Lottery.com raises ~$1.7M in registered direct offering; terminates two prior financing deals

Sports Entertainment Gaming Global Corp

Offered 2,449,857 shares at $0.70/share, gross proceeds ~$1.7M; closed Jan 20, 2026.
Terminates Evergreen Capital note; received $500k in Dec 2025, will not draw remaining $2M.
Terminates $150M loan agreement with UCIL; no further equity issuances or dilution expected from that deal.
Net proceeds to fund working capital, previously announced acquisitions of Veloce Media, Nook Holdings, etc.
Company withdrew from both financing arrangements; no material adverse impact on liquidity expected.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Sports Entertainment Gaming Global Corp entered into Placement Agency Agreement with Dawson James Securities, Inc. (effective 2026-01-16).

Action: entry
Agreement: underwriting
Counterparty: Dawson James Securities, Inc.
Effective: 2026-01-16

Exact text from the filing

On January 16, 2026, Lottery.com Inc. (the “Company”) entered into a Placement Agency Agreement (the “Placement Agency Agreement”) with Dawson James Securities, Inc. (“Dawson”), pursuant to which the Company engaged Dawson to serve as the placement agent, on a reasonable “best efforts” basis, in connection with a registered public offering (the “Offering”) of an aggregate of 2,449,857 shares of the Company’s common stock, par value $0.001 (“Common Stock”).

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Sports Entertainment Gaming Global Corp entered into Purchase Agreement with certain investors in the Offering (effective 2026-01-16).

Action: entry
Agreement: equity purchase
Counterparty: certain investors in the Offering
Effective: 2026-01-16

Exact text from the filing

The Company also entered into a securities purchase agreement with certain investors in the Offering (the “Purchase Agreement”).

View on SEC.gov

303 material agreements filed in the last 30 days. Browse all material agreements →

Sports Entertainment Gaming Global Corp filing history →

Source: SEC EDGAR

accession 0001493152-26-002854

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