{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-026320","form_type":"8-K","ticker":"SEGG","cik":"0001673481","company_name":"Sports Entertainment Gaming Global Corp","filed_at":"2023-08-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.804707+00:00","generated_at":"2026-06-12T18:32:03.273982+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Lottery.com enters $50M credit facility with UCIL; resolves Nasdaq audit committee issue","bullets":["$1M initial loan with warrants for 4.5-15% of outstanding common stock; accordion up to $49M at lender's discretion.","Interest rate 10% per annum; conversion option at $0.075/share or fair value with 20% discount.","Lender UCIL is related to interim CEO Matthew McGahan and board member Barney Battles.","Company disputes default notices from prior lender Woodford Eurasia Assets under separate loan agreement.","Nasdaq confirms compliance with audit committee independence rule following board appointments."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-026320","json":"https://secwatch.observer/filing/0001493152-23-026320.json","markdown":"https://secwatch.observer/filing/0001493152-23-026320.md","text":"https://secwatch.observer/filing/0001493152-23-026320.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1673481/000149315223026320/0001493152-23-026320-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1673481/000149315223026320/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T18:32:03.273982+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8179262b14f13044429ee6148010419f8e0cc06f","claim":"Sports Entertainment Gaming Global Corp entered into Credit Facility with United Capital Investments London Limited valued at $1,000,000 Initial Loan; up to $49,000,000 Accordion; 10% interest per annum; warrants for 4.5%-15% (effective 2023-07-26).","evidence_excerpt":"On July 26, 2023, Lottery.com Inc. (the \"Company\") entered into a credit facility (the \"Credit Facility\") with United Capital Investments London Limited (\"UCIL\").","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1673481/000149315223026320/0001493152-23-026320-index.htm","confidence":0.98,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"United Capital Investments London Limited"},{"label":"Value","value":"$1,000,000 Initial Loan; up to $49,000,000 Accordion; 10% interest per annum; warrants for 4.5%-15%"},{"label":"Effective","value":"2023-07-26"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}