Sports Entertainment Gaming Global issues up to USD 11.76 million in unsecured convertible promissory notes

Reuters03-19

<a href="https://laohu8.com/S/SEAH.U">Sports Entertainment</a> Gaming Global issues up to USD 11.76 million in unsecured convertible promissory notes

Sports Entertainment Gaming Global entered into a private placement to issue unsecured convertible promissory notes with aggregate face value of up to USD 11.76 million. The notes will be issued in multiple tranches, starting with an initial tranche of USD 3.53 million and additional tranches that can be funded through Dec. 31, 2026. The notes are sold at a 15% original issue discount and bear 12% annual interest. Each note matures 24 months from issuance and is convertible into common stock based on a formula tied to the issuance-date close and recent VWAP, subject to a floor price mechanism.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sports Entertainment Gaming Global Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-011299), on March 18, 2026, and is solely responsible for the information contained therein.

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The notes will be issued in multiple tranches, starting with an initial tranche of USD 3.53 million and additional tranches that can be funded through Dec. 31, 2026. The notes are sold at a 15% original issue discount and bear 12% annual interest. Each note matures 24 months from issuance and is convertible into common stock based on a formula tied to the issuance-date close and recent VWAP, subject to a floor price mechanism.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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The notes will be issued in multiple tranches, starting with an initial tranche of USD 3.53 million and additional tranches that can be funded through Dec. 31, 2026. The notes are sold at a 15% original issue discount and bear 12% annual interest. Each note matures 24 months from issuance and is convertible into common stock based on a formula tied to the issuance-date close and recent VWAP, subject to a floor price mechanism.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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ID: 0001493152-26-011299), on March 18, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SEGG","symbol_name":"Sports Ent","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260318:nNDL49W1pd:1","article_id":"2620602522","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2620602522","pubTimestamp":1773868655,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Sports Entertainment Gaming Global entered into a private placement to issue unsecured convertible promissory notes with aggregate face value of up to USD 11.76 million. 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Sports Entertainment Gaming Global Corporation published the original content used to generate th","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SEGG":"Sports Ent","BK4150":"赌场与赌博"},"translate_title":"Sports Entertainment Gaming Global发行高达1176万美元的无担保可转换本票","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SEGG":0.9},"content_text":"Sports Entertainment Gaming Global issues up to USD 11.76 million in unsecured convertible promissory notes\n    \n\nSports Entertainment Gaming Global entered into a private placement to issue unsecured convertible promissory notes with aggregate face value of up to USD 11.76 million. The notes will be issued in multiple tranches, starting with an initial tranche of USD 3.53 million and additional tranches that can be funded through Dec. 31, 2026. The notes are sold at a 15% original issue discount and bear 12% annual interest. 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