8-Kfiled July 22, 2022, 7:59 PM ETticker SEGGCIK 0001673481
other materialconfidence highsentiment negativemateriality 0.85
Lottery.com restates 2021 and Q1 2022 financials; CEO Tony DiMatteo resigns
Sports Entertainment Gaming Global Corp
Auditor Armanino LLP advised that audited 2021 FY and unaudited Q1 2022 financials should no longer be relied upon due to undisclosed line of credit by a subsidiary in January 2022.
CEO Tony DiMatteo resigned effective July 22, 2022; will serve as Senior Advisor to the Board for a $1,000/month consulting fee.
DiMatteo entered a resignation and release agreement waiving employment agreement rights and any severance, and agreed to cooperate in ongoing investigations.
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