# EDGAR Filing Document

**Accession Number:** 0001080319
**File Stem:** 0001017386-23-000060
**Filing Date:** 2023-2
**Character Count:** 5398
**Document Hash:** b3a13342bf3189b71e54a5927a2bbcb3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001017386-23-000060.hdr.sgml**: 20230217

**ACCESSION NUMBER**: 0001017386-23-000060

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 12

**CONFORMED PERIOD OF REPORT**: 20230214

**ITEM INFORMATION**: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

**FILED AS OF DATE**: 20230217

**DATE AS OF CHANGE**: 20230216

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Elys Game Technology, Corp.
- **CENTRAL INDEX KEY:** 0001080319
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-PREPACKAGED SOFTWARE [7372]
- **IRS NUMBER:** 330823179
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-39170
- **FILM NUMBER:** 23639815

**BUSINESS ADDRESS:**
- **STREET 1:** 107 E WARM SPRINGS RD.
- **CITY:** LAS VEGAS
- **STATE:** NV
- **ZIP:** 89119
- **BUSINESS PHONE:** 39-391-306-4134

**MAIL ADDRESS:**
- **STREET 1:** 130 ADELAIDE STREET, WEST
- **STREET 2:** SUITE 701
- **CITY:** TORONTO
- **STATE:** A6
- **ZIP:** M5H 2K4

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Newgioco Group, Inc.
- **DATE OF NAME CHANGE:** 20160811

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** EMPIRE GLOBAL CORP.
- **DATE OF NAME CHANGE:** 20051004

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TRADESTREAM GLOBAL CORP.
- **DATE OF NAME CHANGE:** 20050727

?xml version="1.0" encoding="utf-8"?

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

**Pursuant to Section13 or 15(d) of the**

**Securities Exchange Act of 1934**

**Date of Report: February 14, 2023**

**(Date of earliest event reported)**

**ELYS GAME TECHNOLOGY, CORP.**

**(Exact name of registrant as specified in its charter)**

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| | | |
|:---|:---|:---|
| **Delaware** | **001-39170** | **33-0823179** |
| **(State or other jurisdiction**<br> **of incorporation)** | **(Commission**<br> **File Number)** | **(IRS Employer**<br> **Identification No.)** |

---

**130 Adelaide Street West, Suite 701**

**Toronto, Ontario MSH 2K4, Canada**

(Address of principal executive offices)

**(561) 838-3325**

(Registrant's telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (*see* General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

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| | | |
|:---|:---|:---|
| **Title of each class** | **Trading**<br> **Symbol(s)** | **Name of each exchange**<br> **on which registered** |
| **Common stock, par value $0.0001 per share** | **ELYS** | **The Nasdaq Capital Market** |

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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

**Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.**

On February 14, 2023, the Compensation Committee (the "Committee") of the Board of Directors (the "Board") of Elys Game Technology Corp. (the "Company") granted to the Company's non-executive directors, under the Company's Stock Incentive Plan, as amended (the "Plan"); (i) an award of 131,631 stock options to each of Steven Shallcross and Andrea Mandell-Mantello, of which 54,753 vested immediately and the remaining 76,878 vest monthly over a ten month period; and (ii) an award of 154,132 stock options to Paul Sallwasser, of which 77,254 vested immediately and 76,878 vest monthly over a ten month period.

In addition, in lieu of $20,000 and $40,000 of director fees due and outstanding to Steven Shallcross and Andrea Mandel-Mantello, the Committee approved the issuance of 22,472 and 44,944 shares of common stock, respectively, under the Plan.

On February 14, 2023, Mr. Ciavarella, the Company's Executive Chairman, voluntarily offered and agreed to reduce his annual base compensation to $372,000 for fiscal 2023.

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

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| | | |
|:---|:---|:---|
| Date: February 16, 2023 | **ELYS GAME TECHNOLOGY, CORP.** | **ELYS GAME TECHNOLOGY, CORP.** |
|  | By: | /s/ Michele Ciavarella |
|  | Name: | Michele Ciavarella |
|  | Title: | Executive Chairman |

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