Lottery.com finalizes $1M acquisition of S&MI Ltd (SportLocker), rebranded as Sports.com; closes Sept 1, 2024

Sports Entertainment Gaming Global Corp

Purchase price of $1,000,000 in restricted stock units at $3.00 per share, paid in five installments with vesting and restrictions.
Price adjustment mechanism: if stock price on six-month anniversary is below $3.00, additional shares issued to make up difference.
Sports.com plans to launch streaming, social media, global expansion, and immersive technology in 2025.
Acquisition positions Lottery.com to develop a digital sports entertainment platform leveraging MNO partnerships.

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