SharpLink Gaming Inc. filed SEC Form 8-K: Regulation FD Disclosure, Other Events
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Item 7.01 Regulation FD Disclosure.
On June 13, 2025, SharpLink Gaming, Inc. (the “Company”) issued a press release announcing the Company’s ETH holdings to date and gross proceeds from the Sales Agreement, dated May 30, 2025, between the Company and A.G.P./Alliance Global Partners, as Sales Agent (the “ATM Facility”). The press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated into this item 7.01 by reference.
The information in this Item 7.01 of this Current Report on Form 8-K, including the information contained in Exhibit 99.1, is being furnished to the U.S. Securities and Exchange Commission, and shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise subject to the liabilities of that section, and shall not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by a specific reference in such filing.
Item 8.01 Other Events.
ETH Update
During the period from May 30, 2025 through June 12, 2025, the Company acquired 176,270.69 ETH for an aggregate purchase price of $462,947,816 (inclusive of fees and expenses) and an average purchase price per ETH of $2,626 (inclusive of fees and expenses). The purchases were made using the proceeds the Company received from its May 26, 2025 private placement offering and the ATM Facility as described herein. The Company engages in staking activities with respect to its ETH (“ETH Holdings”). As of June 13, 2025, over 95% of its ETH Holdings were deployed in staking, either through native or liquid staking (“Staking Activities”). As of June 13, 2025, the Company’s aggregate ETH Holdings were 176,270.69. This is an estimated amount that the Company would hold if the ETH allocated to Staking Activities was unstaked, and is not inclusive of any rewards generated to-date. The Company anticipates providing information regarding rewards generated from Staking Activities in future updates. We note that aspects of our Staking Activities may be subject to government regulation and guidance subject to change.
At-the-Market Facility
During the period from June 2, 2025 through June 12, 2025, the Company sold a total of 1,622,520 shares of the Company’s common stock, par value $0.0001 per share, for gross proceeds of approximately $79 million pursuant to the ATM Facility.
| Exhibit No. | Description | |
| 99.1 | Press Release, dated June 13, 2025 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: June 13, 2025 | SHARPLINK GAMING, INC. |
| /s/ Rob Phythian | |
| Rob Phythian | |
| Chief Executive Officer |