Lottery.com Files Amended Registration Statement on Form S-1
Lottery.com (NASDAQ: LTRY) has filed an amended S-1 registration statement with the SEC related to a $100 million committed stock purchase agreement with Generating Alpha signed in November 2024. The agreement gives the company the right, but not obligation, to draw down capital through common stock sales.
The funding will support the company's strategic initiatives including:
- Resumption of core domestic lottery operations and sweepstakes
- International lottery expansion into Mexico, Africa, Asia, and Europe
- Growth in digital sports and entertainment media through Sports.com platform
- Strategic acquisitions across Lottery.com and Sports.com properties
The company maintains compliance with Nasdaq listing requirements and SEC regulations as it positions for growth in the $2.4 trillion global streaming and sports content market.
Lottery.com (NASDAQ: LTRY) ha presentato una dichiarazione di registrazione S-1 modificata alla SEC relativa a un accordo di acquisto di azioni impegnato da 100 milioni di dollari con Generating Alpha, firmato nel novembre 2024. L'accordo concede all'azienda il diritto, ma non l'obbligo, di raccogliere capitali tramite la vendita di azioni ordinarie.
I fondi supporteranno le iniziative strategiche dell'azienda, tra cui:
- Ripresa delle operazioni principali della lotteria nazionale e dei concorsi a premi
- Espansione internazionale della lotteria in Messico, Africa, Asia ed Europa
- Crescita nei media digitali sportivi e di intrattenimento attraverso la piattaforma Sports.com
- Acquisizioni strategiche nelle proprietà di Lottery.com e Sports.com
L'azienda mantiene la conformità ai requisiti di quotazione Nasdaq e alle normative SEC mentre si prepara a crescere nel mercato globale dello streaming e dei contenuti sportivi da 2,4 trilioni di dollari.
Lottery.com (NASDAQ: LTRY) ha presentado una declaración de registro S-1 enmendada ante la SEC relacionada con un acuerdo comprometido de compra de acciones por 100 millones de dólares con Generating Alpha, firmado en noviembre de 2024. El acuerdo otorga a la compañía el derecho, pero no la obligación, de obtener capital mediante la venta de acciones ordinarias.
Los fondos apoyarán las iniciativas estratégicas de la empresa, que incluyen:
- Reanudación de las operaciones principales de lotería nacional y sorteos
- Expansión internacional de loterías en México, África, Asia y Europa
- Crecimiento en medios digitales deportivos y de entretenimiento a través de la plataforma Sports.com
- Adquisiciones estratégicas en las propiedades de Lottery.com y Sports.com
La empresa mantiene el cumplimiento con los requisitos de cotización de Nasdaq y las regulaciones de la SEC mientras se posiciona para crecer en el mercado global de contenido deportivo y streaming de 2,4 billones de dólares.
Lottery.com (NASDAQ: LTRY)는 2024년 11월에 체결된 Generating Alpha와의 1억 달러 규모의 확정 주식 매수 계약과 관련하여 SEC에 수정된 S-1 등록 서류를 제출했습니다. 이 계약은 회사에 보통주 판매를 통해 자본을 조달할 수 있는 권리를 부여하지만 의무는 아닙니다.
이번 자금 조달은 다음과 같은 회사의 전략적 계획을 지원할 것입니다:
- 국내 핵심 복권 운영 및 경품 행사 재개
- 멕시코, 아프리카, 아시아, 유럽으로의 국제 복권 확장
- Sports.com 플랫폼을 통한 디지털 스포츠 및 엔터테인먼트 미디어 성장
- Lottery.com과 Sports.com 자산 전반에 걸친 전략적 인수
회사는 Nasdaq 상장 요건과 SEC 규정을 준수하며, 2.4조 달러 규모의 글로벌 스트리밍 및 스포츠 콘텐츠 시장에서 성장을 준비하고 있습니다.
Lottery.com (NASDAQ : LTRY) a déposé une déclaration d'enregistrement S-1 modifiée auprès de la SEC concernant un accord d'achat d'actions engagé de 100 millions de dollars avec Generating Alpha, signé en novembre 2024. Cet accord donne à la société le droit, mais pas l'obligation, de lever des fonds par la vente d'actions ordinaires.
Le financement soutiendra les initiatives stratégiques de l'entreprise, notamment :
- La reprise des opérations principales de loterie nationale et des tirages au sort
- L'expansion internationale de la loterie au Mexique, en Afrique, en Asie et en Europe
- La croissance des médias numériques sportifs et de divertissement via la plateforme Sports.com
- Des acquisitions stratégiques au sein des propriétés Lottery.com et Sports.com
L'entreprise maintient sa conformité aux exigences de cotation Nasdaq et aux réglementations de la SEC tout en se positionnant pour croître sur le marché mondial du streaming et des contenus sportifs de 2,4 billions de dollars.
Lottery.com (NASDAQ: LTRY) hat eine geänderte S-1-Registrierungserklärung bei der SEC eingereicht, die sich auf eine verpflichtete Aktienkaufvereinbarung über 100 Millionen US-Dollar mit Generating Alpha bezieht, die im November 2024 unterzeichnet wurde. Die Vereinbarung gibt dem Unternehmen das Recht, aber nicht die Verpflichtung, Kapital durch den Verkauf von Stammaktien aufzunehmen.
