TechFlow, July 18 — According to documents filed on the U.S. Securities and Exchange Commission (SEC) website, SharpLink Gaming, Inc. announced on July 17 its plan to issue up to $5 billion in common stock through a sales agreement with A.G.P./Alliance Global Partners. The proceeds from this offering will be primarily used to acquire Ethereum (ETH) as the company's main reserve asset, as well as for daily operations, market expansion, and core affiliate marketing activities. Headquartered in Minneapolis, SharpLink Gaming focuses on online performance marketing and is actively expanding into the crypto gaming market. The company’s common stock is listed on the Nasdaq Capital Market under the ticker symbol “SBET”.
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