EBET Inc (EBET)

[StockLogistics]

“The number of shares of common stock expected to be outstanding after this offering is based on 17,281,573 shares of common stock outstanding as of February 2, 2023 and excludes, as of that date, the following:

· 1,798,750 shares of common stock issuable upon the exercise of outstanding vested and unvested stock options at a weighted average exercise price of $1.81 per share;

· 6,691,276 shares of common stock issuable upon the exercise of outstanding warrants with a weighted average exercise price of $6.83 per share;

· 434,625 shares of common stock issuable upon the vesting of restricted stock units;

· 4,412,324 shares of common stock issuable upon the conversion of convertible notes and accrued interest in the amount of $6,507,838 at a weighted average conversion price of $2.87 per share;

· 1,563,689 shares of our common stock issuable upon the conversion of 37,700 shares of Preferred Stock;

· up to an aggregate of 2,271,231 shares of common stock reserved for future issuance under our 2020 Stock Plan, as amended; and

· 6,372,530 shares of our common stock issuable upon the exercise of the Warrants offered in the concurrent private placement.

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https://www.otcmarkets.com/filing/html?id=16364007&guid=J57-kFgG6Xd-B3h#EBET_424B5_HTM_s_001