Lottery.com (SEGG Media) to acquire 12.4% to 51% of Veloce Media Group for up to £5.7M

Sports Entertainment Gaming Global Corp

Subscription Agreement: SEGG pays £5,675,445 GBP ($7.6M) in two tranches for up to 12.4% stake in Veloce.
Tranche One: £2M cash for 4.74% stake; Tranche Two: £3.68M (min £1.19M cash, balance in SEGG stock at $1/share) for 12.4% total.
Call Option allows SEGG to buy additional shares to reach 51% at £50M pre-money valuation, expiring Oct 31, 2025.
Upon Tranche Two completion, SEGG gets two board seats; upon Call Option exercise, control of Veloce board.

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