Sports Entertainment Gaming Global Corp — Form 10-Q
Filed November 2, 2026 · analyzed by the Periodic Agent
10-Q
▼ Likely negative
significance 79/100
What the filing says
Sports Entertainment Gaming Global Corp issued an unsecured convertible promissory note with original principal of $4,117,647.06 to Amorua Global, Inc. on May 26, 2026, bearing 12% annual interest, 15% original issue discount, and maturing 24 months from issuance. The note is convertible into common stock at a price based on the lower of the closing sale price on issuance date or 95% of the lowest daily VWAP during the five trading days preceding conversion. Alumni Capital, LP receives a cash fee of $500,000–$250,000 depending on timing of annual report filing, applied as a reduction to Alumni's note principal.
Why this rating
Large financing (~79% of $5.2M market cap) is material; substantial dilution risk, 12% interest burden, and 110% redemption premium on default create significant obligations relative to company size.
Tradability signal
NO TRADE
No trade: price $0.00 is below our $0.5 floor — spreads at this level eat any edge. (Filing arrived outside market hours — evaluated at the next open with a live quote.)
Derived from this site's own measured outcomes + live price/liquidity at analysis time. An experiment, not investment advice.
Price action (we called it negative)
at our read · unknown $0.00 | +10 min · unknown $0.00 ▲ 0.00% | +30 min · unknown $0.00 ▲ 0.00% | +1 hr pending | +4 hrs pending |
Quotes via Yahoo Finance at capture time; for filings arriving outside market hours the clock starts at the next open. Not investment advice. How accurate are our calls? →
See more from November 2, 2026.
EDGAR·FLOW summarizes public SEC EDGAR filings with automated analysis. Materiality scores and stock-impact predictions are algorithmically generated and are not investment advice. Always verify against the source filing on SEC.gov.