---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-007783"
form_type: "8-K"
ticker: "SEGG"
cik: "0001673481"
company_name: "Sports Entertainment Gaming Global Corp"
filed_at: "2023-03-15T23:59:59+00:00"
generated_at: "2026-06-18T02:08:51.247773+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Lottery.com receives Nasdaq delisting notice; director resigns citing board disagreements

## Summary
- Nasdaq notified on March 13 of audit committee non-compliance after director Naila Chowdhry resigned.
- Chowdhry resigned March 9 citing disagreements over board independence, governance, and alleged fiduciary breaches; board rejects claims.
- Company faces bid price non-compliance (below $1) and unfiled Q2/Q3 2022 reports; delisting appeal pending, hearing in 30-45 days.
- Audit committee engaged Yusufali & Associates on March 6 to re-audit 2021 and 2020 financials; no prior disagreements.
- If delisted, trading in LTRY/LTRYW could be impaired, affecting capital raising and potentially triggering defaults.

## SEC filing metadata
- accession: 0001493152-23-007783
- form_type: 8-K
- ticker: SEGG
- cik: 0001673481
- company_name: Sports Entertainment Gaming Global Corp
- filed_at: 2023-03-15T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 3.01, 5.02, 4.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1673481/000149315223007783/0001493152-23-007783-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1673481/000149315223007783/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-007783
- JSON: https://secwatch.observer/filing/0001493152-23-007783.json
- Plain text: https://secwatch.observer/filing/0001493152-23-007783.txt

## Key facts
- Auditor Changes
  Sports Entertainment Gaming Global Corp engaged Yusufali & Associates, LLC as its auditor.
  - Action: engagement
  - Auditor: Yusufali & Associates, LLC
  source text: the Audit Committee of the Board of Directors of the Company approved the engagement of Yusufali & Associates, LLC, (“ Yusufali ”) as the Company’s new independent registered public accounting firm, effective immediately for the fiscal year ended December 31, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1673481/000149315223007783/0001493152-23-007783-index.htm
- Listing & Compliance Notices
  Sports Entertainment Gaming Global Corp received a nasdaq noncompliance notice notice regarding other.
  - Exchange: nasdaq
  - Notice: noncompliance notice
  source text: received a notice (the “ Notice ”) from The Nasdaq Stock Market LLC (“ Nasdaq ”) stating that, as a result of the resignation of Naila Chowdhry from the Board of Directors of the Company and the Audit Committee and Compensation Committee of the Board of Directors (as discussed in
  evidence_url: https://www.sec.gov/Archives/edgar/data/1673481/000149315223007783/0001493152-23-007783-index.htm
- Executive change
  Naila Chowdhry resigned as Director at Sports Entertainment Gaming Global Corp.
  - Action: resigned
  - Role: Director
  source text: On March 9, 2023, the Company received a letter from Naila Chowdhry announcing her resignation from the Company’s Board of Directors, effective immediately as of 6:00 p.m. Eastern Standard Time on March 9, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1673481/000149315223007783/0001493152-23-007783-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.