eSports Technologies, Inc. entered into an exchange agreement to acquire Global E-Sports Entertainment Group, LLC from Black Chip Holdings, Crossover LLC, EBJT Management LLC, Aaron Speachless Entertainment LLC and Crimson Consulting & Trade LLC on September 24, 2020. eSports issued 7.34 million common stock as part of the consideration. Of the foregoing shares issued (i) Black Chip Holdings received 2,125,667 shares; (ii) Crossover LLC received 1,262,684 shares; (iii) Crimson Consulting & Trade LLC received 1,258,250 shares; (iv) EBJT Management LLC received 1,729,484 shares; and (v) Aaron Speachless Entertainment LLC received 500,000 shares. eSports Technologies, Inc. completed the acquisition of Global E-Sports Entertainment Group, LLC from Black Chip Holdings, Crossover LLC, EBJT Management LLC, Aaron Speachless Entertainment LLC and Crimson Consulting & Trade LLC on September 24, 2020.