Sports Entertainment Gaming Global Corp (SEGG): Nasdaq/NYSE listing notice — Lottery.com receives Nasdaq noncompliance notice for failure to obtain shareholder approval for 2023 stock plan

Sports Entertainment Gaming Global Corp

Nasdaq Staff determined Lottery.com failed to comply with Listing Rule 5635(c) regarding shareholder approval for the 2023 Plan and related grants.
Company must submit a compliance plan within 45 calendar days; if accepted, Nasdaq can grant extension up to October 26, 2025.
Noncompliance relates to the 2023 Employees' Directors' and Consultants Stock Issuance and Option Plan and shares issued thereunder.
Potential risk of delisting from Nasdaq if compliance not achieved within extension period.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.95

Sports Entertainment Gaming Global Corp received a nasdaq deficiency notice notice regarding shareholders (rules 5635(c)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: shareholders
Rules: 5635(c)

Exact text from the filing

May 2, 2025, Lottery.com Inc. (the “Company” or “Lottery.com”) received a letter from the Nasdaq Listings Qualifications Staff (“Nasdaq Staff”) Indicating they had determined that the Company failed to comply with Nasdaq’s shareholder approval requirements set forth in Listing Rule 5635(c) (the “Rule”). The Company was required to obtain shareholder approval under Listing Rule 5635(b) prior to the establishment of the 2023 Employees’ Directors’ and Consultants Stock Issuance and Option Plan (the “2023 Plan”) and the Ad Hoc Grants and the shares issued in connection therewith. Under Nasdaq Rule

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Source: SEC EDGAR

accession 0001641172-25-009315

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