0001179110-19-009728.txt : 20190820 0001179110-19-009728.hdr.sgml : 20190820 20190820205822 ACCESSION NUMBER: 0001179110-19-009728 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190809 FILED AS OF DATE: 20190820 DATE AS OF CHANGE: 20190820 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Moon David CENTRAL INDEX KEY: 0001785999 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38226 FILM NUMBER: 191041131 MAIL ADDRESS: STREET 1: 177877 VON KARMAN AVE STREET 2: SUITE 300 CITY: IRVINE STATE: CA ZIP: 92614 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Allied Esports Entertainment, Inc. CENTRAL INDEX KEY: 0001708341 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-AMUSEMENT & RECREATION SERVICES [7900] IRS NUMBER: 821659427 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 17877 VON KARMAN AVENUE, SUITE 300 CITY: IRVINE STATE: CA ZIP: 92614 BUSINESS PHONE: (949) 225-2600 MAIL ADDRESS: STREET 1: 17877 VON KARMAN AVENUE, SUITE 300 CITY: IRVINE STATE: CA ZIP: 92614 FORMER COMPANY: FORMER CONFORMED NAME: Black Ridge Acquisition Corp. DATE OF NAME CHANGE: 20170602 4 1 edgar.xml FORM 4 - X0306 4 2019-08-09 0 0001708341 Allied Esports Entertainment, Inc. AESE 0001785999 Moon David 17877 VON KARMAN AVE SUITE 300 IRVINE CA 92614 0 1 0 0 Chief Operating Officer Common Stock 2019-08-09 4 A 0 65992 A 65992 D Warrants 11.50 2019-08-09 4 A 0 21613 11.50 A 2019-09-09 2024-08-09 Common Stock 21613 21613 D The reporting person acquired 65,992 shares of issuer common stock in exchange for 65,992 shares of Allied Esports Media, Inc. ("AEM") previously held by the reporting person pursuant to AEM's merger with the issuer. Of the 65,992 shares issued to the reporting person in the merger, 6,599 shares are currently being held in escrow and are subject to forfeiture during the one-year period following the merger to satisfy claims arising as a result of AEM's breach of the merger agreement. Excludes 21,875 additional shares of the issuer's common stock that the reporting person, as a former shareholder of AEM, will be entitled to receive as additional consideration under the merger agreement if the last reported sales price of the issuer's Common Stock equals or exceeds $13.00 per share (as adjusted for stock splits, stock dividends, reorganizations, and recapitalizations) for any consecutive 30 calendar days during the 5-year period commencing on 9/9/19. The reporting person acquired warrants to purchase 21,613 shares of issuer common stock in exchange for 65,992 shares of AEM previously held by the reporting person pursuant to AEM's merger with and into the issuer. Of the 21,613 warrants issued to the reporting person in the merger, 2,161 shares are currently being held in escrow and are subject to forfeiture during the one-year period following the merger to satisfy claims arising as a result of AEM's breach of any of its representations and warranties or covenants in the merger agreement. The closing price of the warrants on August 9, 2019 was $0.02005. Exhibit 24.1 Power of Attorney filed with Form 3 and incorporated herein by reference. /s/ David Polgreen, as Attorney-in-fact for David Moon 2019-08-20