Summary by Moomoo AI
Esports Entertainment Group, Inc. (Esports) has announced several key events and proposals requiring stockholder votes at their upcoming 2023 Annual Meeting of Stockholders. The meeting, to be held virtually, invites stockholders to vote on the election of four directors, the approval of executive compensation, the ratification of Marcum LLP as the independent registered public accounting firm for the fiscal year ending June 30, 2024, the potential issuance of shares exceeding 19.99% of outstanding common stock under the company's Series D Preferred Stock, Series D Preferred Stock Warrants, and Common Stock Warrants, and an amendment to increase authorized shares of common stock from 1.25 million to 500 million. The board has recommended voting in favor of all proposals. The meeting will also include a Q&A period, and the company's 2023 results are detailed in their Annual Report on Form 10-K for the fiscal year ended June 30, 2023.