12:55 PM EDT, 05/01/2025 (MT Newswires) -- SharpLink Gaming ( SBET ) said Thursday it will implement a 1-for-12 reverse stock split in an effort to regain compliance with Nasdaq listing rules.

The shares will begin trading on a split-adjusted basis on May 6, the company said.

SharpLink Gaming ( SBET ) shares were up 8.1% in recent trading.

Price: 0.28, Change: +0.01, Percent Change: +3.24