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Esports Entertainment Group | SC 13G/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-Ayrton Capital LLC(9.9%),Alto Opportunity Master Fund, SPC – Segregated Master Portfolio B(9.9%), etc.

SEC announcement ·  Feb 15 04:45
Summary by Futu AI
Esports Entertainment Group, Inc., a company specializing in electronic sports entertainment, has filed an amended Schedule 13G/A with the United States Securities and Exchange Commission on December 31, 2023. The filing indicates that Ayrton Capital LLC, Alto Opportunity Master Fund, SPC – Segregated Master Portfolio B, and Waqas Khatri, collectively referred to as the Reporting Persons, have reported beneficial ownership of 118,121 shares each, which represents 9.9% of the company's class of common stock. The shares include restricted Common Stock, as well as shares issuable upon the exercise of certain warrants and conversion of convertible preferred stock, subject to a 9.99% beneficial ownership blocker. The Reporting Persons have sole voting and dispositive power over these shares. The filing also includes a joint filing statement, indicating...Show More
Esports Entertainment Group, Inc., a company specializing in electronic sports entertainment, has filed an amended Schedule 13G/A with the United States Securities and Exchange Commission on December 31, 2023. The filing indicates that Ayrton Capital LLC, Alto Opportunity Master Fund, SPC – Segregated Master Portfolio B, and Waqas Khatri, collectively referred to as the Reporting Persons, have reported beneficial ownership of 118,121 shares each, which represents 9.9% of the company's class of common stock. The shares include restricted Common Stock, as well as shares issuable upon the exercise of certain warrants and conversion of convertible preferred stock, subject to a 9.99% beneficial ownership blocker. The Reporting Persons have sole voting and dispositive power over these shares. The filing also includes a joint filing statement, indicating the parties' agreement to file jointly. The address of Esports Entertainment Group's principal executive offices is in Malta, while the Reporting Persons are based in the United States and the Cayman Islands. The filing was completed on February 14, 2024, and asserts that the shares were not acquired for the purpose of changing or influencing the control of the issuer.

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