Sports Entertainment Gaming Global Corporation filed an amended report to add financial statements and unaudited pro forma data for its acquisition of a controlling interest in Veloce Esports Limited.
The company completed the deal on February 17, 2026, initially acquiring 67.73% of Veloce and offering to buy additional shares from remaining holders. Using acquisition accounting under ASC 805, the preliminary total purchase price is about $80.63 million, including estimated identifiable intangible assets of roughly $13.75 million and goodwill of about $41.26 million. Pro forma combined total assets are shown at approximately $131.67 million, with total liabilities around $54.56 million and total equity about $77.11 million. On a pro forma basis for the year ended December 31, 2025, combined revenue is $10.34 million and net loss attributable to SEGG is about $18.03 million. Management emphasizes that these figures are preliminary, for informational purposes only, and may change as purchase accounting and valuation work are finalized.
Sports Entertainment Gaming Global Corporation filed an amended report to add financial statements and unaudited pro forma data for its acquisition of a controlling interest in Veloce Esports Limited.
The company completed the deal on February 17, 2026, initially acquiring 67.73% of Veloce and offering to buy additional shares from remaining holders. Using acquisition accounting under ASC 805, the preliminary total purchase price is about $80.63 million, including estimated identifiable intangible assets of roughly $13.75 million and goodwill of about $41.26 million. Pro forma combined total assets are shown at approximately $131.67 million, with total liabilities around $54.56 million and total equity about $77.11 million. On a pro forma basis for the year ended December 31, 2025, combined revenue is $10.34 million and net loss attributable to SEGG is about $18.03 million. Management emphasizes that these figures are preliminary, for informational purposes only, and may change as purchase accounting and valuation work are finalized.
Sports Entertainment Gaming Global Corporation entered a material definitive agreement for a strategic technology partnership between its subsidiary Sports Predicts Limited and Polymarket on April 27, 2026. Polymarket’s decentralized prediction markets technology will be integrated into the Sports.com platform as “Sports.com Predict.”
Polymarket will supply APIs, SDKs and infrastructure so users can access and transact in event-based contracts within Sports.com. The parties will share net revenue from transaction fees on trades executed via Sports.com Predict. Polymarket will be the exclusive provider of prediction market technology for Sports.com during the agreement’s initial term through June 30, 2029, while each party keeps its own intellectual property.
The agreement includes customary confidentiality, indemnification and dispute resolution provisions and requires compliance with applicable laws, including geo-restrictions where necessary. SEGG describes Sports.com Predict as a phased rollout, aimed at high-volume, real-time sports outcome markets and positioned as a potential high-margin growth engine within its broader digital sports, entertainment and gaming ecosystem.
Sports Entertainment Gaming Global Corporation entered a material definitive agreement for a strategic technology partnership between its subsidiary Sports Predicts Limited and Polymarket on April 27, 2026. Polymarket’s decentralized prediction markets technology will be integrated into the Sports.com platform as “Sports.com Predict.”
Polymarket will supply APIs, SDKs and infrastructure so users can access and transact in event-based contracts within Sports.com. The parties will share net revenue from transaction fees on trades executed via Sports.com Predict. Polymarket will be the exclusive provider of prediction market technology for Sports.com during the agreement’s initial term through June 30, 2029, while each party keeps its own intellectual property.
The agreement includes customary confidentiality, indemnification and dispute resolution provisions and requires compliance with applicable laws, including geo-restrictions where necessary. SEGG describes Sports.com Predict as a phased rollout, aimed at high-volume, real-time sports outcome markets and positioned as a potential high-margin growth engine within its broader digital sports, entertainment and gaming ecosystem.
Sports Entertainment Gaming Global Corporation, doing business as SEGG Media Corporation, reported receiving a Nasdaq notice of non-compliance for not timely filing its Form 10-K for the year ended December 31, 2025. The notice states the company is out of compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely periodic reports.
The notice does not immediately affect the listing of the company’s common stock on Nasdaq. SEGG has 60 calendar days from April 17, 2026 to submit a plan to regain compliance, and Nasdaq may grant up to 180 calendar days from the original Form 10-K due date if the plan is accepted. The company states it intends to submit such a plan and is working diligently to complete and file the Form 10-K as soon as practicable.
