Note 9 - At-The-Market ("ATM") Offering

12 Months Ended

Dec. 31, 2024

Notes to Financial Statements

Equity [Text Block]

Note 9 - At-The-Market ("ATM") Offering

On May 2, 2024, the Company entered into an At The Market Sales Agreement (the "ATM Sales Agreement") with A.G.P/Alliance Global Partners (the "Agent") pursuant to which the Company may offer and sell, from time to time, through the Agent, as sales agent and/or principal, shares of its common stock, par value $0.0001 per share (the "Common Stock"), having an aggregate offering price of up to $1,676,366, subject to certain limitations on the amount of Common Stock that may be offered and sold by the Company set forth in the ATM Sales Agreement (the "Offering"). The Company is not obligated to make any sales of Shares under the ATM Sales Agreement and any determination by the Company to do so will be dependent, among other things, on market conditions and the Company's capital raising needs. As of December 31, 2024, SharpLink has raised gross proceeds of $896,215 (net proceeds of $869,329, less professional fees) from the sale of 1,128,380 common shares under the ATM Sales Agreement.