SharpLink Gaming Amends ATM Agreement to $6 Billion – TipRanks.com

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SharpLink Gaming ( (SBET) ) just unveiled an announcement.

On May 30, 2025, SharpLink Gaming entered into an ATM Sales Agreement with A.G.P./Alliance Global Partners to sell up to $1 billion in common stock shares. On July 17, 2025, the agreement was amended to increase the offering to $6 billion and include forward sale provisions. The company is seeking stockholder approval to increase authorized shares, which is crucial for utilizing the ATM Offering, as it currently cannot issue more than 48,058 shares. The amendment impacts the company’s ability to raise capital and potentially affects its market positioning.

Spark’s Take on SBET Stock

According to Spark, TipRanks’ AI Analyst, SBET is a Underperform.

SharpLink Gaming’s overall score is primarily affected by its weak financial performance, characterized by declining revenues and persistent losses. Technical indicators suggest a bearish trend, while valuation metrics highlight profitability challenges. However, the strategic acquisition in the crypto gaming space offers a potential growth avenue, balancing some of the financial and operational concerns.

To see Spark’s full report on SBET stock, click here.

More about SharpLink Gaming

SharpLink Gaming, Inc. operates in the gaming industry, focusing on offering gaming-related services and products. The company is involved in financial transactions related to its common stock, with a market focus on expanding its stock offerings.

Average Trading Volume: 14,496,574

Technical Sentiment Signal: Buy

Current Market Cap: $1.87B

See more insights into SBET stock on TipRanks’ Stock Analysis page.

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