---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-033287"
form_type: "8-K"
ticker: "SEGG"
cik: "0001673481"
company_name: "Sports Entertainment Gaming Global Corp"
filed_at: "2024-08-20T23:59:59+00:00"
generated_at: "2026-05-31T08:28:43.570901+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-24-033287
- form_type: 8-K
- ticker: SEGG
- cik: 0001673481
- company_name: Sports Entertainment Gaming Global Corp
- filed_at: 2024-08-20T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1673481/000149315224033287/0001493152-24-033287-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1673481/000149315224033287/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-033287
- JSON: https://secwatch.observer/filing/0001493152-24-033287.json
- Plain text: https://secwatch.observer/filing/0001493152-24-033287.txt

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