secwatch.observer — SEC 8-K summary
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Issuer:     Sports Entertainment Gaming Global Corp (SEGG)
CIK:        0001673481
Form:       8-K/A
Filed at:   2025-06-23T23:59:59+00:00
Accession:  0001641172-25-016026
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lottery.com enters amended stock purchase agreement with Generating Alpha for up to $300M
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- Generating Alpha Ltd. commits to buy up to $300M of Lottery.com common stock at 94% of Market Price (lowest 5-day VWAP).
- Company issued 682,410 shares as a prefunded Common Stock Purchase Warrant for commitment fee.
- Each Put limited to 100% of average daily trading volume; investor cannot own more than 4.99% of common stock.
- Additional prefunded warrants equal to 1.5% of $50M tranche after first $100M drawn from commitment.
- Minimum Put amount is $20,000; Maximum Put Amount may be increased by mutual consent.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1673481/000164117225016026/0001641172-25-016026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1673481/000164117225016026/form8-ka.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-016026

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer