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