
Joy Lou|Jul 23, 2025 04:19
The concern that the SBET financing plan may violate the SEC financing cap stems from a misunderstanding of SEC rules. The restriction on the financing scale of small issuers, known as the "baby shelf rule," only applies to companies with a public float of less than $75 million. The floating market value of SBET's public shareholding is estimated to have far exceeded $1 billion, so it is completely exempt from this rule. Thursday is a change in inventory
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