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Esports Entertainment Group | 8-K: Current report

電子競技娛樂 | 8-K:重大事件

SEC announcement ·  02/14 03:40
牛牛AI助理已提取核心訊息
On February 13, 2024, Esports Entertainment Group, Inc. (EEG), a prominent iGaming and esports content provider, announced its decision to voluntarily delist its securities from the Nasdaq Stock Market. The securities affected include the company's Common Stock, 10.0% Series A Cumulative Redeemable Convertible Preferred Stock, and Common Warrants. The decision was made by the Board of Directors after careful consideration and is aimed at reducing public costs while the company focuses on growth and profitability. EEG is currently not in compliance with Nasdaq's minimum stockholders' equity requirement and is under a Nasdaq Panel Monitor. The company plans to file a Form 25 with the SEC on or about February 23, 2024, to proceed with the delisting, which is expected to take effect 10 days post...Show More
On February 13, 2024, Esports Entertainment Group, Inc. (EEG), a prominent iGaming and esports content provider, announced its decision to voluntarily delist its securities from the Nasdaq Stock Market. The securities affected include the company's Common Stock, 10.0% Series A Cumulative Redeemable Convertible Preferred Stock, and Common Warrants. The decision was made by the Board of Directors after careful consideration and is aimed at reducing public costs while the company focuses on growth and profitability. EEG is currently not in compliance with Nasdaq's minimum stockholders' equity requirement and is under a Nasdaq Panel Monitor. The company plans to file a Form 25 with the SEC on or about February 23, 2024, to proceed with the delisting, which is expected to take effect 10 days post-filing. Following the delisting, EEG's securities are expected to be listed on the OTCQB Venture Market. Additionally, EEG is contemplating deregistering its Common Stock under Section 12(g) of the Exchange Act to further reduce costs and allow management to concentrate on performance improvement. The company's CEO, Alex Igelman, expressed that despite the intrinsic value of the business, the current market price does not reflect this, and the move to OTCMarkets will enable EEG to reallocate resources to more profitable initiatives.
2024年2月13日,著名的電子博彩和電子競技內容提供商電子競技娛樂集團有限公司(EEG)宣佈決定自願將其證券從納斯達克股票市場退市。受影響的證券包括公司的普通股、10.0%的A系列累計可贖回可轉換優先股和普通認股權證。該決定是由董事會經過仔細考慮後做出的,旨在降低公共成本,同時公司專注於增長和盈利。EEG目前不符合納斯達克的最低股東權益要求,並受納斯達克小組監督。該公司計劃在2024年2月23日左右向美國證券交易委員會提交25號表格,以繼續退市,退市預計將在提交後10天生效。退市後,EEG的證券預計將在OTCQB風險市場上市。此外,EEG正在考慮根據《交易法》第12(g)條取消其普通股的註冊,以進一步降低成本並允許管理層專注於績效改進。該公司首席執行官亞歷克斯·伊格爾曼表示,儘管該業務具有內在價值,但當前的市場價格並不能反映這一點,轉向場外市場將使EEG能夠將資源重新分配給利潤更高的計劃。
2024年2月13日,著名的電子博彩和電子競技內容提供商電子競技娛樂集團有限公司(EEG)宣佈決定自願將其證券從納斯達克股票市場退市。受影響的證券包括公司的普通股、10.0%的A系列累計可贖回可轉換優先股和普通認股權證。該決定是由董事會經過仔細考慮後做出的,旨在降低公共成本,同時公司專注於增長和盈利。EEG目前不符合納斯達克的最低股東權益要求,並受納斯達克小組監督。該公司計劃在2024年2月23日左右向美國證券交易委員會提交25號表格,以繼續退市,退市預計將在提交後10天生效。退市後,EEG的證券預計將在OTCQB風險市場上市。此外,EEG正在考慮根據《交易法》第12(g)條取消其普通股的註冊,以進一步降低成本並允許管理層專注於績效改進。該公司首席執行官亞歷克斯·伊格爾曼表示,儘管該業務具有內在價值,但當前的市場價格並不能反映這一點,轉向場外市場將使EEG能夠將資源重新分配給利潤更高的計劃。

譯文內容由第三人軟體翻譯。


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