Sports Entertainment Gaming Global Corporation, doing business as SEGG Media Corporation, reported receiving a Nasdaq notice of non-compliance for not timely filing its Form 10-K for the year ended December 31, 2025. The notice states the company is out of compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely periodic reports.
The notice does not immediately affect the listing of the company’s common stock on Nasdaq. SEGG has 60 calendar days from April 17, 2026 to submit a plan to regain compliance, and Nasdaq may grant up to 180 calendar days from the original Form 10-K due date if the plan is accepted. The company states it intends to submit such a plan and is working diligently to complete and file the Form 10-K as soon as practicable.
Sports Entertainment Gaming Global Corporation filed a Form 12b-25 notifying the SEC it cannot timely file its Annual Report on Form 10-K for the fiscal year ended December 31, 2025. The company states it is working diligently and expects to file within the fifteen-calendar-day extension permitted by Rule 12b-25.
Sports Entertainment Gaming Global Corporation entered into a financing deal to issue up to $11,764,705.88 in unsecured convertible promissory notes in a private placement to institutional investors. The notes carry a 15% original issue discount, bear 12% annual interest, and mature 24 months after issuance.
Funding is tranched, with an initial $3,529,411.76 note funded at signing and additional tranches tied to filing and effectiveness of a resale registration statement and later mutual agreement through the end of 2026. Holders may convert into common stock at a variable price based on recent trading, with a floor set 20% below the issue-date closing price and a 4.99% beneficial ownership cap that can be raised to 9.99%. The company granted registration rights for the conversion shares and engaged Dawson James Securities, Inc. as exclusive placement agent, agreeing to customary fees and expense reimbursement.
Sports Entertainment Gaming Global Corporation appointed two new members to its Board of Directors. On February 25, 2026, the Board named Robert Stubblefield, the company’s Chief Financial Officer and Interim Chief Executive Officer and President, as a Class II director with a term running until the 2027 annual stockholders’ meeting, or until a successor is elected and qualified.
The Board also appointed Daniel Bailey, CEO of Veloce Media Group, as a Class III director with a term running until the 2028 annual stockholders’ meeting, or until a successor is elected and qualified. The filing explains that the Board values Stubblefield’s financial leadership and experience with capital structure, acquisitions, and operations, and views Bailey’s experience in digital motorsport, gaming media, sponsorships, and audience growth as important to integrating Veloce and building scalable sports and entertainment assets.
The document notes that Bailey was a party to a Share Purchase Agreement related to the company’s acquisition of a controlling interest in Veloce and received consideration for his equity in that transaction. This transaction was previously disclosed as a related party transaction under Item 404(a) of Regulation S-K, and the company states it has no additional related party transactions with Bailey that require disclosure under that rule.
Sports Entertainment Gaming Global Corporation appointed two new members to its Board of Directors. On February 25, 2026, the Board named Robert Stubblefield, the company’s Chief Financial Officer and Interim Chief Executive Officer and President, as a Class II director with a term running until the 2027 annual stockholders’ meeting, or until a successor is elected and qualified.
The Board also appointed Daniel Bailey, CEO of Veloce Media Group, as a Class III director with a term running until the 2028 annual stockholders’ meeting, or until a successor is elected and qualified. The filing explains that the Board values Stubblefield’s financial leadership and experience with capital structure, acquisitions, and operations, and views Bailey’s experience in digital motorsport, gaming media, sponsorships, and audience growth as important to integrating Veloce and building scalable sports and entertainment assets.
The document notes that Bailey was a party to a Share Purchase Agreement related to the company’s acquisition of a controlling interest in Veloce and received consideration for his equity in that transaction. This transaction was previously disclosed as a related party transaction under Item 404(a) of Regulation S-K, and the company states it has no additional related party transactions with Bailey that require disclosure under that rule.
Sports Entertainment Gaming Global Corporation completed the acquisition of a controlling stake in Veloce Esports Limited. The company agreed to buy 20,008 existing Veloce shares for an aggregate £25,135,262 (approximately $34.2 million), paid in staged cash, 2,127,086 SEGG common shares, and a pre-funded warrant for 227,500 shares.
