Sports Entertainment Gaming Global Corp 8-K

What Happened
Sports Entertainment Gaming Global Corp (SEGG) announced that it entered into a Termination Agreement with Evergreen Capital Management, LLC to terminate the Senior Secured Convertible Promissory Note and the related Securities Purchase Agreement originally dated December 2, 2025. The termination became effective upon delivery of the shares issued pursuant to Conversion Notice #7 dated January 13, 2026. As a result, the promissory note and securities purchase agreement are null and void and no further amounts are due or payable by either party under those instruments.

Key Details

• Parties: Sports Entertainment Gaming Global Corp and Evergreen Capital Management, LLC.
• Instruments terminated: Senior Secured Convertible Promissory Note (originally issued Dec 2, 2025, as amended) and the related Securities Purchase Agreement dated Dec 2, 2025.
• Effective date: Termination became effective upon delivery of shares issued under Conversion Notice #7 (dated Jan 13, 2026).
• Consequence: The note and purchase agreement are null and void; no further amounts are due or payable by either party. The full Termination Agreement will be filed as an exhibit to SEGG’s Form 10-K for the period ended Dec 31, 2025.

Why It Matters
For investors, this filing confirms the company and Evergreen have closed out that convertible debt arrangement — the note and related agreement no longer represent outstanding obligations, and the conversion referenced resulted in share issuance. Investors who want full terms and implications (including the exact number of shares issued or other conversion details) should review the Termination Agreement when it’s filed as an exhibit to SEGG’s Form 10-K.