SharpLink Gaming’s stock fell over 70% on June 12 after an SEC S-3 shelf prospectus filing revealed a potential resale of 68 million common shares

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The company's stock dropped over 70% on Thursday during after-hours trading as the public tried to assess the significance of an S-3 shelf prospectus.

On June 12, the firm's stock sharply fell around 70% after a filing with the Securities and Exchange Commission showed a potential resale of 68 million common shares, The Block previously reported