ESPORTS ENTERTAINMENT GROUP, INC. : Entry into a Material Definitive Agreement, Unregistered Sale of Equity Securities, Material Modification to Rights of Security Holders, Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year (form 8-K)
, 2022-12-27 16:31:11,
Article 1.01 Execution of a Final Material Agreement.
The Prefunded Warrants are not exercisable to the extent that they cause the purchaser of the Prefunded Warrants to become a “beneficial owner” of more than 4.99% of our common shares for purposes of Section 13(d) of the stock market. Law of 1934 (the “Limitation of Beneficial Ownership”). The Beneficial Ownership Limitation may be increased at the discretion of the purchaser of the Pre-Funded Warrants to any percentage less than or equal to 9.99% of our common shares upon 61 calendar days’ notice or decreased at any time. We do not intend to list the Pre-Funded Warrants sold in this offering on any stock exchange or other…
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