---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-016016"
form_type: "8-K"
ticker: "SEGG"
cik: "0001673481"
company_name: "Sports Entertainment Gaming Global Corp"
filed_at: "2025-06-23T23:59:59+00:00"
generated_at: "2026-05-18T23:49:57.539764+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Lottery.com enters $300M stock purchase agreement with Generating Alpha Ltd at 94% of VWAP

## Summary
- Generating Alpha Ltd to purchase up to $300M of LTRY common stock via put requests at 94% of 5-day VWAP.
- Minimum put amount $20,000; maximum put equals 100% of average daily trading volume; investor capped at 4.99% ownership.
- Commitment fee of 682,410 shares paid as prefunded stock purchase warrant on execution.
- Additional prefunded warrants for 1.5% of each $50M tranche after $100M drawn, priced at last put clearing VWAP.
- Agreement is an amendment to prior stock purchase arrangement; full terms to be filed later.

## SEC filing metadata
- accession: 0001641172-25-016016
- form_type: 8-K
- ticker: SEGG
- cik: 0001673481
- company_name: Sports Entertainment Gaming Global Corp
- filed_at: 2025-06-23T23:59:59+00:00
- event_type: other_material
- 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/1673481/000164117225016016/0001641172-25-016016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1673481/000164117225016016/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-016016
- JSON: https://secwatch.observer/filing/0001641172-25-016016.json
- Plain text: https://secwatch.observer/filing/0001641172-25-016016.txt

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