M&A
confidence high
sentiment neutral
materiality 0.65
Lottery.com enters LOI to acquire majority stake in Dotcom Ventures for $5M
Sports Entertainment Gaming Global Corp
- LOI covers minimum 51% up to 100% of Dotcom Ventures Inc., including concerts.com and ticketstub.com domains.
- Purchase price of $5M payable in cash, restricted stock units at fixed $3.00/share, or combination.
- Fixed price of $3.00 per share subject to downward adjustment if closing price lower on April 30, 2026.
- Closing expected by August 1, 2025; SPA execution by June 30, 2025; subject to board, shareholder, and Nasdaq/SEC approval.