MINNEAPOLIS, MN — October 16, 2025 — Leads & Copy — SharpLink Gaming, Inc. (Nasdaq: SBET) announced it has entered a securities purchase agreement with an institutional investor for 4.5 million shares of its common stock at $17.00 per share, representing a 12% premium to the closing share price on October 15, 2025.
The offering is expected to generate $76.5 million in gross proceeds and is set to close around October 17, 2025, pending customary conditions.
The investor also gets a 90-day premium purchase contract to buy up to 4.5 million more shares at $17.50 each, potentially yielding an additional $78.8 million for SharpLink if fully exercised.
According to Co-CEO Joseph Chalom, the equity sale is strategically structured and accretive to stockholders, indicating strong institutional confidence in SharpLink’s vision. Chalom added that the company is bullish on the long term Ethereum opportunity.
The offering is made under an effective shelf registration statement on Form S-3ASR (File No. 333-287708), with A.G.P./Alliance Global Partners as the sole placement agent. Thompson Hine LLP and Sullivan & Worcester LLP are serving as legal advisors to SharpLink and A.G.P./Alliance Global Partners, respectively.
Sean Mansouri, CFA or Aaron D’Souza | Elevate IR, Phone: (720) 330-2829, Email: ir@sharplink.com
Source: SharpLink Gaming, Inc.
