ADDED
(Formerly SharpLink Gaming, Inc.) (Exact name of registrant as specified in its charter) Delaware 87-4752260 (State or other jurisdiction of incorporation) (IRS Employer Identification No.) 200 S.
As of March 4, 2026, there were 197,158,808 shares of Common Stock issued and outstanding.
These uncertainties and other factors include, among other things: our ability to remain a market innovator, to create new market opportunities, and/or to expand into new markets; the potential need for changes in our long-term strategy in response to future developments; our ability to successfully execute our strategy to operate as a digital asset company, including managing, safeguarding and deploying digital assets as part of our treasury strategy.
Our digital assets comprise of Ether ( ETH ), the native token of the Ethereum blockchain, Liquid Staked ETH (LsETH) , a token received when ETH is staked through a third-party liquid staking protocol, and USDC stablecoins, presented separately on the consolidated balance sheet under the captions Crypto assets at fair value , Crypto assets at costs , and USDC stablecoin .
and foreign governments; failure to develop or integrate new technology into current products and services; unfavorable results in legal proceedings to which we may be subject; failure to establish and maintain effective internal control over financial reporting; and general economic and business conditions in the United States and elsewhere in the world, including the impact of inflation, wars, conflicts and geopolitical events.
On February 2, 2026, the Company formally changed our corporate name from SharpLink Gaming, Inc.
Summary Risk Factors Set forth below is a summary of certain risks that could adversely affect our business, results of operations, and financial condition, all of which are more fully described in Item 1A.
This summary should be read in conjunction with the Risk Factors section and should not be relied upon as an exhaustive summary of the material risks facing our business, as it does not address all of the risks that we face.
Regulatory and Legal Risks Related to Digital Assets Absent federal regulations, there is a possibility that ETH and LsETH may be classified as a security.
Any classification of ETH and LsETH as a security would subject us to additional regulation and could materially impact the operation of our business.
REMOVED
The options have an exercise price of $14.16 and expire December 21, 2032.
The options were fully vested upon the completion of the SportsHub acquisition.
(Exact name of registrant as specified in its charter) Delaware 87-4752260 (State or other jurisdiction of incorporation or organization) (I.R.S.
As of March 14, 2025, there were 6,903,056 shares of Common Stock issued and outstanding.
Our consolidated financial statements appearing in this annual report are prepared in U.S.
dollars and all references in this Annual Report to NIS are to New Israeli Shekels.
BUSINESS Overview Headquartered in Minneapolis, Minnesota, SharpLink Gaming is an online performance-based marketing company that leverages our unique fan activation solutions to generate and deliver high quality leads to our U.S.
In December 2023, the Company discontinued investments into and operation of its C4 sports betting conversion technology ( C4 ) due to the lack of market acceptance.
C4 centered on cost effectively monetizing our own proprietary audiences and our customers audiences of U.S.
fantasy sports and casual sports fans and casino gaming enthusiasts by converting them into loyal online sports and iGaming bettors.