SharpLink Enters into Purchase Agreements with Select Institutional Investors for $200 Million Registered Direct Offering of Common Stock

Core Viewpoint - SharpLink Gaming, Inc. has announced a registered direct offering priced at $19.50 per share, aiming to raise approximately $200 million to expand its Ether treasury, which is expected to exceed $2 billion in value upon deployment [1][2]. Group 1: Offering Details - The offering involves securities purchase agreements with four global institutional investors and is expected to close around August 8, 2025, pending customary closing conditions [1]. - A.G.P./Alliance Global Partners is the lead placement agent, with Societe Generale as the co-placement agent [3]. Group 2: Company Background - SharpLink Gaming is one of the largest publicly traded companies adopting Ether as its primary treasury reserve asset, aligning with the future of digital capital and providing investors exposure to Ethereum [6]. - The company is focused on innovating online gaming through scalable, secure, and transparent solutions, backed by a team with extensive experience in sports media, gaming, and technology [7].