---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-002838"
form_type: "8-K"
ticker: "SEGG"
cik: "0001673481"
company_name: "Sports Entertainment Gaming Global Corp"
filed_at: "2026-01-20T23:59:59+00:00"
generated_at: "2026-05-16T09:33:45.118220+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Lottery.com closes $1.7M registered direct offering, terminates $150M UCIL loan

## Summary
- Closed registered direct offering of 2,449,857 shares for gross proceeds of ~$1.7M on January 20, 2026.
- Terminated $150M loan agreement with United Capital Investments London Limited (UCIL), eliminating potential large dilution.
- Agreed to terminate Evergreen Capital note; received $500K in December and will not draw remaining $2M.
- Net proceeds to be used for working capital and previously announced acquisitions of cash-generative businesses (Veloce Media, Nook Holdings).

## SEC filing metadata
- accession: 0001493152-26-002838
- form_type: 8-K
- ticker: SEGG
- cik: 0001673481
- company_name: Sports Entertainment Gaming Global Corp
- filed_at: 2026-01-20T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1673481/000149315226002838/0001493152-26-002838-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1673481/000149315226002838/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-002838
- JSON: https://secwatch.observer/filing/0001493152-26-002838.json
- Plain text: https://secwatch.observer/filing/0001493152-26-002838.txt

## Key facts
- Material Agreements
  Sports Entertainment Gaming Global Corp terminated UCIL Loan Agreement with United Capital Investments London Limited (effective 2026-01-20).
  - Action: termination
  - Agreement: credit facility
  - Counterparty: United Capital Investments London Limited
  - Effective: 2026-01-20
  source text: On January 20, 2026, Lottery.com Inc. (the “Company”) terminated its financing arrangement with United Capital Investments London Limited (“UCIL”) originally entered into on July 23, 2023, subsequently amended and restated on August 8, 2023, later amended on August 18, 2023, and finally amended and restated on February 16, 2024 (collectively, as amended and restated, the “UCIL Loan Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1673481/000149315226002838/0001493152-26-002838-index.htm

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