SharpLink Gaming Enters Material Definitive Agreement

TL;DR

SharpLink Gaming just signed a big deal, details TBD.

AI Summary

On August 21, 2025, SharpLink Gaming, Inc. entered into a material definitive agreement. The filing does not provide specific details about the agreement, its counterparty, or any associated financial terms. The company is incorporated in Delaware and its principal executive offices are located in Minneapolis, Minnesota.

Why It Matters

This filing indicates a significant new contract or partnership for SharpLink Gaming, which could impact its future business operations and financial performance.

Risk Assessment

Risk Level: medium — The lack of specific details in the filing regarding the material definitive agreement introduces uncertainty about its nature and potential impact.

Key Players & Entities

• SharpLink Gaming, Inc. (company) — Registrant
• August 21, 2025 (date) — Date of earliest event reported
• Delaware (jurisdiction) — State of incorporation
• Minneapolis, Minnesota (location) — Address of principal executive offices
• (612) 293-0619 (phone_number) — Registrant's telephone number

FAQ

Key Financial Figures

• $0.0001 — nge on which registered Common Stock, $0.0001 per share SBET The Nasdaq Stock Mar
• $1.5 billion — ) providing for the repurchase of up to $1.5 billion of the Company's outstanding shares of
• $0.01 — ll pay Broker a commission at a rate of $0.01 for each share of Common Stock repurcha

Filing Documents

• form8-k.htm (8-K) — 39KB
• ex10-1.htm (EX-10.1) — 59KB
• ex99-1.htm (EX-99.1) — 14KB
• ex99-1_001.jpg (GRAPHIC) — 7KB
• 0001641172-25-025218.txt ( ) — 304KB
• sbet-20250821.xsd (EX-101.SCH) — 3KB
• sbet-20250821_lab.xml (EX-101.LAB) — 34KB
• sbet-20250821_pre.xml (EX-101.PRE) — 22KB
• form8-k_htm.xml (XML) — 4KB

01

Item 1.01 Entry into a Material Definitive Agreement. On August 21, 2025, the Board of Directors (the " Board ") of SharpLink Gaming, Inc. (the " Company ") approved a share repurchase program (the " 2025 Repurchase Program ") providing for the repurchase of up to $1.5 billion of the Company's outstanding shares of common stock, par value $0.0001 per share (the " Common Stock "). Under the 2025 Repurchase Program, the Company is authorized to repurchase shares of Common Stock through open market purchases, privately-negotiated transactions, accelerated share repurchases, or otherwise in accordance with applicable federal securities laws, including through Rule 10b5-1 trading plans and under Rule 10b-18 of the Securities Exchange Act of 1934, as amended (the " Exchange Act "). The 2025 Repurchase Program does not obligate the Company to repurchase shares of Common Stock and the specific timing and amount of repurchases will vary based on available capital resources and other financial and operational performance metrics, market conditions, securities law limitations and other factors. In connection with the 2025 Repurchase Program, on August 21, 2025, the Company entered into an Open Market Share Repurchase Agreement (the " Repurchase Agreement ") with The Benchmark Company, LLC (the " Broker ") whereby the Broker has agreed to act as a non-exclusive agent on behalf of the Company to repurchase shares of Common Stock in the open market pursuant to Rule 10b-18 of the Exchange Act. The Repurchase Agreement will continue in effect until terminated by either the Company or the Broker, with or without cause, upon written notice to the other party. The Company will pay Broker a commission at a rate of $0.01 for each share of Common Stock repurchased pursuant to the Repurchase Agreement. The foregoing description of the Repurchase Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Repurchase Agreement, a copy

01

Item 7.01 Regulation FD Disclosure. On August 22, 2025, the Company issued a press release (the " Press Release ") announcing the 2025 Repurchase Program. A copy of the Press Release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. The information under this Item 7.01, including Exhibit 99.1, shall not be deemed "filed" for 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 the filings of the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 10.1 Form of 10b-18 Repurchase Agreement 99.1 Press Release, dated August 22, 2025 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

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: August 22, 2025 SHARPLINK GAMING, INC. /s/ Rob Phythian Rob Phythian Co-Chief Executive Officer

View Full Filing

View this 8-K filing on SEC EDGAR