---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-048080"
form_type: "8-K"
ticker: "SEGG"
cik: "0001673481"
company_name: "Sports Entertainment Gaming Global Corp"
filed_at: "2024-11-29T23:59:59+00:00"
generated_at: "2026-05-29T12:57:46.668385+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Lottery.com enters $100M stock purchase agreement with Generating Alpha at 10% discount

## Summary
- Generating Alpha Ltd. commits to buy up to $100M of Lottery.com common stock at 90% of 20-day VWAP.
- Each Put minimum $20,000; maximum equals 100% of average daily trading volume; 4.99% ownership cap.
- Commitment fee: 1.5% of half Commitment Amount in shares; additional 1.5% after half drawn.
- Agreement dated November 21, 2024; filed November 27, 2024.
- Proceeds intended to provide additional capital; company has going concern risks.

## SEC filing metadata
- accession: 0001493152-24-048080
- form_type: 8-K
- ticker: SEGG
- cik: 0001673481
- company_name: Sports Entertainment Gaming Global Corp
- filed_at: 2024-11-29T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1673481/000149315224048080/0001493152-24-048080-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1673481/000149315224048080/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-048080
- JSON: https://secwatch.observer/filing/0001493152-24-048080.json
- Plain text: https://secwatch.observer/filing/0001493152-24-048080.txt

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