# EDGAR Filing Document

**Accession Number:** 0001911119
**File Stem:** 0001209191-23-009863
**Filing Date:** 2023-2
**Character Count:** 5765
**Document Hash:** 8e1ddf426810d1d08d29192e055460bc
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001209191-23-009863.hdr.sgml**: 20230215

**ACCESSION NUMBER**: 0001209191-23-009863

**CONFORMED SUBMISSION TYPE**: 3

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230206

**FILED AS OF DATE**: 20230215

**DATE AS OF CHANGE**: 20230215

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** CP BF Lending, LLC
- **CENTRAL INDEX KEY:** 0001911119
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** 3
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-40334
- **FILM NUMBER:** 23636595

**BUSINESS ADDRESS:**
- **STREET 1:** 1910 FAIRVIEW AVE E
- **STREET 2:** SUITE 300
- **CITY:** SEATTLE
- **STATE:** WA
- **ZIP:** 98102
- **BUSINESS PHONE:** 206-728-9063

**MAIL ADDRESS:**
- **STREET 1:** 1910 FAIRVIEW AVE E
- **STREET 2:** SUITE 300
- **CITY:** SEATTLE
- **STATE:** WA
- **ZIP:** 98102
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** EBET, Inc.
- **CENTRAL INDEX KEY:** 0001829966
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-AMUSEMENT & RECREATION SERVICES [7900]
- **IRS NUMBER:** 853201309
- **STATE OF INCORPORATION:** NV
- **FISCAL YEAR END:** 0930

**BUSINESS ADDRESS:**
- **STREET 1:** 3960 HOWARD HUGHES PARKWAY, SUITE 500
- **CITY:** LAS VEGAS
- **STATE:** NV
- **ZIP:** 89169
- **BUSINESS PHONE:** 888-411-2726

**MAIL ADDRESS:**
- **STREET 1:** 3960 HOWARD HUGHES PARKWAY, SUITE 500
- **CITY:** LAS VEGAS
- **STATE:** NV
- **ZIP:** 89169

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Esports Technologies, Inc.
- **DATE OF NAME CHANGE:** 20210309

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** eSports Technologies, Inc.
- **DATE OF NAME CHANGE:** 20201026

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 3

### INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>CP BF Lending, LLC<br><sub>(Last) (First) (Middle)</sub><br>1910 FAIRVIEW AVE. E.<br>SUITE 300<br><sub>(Street)</sub><br>SEATTLE, WA 98102<br><sub>(City) (State) (Zip)</sub> | **3. Issuer Name and Ticker or Trading Symbol**<br>EBET, Inc. [ EBET ] | **5. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  |
| **2. Date of Event Requiring Statement (Month/Day/Year)**<br>2023-02-06 | **4. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director   [X] 10% Owner<br>[ ] Officer (give title below)   [ ] Other (specify below)<br>_ _ | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities Beneficially Owned

---

|  |  |  |  |
| --- | --- | --- | --- |
| 1. Title of Security | 2. Amount of Securities Beneficially Owned | 3. Ownership Form | 4. Nature of Indirect Beneficial Ownership |

---

## Table II - Derivative Securities Beneficially Owned

---

|  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Underlying Securities | 3. Title and Amount of Underlying Securities | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
| Convertible Note | 2023-02-06<sup>(1)</sup> | 2024-11-29<sup>(2)</sup> | Common Stock | 1396648 | $3.58 | D |  |
| Common Stock Warrants (right to buy) | 2021-11-29 | 2026-11-29 | Common Stock | 2312449 | $16.95 | D |  |

---

### Footnotes:

(1) On November 29, 2021, the Reporting Person entered into a credit agreement with the Registrant (the "Credit Agreement").  In connection with the Credit Agreement, the parties entered into an option agreement to permit, at any time after the Registrant completes common equity financings of at least $5 million (the "Financing Condition"), $5 million of the outstanding loan balance under the Credit Agreement to became convertible to common stock at the Reporting Person's election (the "Note Conversion Option"). In connection with the closing the Registrant's common equity financing on February 6, 2023, the Financing Condition was achieved, and the Reporting Person's Note Conversion Option became exercisable.

(2) The Note Conversion Option expires upon the earlier of (i) maturity of the loan on November 29, 2024, subject to extension in accordance with the terms of the Credit Agreement, or (ii) repayment of the loan in full.

**Signature:** CP BF Lending, LLC,
By: CP Business Finance GP, LLC, its manager,
By: Columbia Pacific Advisors, LLC, its manager/s/ Alan Spragins, Authorized Signatory  
**Date:** 2023-02-15

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**