SharpLink Gaming Inc. filed SEC Form 8-K: Regulation FD Disclosure, Other Events
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Item 7.01 Regulation FD Disclosure.
On July 8, 2025, SharpLink Gaming, Inc. (the “Company”) issued a press release announcing the Company’s ETH holdings to date and net 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 June 28, 2025, through July 4, 2025, the Company acquired 7,689 ETH for an aggregate purchase price of $19.2 million (inclusive of fees and expenses) at a weighted average purchase price per ETH of $2,501 (inclusive of fees and expenses). The purchases were made using the proceeds the Company received from the ATM Facility as described herein. The Company engages in staking activities with respect to its ETH (“ETH Holdings”). As of July 4, 2025, 100% of its ETH Holdings were deployed in staking, either through native or liquid staking (“Staking Activities”). As of July 4, 2025, the Company’s aggregate ETH Holdings were 205,634. As of July 4, 2025, the Company has generated 322 ETH rewards since launching its ETH treasury strategy on June 2, 2025. 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 28, 2025, through July 4, 2025, the Company sold a total of 5,499,845 shares of the Company’s common stock, par value $0.0001 per share, for net proceeds of approximately $64.0 million pursuant to the ATM Facility.
Exhibit No. | Description | |
99.1 | Press Release, dated July 8, 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: July 8, 2025 | SHARPLINK GAMING, INC. |
/s/ Rob Phythian | |
Rob Phythian | |
Chief Executive Officer |