It also subscribed for 4,634 newly issued A1 ordinary shares of Veloce for £5,675,444.74 (approximately $7.7 million), funded with £3,187,500 in cash and 338,360 SEGG shares valued at $10.00 per share. After these transactions, SEGG owns about 67.93% of Veloce’s issued share capital, and the deal qualifies as a significant acquisition above the 20% threshold, requiring additional financial and pro forma information to be filed within 71 days.
Sports Entertainment Gaming Global Corporation completed the acquisition of a controlling stake in Veloce Esports Limited. The company agreed to buy 20,008 existing Veloce shares for an aggregate £25,135,262 (approximately $34.2 million), paid in staged cash, 2,127,086 SEGG common shares, and a pre-funded warrant for 227,500 shares.
It also subscribed for 4,634 newly issued A1 ordinary shares of Veloce for £5,675,444.74 (approximately $7.7 million), funded with £3,187,500 in cash and 338,360 SEGG shares valued at $10.00 per share. After these transactions, SEGG owns about 67.93% of Veloce’s issued share capital, and the deal qualifies as a significant acquisition above the 20% threshold, requiring additional financial and pro forma information to be filed within 71 days.
Sports Entertainment Gaming Global Corporation entered a Common Stock Equity Distribution Agreement that permits “at the market” sales of common stock up to $5,572,584 through Dawson James Securities as sales agent.
The company can sell shares from time to time under an effective Form S-3 shelf registration and a January 9, 2026 prospectus supplement. Dawson James will receive a 3.0% cash commission on gross proceeds, and the agreement can be suspended or terminated by either party under specified conditions.
The company plans to use any net proceeds for working capital, potential acquisitions, and general corporate purposes, while agreeing to customary representations, covenants, indemnification and to maintain its Nasdaq listing.
Sports Entertainment Gaming Global Corporation entered a Common Stock Equity Distribution Agreement that permits “at the market” sales of common stock up to $5,572,584 through Dawson James Securities as sales agent.
The company can sell shares from time to time under an effective Form S-3 shelf registration and a January 9, 2026 prospectus supplement. Dawson James will receive a 3.0% cash commission on gross proceeds, and the agreement can be suspended or terminated by either party under specified conditions.
The company plans to use any net proceeds for working capital, potential acquisitions, and general corporate purposes, while agreeing to customary representations, covenants, indemnification and to maintain its Nasdaq listing.
Sports Entertainment Gaming Global Corporation registered an at-the-market offering to sell up to $5,572,584 aggregate offering price of common stock under an Equity Distribution Agreement with Dawson James Securities, Inc.
The ATM permits sales from time to time on Nasdaq or through negotiated transactions, with Dawson paid up to 3.0% of gross proceeds plus expense reimbursement. The prospectus supplement cites 12,643,447 shares outstanding as of February 18, 2026 and states a public float of approximately $23.6 million based on 10,673,191 shares held by non-affiliates and a specified reference price.
Sports Entertainment Gaming Global Corporation registered an at-the-market offering to sell up to $5,572,584 aggregate offering price of common stock under an Equity Distribution Agreement with Dawson James Securities, Inc.
The ATM permits sales from time to time on Nasdaq or through negotiated transactions, with Dawson paid up to 3.0% of gross proceeds plus expense reimbursement. The prospectus supplement cites 12,643,447 shares outstanding as of February 18, 2026 and states a public float of approximately $23.6 million based on 10,673,191 shares held by non-affiliates and a specified reference price.
Sports Entertainment Gaming Global Corporation reported results of its 2025 annual stockholder meeting held on February 9, 2026. Of 8,850,518 common shares entitled to vote as of January 15, 2026, 3,979,239 shares, or 44.96%, were represented. Stockholders had previously not needed to vote on changing the company’s name to Sports Entertainment Gaming Global Corporation, which became legally effective on January 27, 2026. All voting proposals received 3,979,239 votes in favor, with no votes against or abstentions. These approvals included electing one Class III director until the 2028 annual meeting, ratifying Boladale Lawal & Co. as the independent registered public accounting firm for 2025 and 2026 reviews, authorizing potential issuances of common stock and warrants that may result in a change of control and may equal or exceed 20% of shares outstanding under Nasdaq rules, permitting future forward and reverse stock splits within specified ranges at the board’s discretion, increasing the 2021 Incentive Plan share reserve to 3,750,000 shares, and an advisory proposal to adjourn the meeting if needed.