Die Finanzierung wird die strategischen Initiativen des Unternehmens unterstützen, darunter:
- Wiederaufnahme der Kernaktivitäten im nationalen Lotteriegeschäft und Gewinnspielen
- Internationale Expansion der Lotterie in Mexiko, Afrika, Asien und Europa
- Wachstum im digitalen Sport- und Unterhaltungsmedienbereich über die Sports.com-Plattform
- Strategische Akquisitionen im Bereich der Lottery.com- und Sports.com-Immobilien
Das Unternehmen erfüllt weiterhin die Nasdaq-Listingsanforderungen und SEC-Vorschriften, während es sich auf Wachstum im 2,4 Billionen US-Dollar schweren globalen Streaming- und Sportinhaltsmarkt vorbereitet.
- $100M committed funding facility provides financial flexibility
- Maintains Nasdaq listing compliance
- Strategic expansion into international markets
- Owns valuable digital assets (Lottery.com and Sports.com domains)
- No immediate dilution pressure due to optional draw-down structure
- Stock sale agreement may lead to future dilution
- Registration statement not yet effective
- Requires operational relaunch of core business
- Subject to various regulatory risks and uncertainties
Insights
Lottery.com secures $100M flexible funding agreement, providing critical capital access for strategic turnaround without immediate dilution pressure.
The $100 million committed stock purchase agreement with Generating Alpha represents a strategic financial mechanism for Lottery.com's turnaround efforts. Unlike traditional financing, this structure gives the company discretionary drawing rights - allowing management to access capital through common stock sales when needed without immediate dilution constraints.
This arrangement provides significant financial flexibility at a critical juncture, as the company prepares to resume domestic lottery operations, expand internationally, and grow its Sports.com platform targeting the digital sports entertainment market. The capital access could accelerate their stated "buy-and-build" acquisition strategy across both verticals.
Two important technical considerations: First, the S-1 registration statement has not yet been declared effective by the SEC, meaning this capital source remains pending regulatory approval. Second, while the funding mechanism offers flexibility, any future drawdowns will involve issuing new shares with potential dilution implications.
The company's maintained Nasdaq compliance provides regulatory stability supporting their operational relaunch. However, execution challenges remain substantial as noted in their forward-looking statements disclaimer.
FORT WORTH, Texas, April 25, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. (Nasdaq: LTRY), a leading technology company a leading technology company in digital lottery, charitable sweepstakes and sports entertainment, today announced the filing of an amended registration statement on Form S-1 with the U.S. Securities and Exchange Commission (“SEC”). The filing is related to the registration of shares issuable under a
Under the SPA with Generating Alpha, signed in November 2024, Lottery.com has the right—but not the obligation—to draw down up to
Strategic Highlights from the S-1 Filing:
- Operational Relaunch: Lottery.com is preparing to resume its core domestic lottery operations, has restarted sweepstakes, and initiated international lottery revenue programs to support its existing business in Mexico and expand to Africa, Asia, and Europe.
- Growth in Digital Sports and Entertainment Media: Through its Sports.com platform, the Company is targeting the rapidly growing
$2.4 trillion global streaming and sports content market, with plans for original content production and immersive fan engagement. - Flexible Capital Access: The
$100 million SPA with Generating Alpha allow the Company to control its capital deployment, enabling it to scale without immediate dilution pressures. - Premium Digital Assets: Lottery.com and Sports.com represent high-value domain IP. The strength of those brand names is key to the Company’s brand positioning and competitive advantage in the digital entertainment landscape.
- NASDAQ and SEC Compliance: The Company remains in full compliance with Nasdaq’s continued listing requirements and SEC regulations, reinforcing its stability as it repositions for growth.
Matthew McGahan, Chairman and CEO of Lottery.com, commented:
"With the flexibility of our
A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.
Important Notice Regarding Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding the Company’s strategy, future operations, prospects, plans and objectives of management, are forward-looking statements. When used in this Form 8-K, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” “initiatives,” “continue,” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. The forward-looking statements speak only as of the date of this press release or as of the date they are made. The Company cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company. In addition, the Company cautions you that the forward-looking statements contained in this press release are subject to risks and uncertainties, including but not limited to, any future findings from ongoing review of the Company’s internal accounting controls, additional examination of the preliminary conclusions of such review, the Company’s ability to secure additional capital resources, the Company’s ability to continue as a going concern, the Company’s ability to respond in a timely and satisfactory matter to the inquiries by Nasdaq, the Company’s ability to regain compliance with the Bid Price Requirement, the Company’s ability to regain compliance with Nasdaq Listing Rules, the Company’s ability to become current with its SEC reports, and those additional risks and uncertainties discussed under the heading “Risk Factors” in the Form 10-K/A filed by the Company with the SEC on April 22, 2024, and the other documents filed, or to be filed, by the Company with the SEC. Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in the reports that the Company has filed and will file from time to time with the SEC. These SEC filings are available publicly on the SEC’s website at www.sec.gov. Should one or more of the risks or uncertainties described in this press release materialize or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Except as otherwise required by applicable law, the Company disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release.
This press release was published by a CLEAR® Verified individual.
For more information, please visit www.lottery.com or contact our media relations team at press@lottery.com.
FAQ
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