Item 5.03  Amendments to Articles of Incorporation or Bylaws; Change in Fiscal
           Year.

On November 29, 2021, EBET, Inc. (the "Company") issued 37,700 shares of its Series A Convertible Preferred Stock (the "Preferred Stock") for a purchase price of $1,000.00 per share ("November Placement"). The Preferred Stock is convertible into Common Stock at an initial conversion price of $28.00 per share ("Preferred Conversion Price"); provided that the Preferred Conversion Price is subject to anti-dilution protection upon any subsequent transaction at a price lower than the Preferred Conversion Price then in effect. In addition, on December 31, 2022 and April 15, 2023 (the "Adjustment Dates"), the Preferred Conversion Price was to be adjusted to the lesser of: (i) the Preferred Conversion Price in effect on the Adjustment Date, or (ii) 85% of the average closing price of the Company's common stock for the fifteen trading days prior to the Adjustment Date.

On December 30, 2022, the holders of a majority of the Preferred Stock approved an amendment to the terms of the Preferred Stock to: (i) extend the initial Adjustment Date from December 31, 2022 to January 31, 2023; and (ii) to modify the definition of "Exempt Issuance" to permit the issuance of shares of Company common stock to consultants. On December 30, 2022, the Amended and Restated Certificate of Designation of Preferences, Rights and Limitations of the Series A Convertible Preferred Stock was filed in the State of Nevada.

Item 9.01. Financial Statements and Exhibits






(d)    Exhibits.

Exhibit No. Exhibit Description



3.1           Amended and Restated Certificate of Designation of Preferences, Rights
            and Limitations of the Series A Convertible Preferred Stock
104         Cover Page Interactive Data File (embedded within the Inline XBRL
            document).









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