8-K
filed August 10, 2023, 7:59 PM ET
ticker SEGG
CIK 0001673481
other material
confidence high
sentiment neutral
materiality 0.60
Lottery.com stockholders approve 1-for-20 reverse stock split effective Aug 9, 2023
Sports Entertainment Gaming Global Corp
- 1-for-20 reverse split effective 5:30 p.m. ET Aug 9, 2023; trading starts Aug 10 under LTRY.
- Authorized shares unchanged; proportionate adjustments to equity awards and warrants; fractional shares paid in cash.
- Nick Kounoupias elected director with 19,775,260 votes for; 167,788 withheld.
- Ratification of Yusufali & Associates LLP as auditors: 26,740,802 for, 379,345 against, 2,396,966 abstain.
- Reverse stock split proposal: 25,825,501 for, 3,259,623 against, 413,989 abstain.
Key facts
Extracted from this filing and checked against the source text.
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
Sports Entertainment Gaming Global Corp: Amendment to Certificate of Incorporation to effect a 1-for-20 reverse stock split (effective 2023-08-09).
- Change
- charter amendment
- Effective
- 2023-08-09
Exact text from the filing
On August 9, 2023, Lottery.com Inc. (the “Company”) filed a Certificate of Amendment (the “Certificate of Amendment”) with the Secretary of State of the State of Delaware to amend the Company’s Second Amended and Restated Certificate of Incorporation to effect, effective as of 5:30 p.m. Eastern Time on August 9, 2023, a 1-for-20 reverse stock split (the “Reverse Stock Split”) of its common stock, par value $0.001 per share (“Common Stock”).
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Sports Entertainment Gaming Global Corp shareholders approved Ratification of appointment of Yusufali & Associates LLP as independent registered public accounting firm for fiscal year ending December 31, 2023 at the 2023-08-07 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-08-07
Exact text from the filing
Proposal No. 3 - Ratification of Independent Auditors The Company’s stockholders ratified the appointment of Yusufali & Associates LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023: FOR AGAINST ABSTAIN BROKER NON-VOTES 26,740,802 379,345 2,396,966 N/A
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Sports Entertainment Gaming Global Corp shareholders approved Approval of amendment to certificate of incorporation to effect a reverse stock split at a ratio in the range of one-for-two to one-for-thirty at the 2023-08-07 meeting.
- Proposal
- reverse split
- Outcome
- passed
- Meeting
- 2023-08-07
Exact text from the filing
Proposal No. 2 – Reverse Stock Split The Company’s stockholders approved an amendment to the Company’s Second Amended and Restated Certificate of Incorporation to effect a reverse stock split of the Company’s Common Stock at a ratio in the range of one-for-two to one-for-thirty of our Common Stock, with the exact ratio to be determined in the discretion of our Board with such reverse stock split to be effected at such time and date, if at all, as determined by our Board in its sole discretion: FOR AGAINST ABSTAIN BROKER NON-VOTES 25,825,501 3,259,623 413,989 —
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Sports Entertainment Gaming Global Corp shareholders approved Election of director for a three-year term at the 2023-08-07 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-08-07
Exact text from the filing
Proposal No. 1 - Director Election The following nominee was elected to serve as a director of the Company for a three-year term: FOR WITHHELD BROKER NON-VOTES Nick Kounoupias 19,775,260 167,788 N/A
View on SEC.gov
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