SharpLink Gaming Announces Results of 2023 Annual General Meeting of Shareholders

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[{"type":"text","content":"MINNEAPOLIS, MN / ACCESSWIRE / May 26, 2023 / SharpLink Gaming Ltd. (NASDAQ:SBET) (\"SharpLink\" or the \"Company\"), a pioneer of targeted conversion solutions for the U.S. sports betting and iGaming industries, today announced the following resolutions were adopted at the 2023 Annual General Meeting of Shareholders that was held on May 25, 2023 in Minneapolis, Minnesota. 1.To re-elect Messrs. Joseph Housman, Rob Phythian, Chris Nicholas, Paul Abdo and Tom Doering to hold office until the Company's 2024 Annual General Meeting of Shareholders and until their successors are elected and qualified; 2.To approve and ratify the appointment of Cherry Bekaert, LLP, a registered public accounting firm, as the Company's independent auditor for the year ended December 31, 2023 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; 3.To approve the issuance of ordinary shares, nominal value NIS 0.60 per share (the \"Ordinary Shares\"), in excess of 19.99% of the issued and outstanding Ordinary Shares in the event that Alpha Capital Anstalt (\"Alpha\") elects to convert the 8% Interest Rate, 10% Original Issue Discount, Senior Convertible Debenture into Ordinary Shares and the exercise of a warrant to purchase 880,000 Ordinary Shares, both issued in connection with the securities purchase agreement entered by and between us and Alpha, dated February 14, 2023, in accordance with Nasdaq Listing Rule 5635(d); 4.To amend the Company's Second Amended and Restated Articles of Association (the \"Articles\") to increase the quorum necessary for the transaction of business at a meeting of shareholders from the presence of two or more shareholders holding in the aggregate more than 25% of the total voting power attached to the Company's Ordinary Shares represented in person or by proxy at a meeting to at least 33 1/3% of the issued and outstanding Ordinary Shares; 5.To conduct a non-binding advisory vote to approve the compensation paid to the Company's named executive officers (the \"Say on Pay Proposal\"); and 6.To conduct a non-binding advisory vote to determine the frequency of the non-binding advisory vote on executive compensation (the \"Say on Pay Frequency Proposal\").The complete text of the resolu...

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