Lottery.com enters $2.875M senior secured convertible note agreement with Evergreen Capital

Sports Entertainment Gaming Global Corp

Issued $2.875M principal senior secured convertible promissory note to Evergreen Capital; net proceeds $2.5M after $375K OID.
Initial $500K funded at Dec 2 closing; remaining $2M contingent on SEC registration and shareholder approval.
Conversion shares trigger Nasdaq shareholder approval requirement due to potential issuance >20% of outstanding.
Note is senior secured with OID covering transaction costs; funds bolster liquidity.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Sports Entertainment Gaming Global Corp entered into Securities Purchase Agreement with Evergreen Capital Management, LLC valued at $2,875,000 (effective 2025-12-02).

Action: entry
Agreement: equity purchase
Counterparty: Evergreen Capital Management, LLC
Value: $2,875,000
Effective: 2025-12-02

Exact text from the filing

On December 2, 2025, Lottery.com Inc. (the “ Company ” or the “ Registrant ”) and Evergreen Capital Management, LLC., a Nevada company, (the “ Purchaser ”) entered into a fully-executed Securities Purchase Agreement (the “ Agreement ”).

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Sports Entertainment Gaming Global Corp filing history →

Source: SEC EDGAR

accession 0001493152-25-026120

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