SharpLink Gaming Plans to Resell Up to $5.00 Billion of Common Stock and Advance Ethereum Reserve Strategy

According to US SEC filings, SharpLink Gaming intends to issue and sell common stock, with cumulative sales proceeds of up to $5.00 billion (before deducting sales agent commissions and related expenses). The specific amount of proceeds from this offering will depend on the actual number of common shares sold and their market price at the time of sale. SharpLink Gaming plans to use the majority of the proceeds from this offering to purchase Ethereum. In addition, SharpLink Gaming intends to use the raised funds for working capital needs, general corporate purposes, operating expenses, and the development of its core affiliate marketing business. [Foresight News]