---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-026120"
form_type: "8-K"
ticker: "SEGG"
cik: "0001673481"
company_name: "Sports Entertainment Gaming Global Corp"
filed_at: "2025-12-04T23:59:59+00:00"
generated_at: "2026-05-16T14:50:10.173204+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-25-026120
- form_type: 8-K
- ticker: SEGG
- cik: 0001673481
- company_name: Sports Entertainment Gaming Global Corp
- filed_at: 2025-12-04T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1673481/000149315225026120/0001493152-25-026120-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1673481/000149315225026120/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-026120
- JSON: https://secwatch.observer/filing/0001493152-25-026120.json
- Plain text: https://secwatch.observer/filing/0001493152-25-026120.txt

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