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GMBLP Esports Entertainment Group Inc. 10.0% Series A Cumulative Convertible Preferred

Dividends on our Series A Convertible Preferred Stock accrue daily, will be cumulative from the date of issuance, and will be payable monthly in arrears on the last day of each calendar month, when, as and if declared by our board of directors, at the rate of 10.0% per annum, which is the equivalent of $1.00 per annum per share. Subject to earlier conversion or redemption, the Series A Convertible Preferred Stock matures five years from issuance at which point the Company must redeem the shares of Series A Convertible Preferred Stock still outstanding. The Series A Convertible Preferred Stock is redeemable, at our option, in whole or in part, at any time on or after January 1, 2023, at a per share redemption price of $11.00 plus an amount equal to all dividends accrued or in arrears on the shares to be redeemed to the date fixed for redemption.  This security was issued by Esports Entertainment Group Inc., whose common stock symbol is GMBL.

$4.63  +0.24 (5.47%)
As of 03/24/2023 16:00:00 EST     IEX book   CBOE book

Security Information
Category1:  US Equity
Category2:  Preferred stocks
Category3:  Convertible
GICS sector:  Consumer Discretionary
Industry:  Gambling
Index country:  USA
Country of incorporation:  USA
IPO date:  11/17/2021
Outstanding shares:  800,000
Average volume:  5,103
Market cap:   $3,344,000
Current dividend yield:  23.92%    calculation
Coupon rate:    10.000%
Cumulative:    Yes
Liquidation value:   $10.00
Callable after:   01/01/2023
Maturity date:    11/17/2026
Prospectus:    Read on SEC.gov
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K

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