gaming, Inc. is an online performance-based marketing company focused on generating leads for sportsbook and casino gaming partners. A significant event in the reporting period includes the discontinuation of its C4 sports betting conversion technology due to low market acceptance. Additionally, the company's strategic acquisition of FourCubed brought significant affiliate marketing experience and partnerships with major online casino operators. As of March 14, 2025, there are 6,903,056 shares of common stock outstanding.

Document Link: View Document

Form Type: 8-K

Filing Date: 2025-02-28

Corporate Action: Acquisition

Type: New

Accession Number: 000149315225008559

Filing Summary: On February 24, 2025, SharpLink Gaming, Inc. entered into a subscription and investment agreement with Armchair Enterprises Limited to acquire a 10% equity stake in Armchair for $500,000. The agreement grants SharpLink a Right of First Refusal (ROFR) to acquire a controlling stake in Armchair should Armchair receive an offer from a third party. The ROFR allows SharpLink to accept this offer within a 30-day period following receipt of an Offer Notice from Armchair, detailing the third party’s offer and financial terms. If SharpLink declines the offer, Armchair may proceed with other negotiations if compliant with the agreement terms. A press release confirming this acquisition was also issued on the same date.

Document Link: View Document