Will the SharpLink Gaming stock (SBET) be above $45 at market close on June 9?
Rules
SharpLink Gaming (SBET) recently secured a $425M investment to initiate an Ethereum treasury strategy, causing significant price volatility. Will SBET's stock price exceed $45 at market close on June 9, 2025?
Market Dates
- Closing Date: June 9, 2025, at 9:30 AM ET, when Nasdaq opens for trading.
- Resolution time: June 9, 2025, at 4:00 PM ET, when Nasdaq closes for trading.
Yes/No Resolution Criteria:
- Resolves to "Yes" if SBET's official closing price on NASDAQ is strictly above $45.00 on market’s closing date.
- Resolves to "No" if SBET's official closing price on NASDAQ is exactly $45.00 or lower on market’s closing date.
Resolution
This market resolves based on the official NASDAQ closing price data for SBET stock determined at the end of regular trading hours (4:00pm ET) on the NASDAQ exchange.
Cancellation (Invalidity) Conditions
This market will be canceled if:
- Trading is suspended or halted for a significant period on June 9th.
- The company delists from NASDAQ before resolution.
- A merger, acquisition, or other corporate action significantly affects the stock price.
- The official NASDAQ price data becomes unavailable.
- Regular market trading is not conducted on June 9th due to unexpected exchange closure.
In the event of cancellation, participants may claim their stakes at the market value of their open positions at the time of cancellation. This could result in a profit or a loss, depending on the price of their outstanding shares.
