SharpLink Gaming Announces Extraordinary General Meeting of Shareholders to Be Held on Friday, January 20, 2023

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[{"type":"text","content":"MINNEAPOLIS, MN / ACCESSWIRE / December 8, 2022 / SharpLink Gaming Ltd. (Nasdaq:SBET) (\"SharpLink\" or the \"Company\"), a pioneer of targeted, data-driven user engagement and conversion solutions for the U.S. sports betting and iGaming industries, today announced that it will hold an extraordinary general meeting of shareholders (the \"Meeting\") on Friday, January 20, 2023 at 4:00 PM Central Time at SharpLink's corporate office located at 333 Washington Avenue North, Suite 104, Minneapolis, Minnesota 55402, and thereafter as it may be adjourned or postponed from time to time.The agenda of the Meeting is as follows:To approve a reverse share split of the Company's ordinary shares, par value NIS 0.06 per share (the \"Ordinary Shares\"), by a ratio of up to and including 20:1, to be effective at the ratio and on a date to be determined by the Company's Board of Directors, and amendments to the Company's Amended and Restated Articles and Memorandum of Association to effect such reverse share split;To approve the appointment of Cherry Bekaert, LLP, a registered public accounting firm, as the Company's independent auditor for the year ended December 31, 2022 and to authorize the Company's Board of Directors to fix such accounting firm's compensation in accordance with the nature of their services or to delegate such power to the Company's Audit Committee; andTo transact any other business that may be properly brought before the Meeting or any continuation, adjournment or postponement thereof.Shareholders of record at the close of business on Tuesday, December 13, 2022 are entitled to notice of and to vote at the Meeting or any adjournments or postponements thereof. The Company plans to mail the proxy statement and a proxy card on or about Monday, December 19, 2022.The primary purpose for effecting the reverse share split, should the Board of Directors choose to effect one, would be to increase the per share price of the Company's Ordinary Shares to regain compliance with the minimum bid price requirement for continued listing set forth in Nasdaq Listing Rule 5550(a)(2). The affirmative vote of holders of at least 75% of the Company's Ordinary Shares represented at the Meeting, in person or by proxy, entitled to vote and voting, is necessary for the approval of proposal 1. The affirmative vote of holders of at least a majority of th...

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