Sports Entertainment Gaming Global Corp (SEGG): Nasdaq/NYSE listing notice — Lottery.com receives Nasdaq delisting notice for failing MVPHS minimum

Sports Entertainment Gaming Global Corp

On Nov 29, 2023, Lottery.com received notice that its MVPHS was below $5,000,000 for 30 consecutive business days.
Company has a 180-day grace period until May 28, 2024 to regain compliance by closing at $5,000,000 for ten consecutive days.
If compliance is not regained by May 28, 2024, Nasdaq will issue a delisting notification.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Sports Entertainment Gaming Global Corp received a nasdaq deficiency notice notice regarding market value (rules 5450(b)(1)(C)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: market value
Rules: 5450(b)(1)(C)

Exact text from the filing

November 29, 2023, Lottery.com, Inc. (the “Company”) received written notice (the “Notice”) from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that based upon its review of the Company’s Market Value of Publicly Held Shares (“MVPHS”) for the last 30 consecutive business days, the Company no longer meets the minimum requirement of $5,000,000 set forth in Nasdaq Listing Rule 5450(b)(1)(C). However, under the Listing Rules, the Company was provided a 180-calendar day grace period to regain compliance, through May 28, 2024. If at anytime during the complianc

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Sports Entertainment Gaming Global Corp filing history →

Source: SEC EDGAR

accession 0001493152-23-043917

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