SharpLink Gaming Slides After Hours; Form S-3 Filed

Dow Jones
2025/06/13
 

By Josh Beckerman

 

Shares of SharpLink Gaming shares, which had more than quadrupled this year as of the market close, dropped as the company filed for the possible sale of stock and warrants by investors.

The marketing company's stock fell 69%, to $9.98, after hours Thursday.

SharpLink filed a Form S-3 registration statement for potential stock and warrant sales by the investors in a recent private placement.

The Minneapolis company, which serves sportsbooks and casinos, has pursued growth opportunities in the crypto gaming market.

SharpLink said May 27 that after the closing of a $425 million private placement, it would adopt an ethereum treasury strategy. Consensys Software was the lead investor in the private placement. SharpLink said at the time that it agreed to file a registration statement providing for the resale of stock.

After closing at $6.72 on May 23, shares ended the day at $35.83 on May 27.

 

Write to Josh Beckerman at josh.beckerman@wsj.com

 

(END) Dow Jones Newswires

June 12, 2025 18:54 ET (22:54 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10