EBET, INC. : Creation of a Direct Financial Obligation or Obligation Under an Off-Balance Sheet Registrant Arrangement, Financial Statements and Exhibits (Form 8-K)

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Item 2.03 Creation of a Direct Financial Obligation or an Obligation under a

           Off-Balance Sheet Arrangement of a Registrant.



On November 29, 2021, EBET, Inc. (the “Company”) entered into a credit agreement (the “Credit Agreement”) with CP BF Lending, LLC (“Lender”), pursuant to which the Lender has undertaken to grant a single loan to the Société de $30,000,000 (a loan”). The loan required the company to maintain certain minimum cash and other financial covenants. September 30, 2022the lender granted the company a limited waiver of these commitments until October 31, 2022 in exchange for a single payment of $152,032 to be added to the principal amount of the loan. In addition, the loan required the company to maintain a minimum balance of $5.0 million in the account used to collect income from the Company’s i-gaming activity. On October 6, 2022the Lender has granted the Company an additional limited waiver to reduce the above minimum balance to $4.0 million until October 31, 2022in exchange for a single payment of
$76,409 to be added to the principal amount of the loan.

Item 9.01 Financial statements and supporting documents.



 (d) Exhibits.




 Exhibit No. Description



104 Cover page interactive data file (embedded in the Inline XBRL document).

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