Sports Entertainment Gaming Global Corp — fact timeline
Source-grounded facts extracted from Sports Entertainment Gaming Global Corp's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
Sports Entertainment Gaming Global Corp shareholders approved Ratification of appointment of Yusufali & Associates LLP as independent registered public accounting firm for fiscal year ending December 31, 2023 at the 2023-08-07 meeting.
“Proposal No. 3 - Ratification of Independent Auditors The Company’s stockholders ratified the appointment of Yusufali & Associates LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023: FOR AGAINST ABSTAIN BROKER NON-VOTES 26,740,802 379,345 2,396,966 N/A”
Shareholder Votes
Sports Entertainment Gaming Global Corp shareholders approved Approval of amendment to certificate of incorporation to effect a reverse stock split at a ratio in the range of one-for-two to one-for-thirty at the 2023-08-07 meeting.
“Proposal No. 2 – Reverse Stock Split The Company’s stockholders approved an amendment to the Company’s Second Amended and Restated Certificate of Incorporation to effect a reverse stock split of the Company’s Common Stock at a ratio in the range of one-for-two to one-for-thirty of our Common Stock, with the exact ratio to be determined in the discretion of our Board with such reverse stock split to be effected at such time and date, if at all, as determined by our Board in its sole discretion: FOR AGAINST ABSTAIN BROKER NON-VOTES 25,825,501 3,259,623 413,989 —”
Shareholder Votes
Sports Entertainment Gaming Global Corp shareholders approved Election of director for a three-year term at the 2023-08-07 meeting.
“Proposal No. 1 - Director Election The following nominee was elected to serve as a director of the Company for a three-year term: FOR WITHHELD BROKER NON-VOTES Nick Kounoupias 19,775,260 167,788 N/A”
Material Agreements
Sports Entertainment Gaming Global Corp entered into Credit Facility with United Capital Investments London Limited valued at $1,000,000 Initial Loan; up to $49,000,000 Accordion; 10% interest per annum; warrants for 4.5%-15% (effective 2023-07-26).
“On July 26, 2023, Lottery.com Inc. (the "Company") entered into a credit facility (the "Credit Facility") with United Capital Investments London Limited ("UCIL").”
Tamer T. Hassan was appointed as Independent Director at Sports Entertainment Gaming Global Corp.
“appointed Paul S. Jordan and Tamer T. Hassan as independent members of the Board of Directors, effective immediately.”
Paul S. Jordan was appointed as Independent Director at Sports Entertainment Gaming Global Corp.
“appointed Paul S. Jordan and Tamer T. Hassan as independent members of the Board of Directors, effective immediately.”
Robert J. Stubblefield was appointed as Chief Financial Officer at Sports Entertainment Gaming Global Corp.
“On July 14, 2023, the board of directors (the “Board of Directors”) of Lottery.com, Inc. (the “Company”) appointed Robert J. Stubblefield as Chief Financial Officer of the Company, effective immediately.”
Matthew McGahan was appointed as interim Chief Executive Officer at Sports Entertainment Gaming Global Corp.
“and appointed Matthew McGahan, the Chairman of the Board of Directors, to serve as interim Chief Executive Officer”
Mark Gustavson was terminated as Chief Executive Officer at Sports Entertainment Gaming Global Corp.
“On July 20, 2023, the Board of Directors terminated Mark Gustavson from his role as Chief Executive Officer of the Company”
Listing & Compliance Notices
Sports Entertainment Gaming Global Corp received a nasdaq delisting notice notice regarding late filing.
“May 15, 2023, the Company shall provide the Panel with updated financial projections for 2022 and 2023, including income statements and balance sheets; and 2. On or before May 15, 2023, the Company shall file with the SEC the amended Annual Report on Form 10-K for the year ended December 31, 2021 (the “Amended 2021 10-K”) and Quarterly Report on Form 10-Q for the quarter ending March 31, 2022. In accordance with the Panel’s decision, the Company filed its Amended 2021 10-K on May 10, 2023. The Company intends to comply with the remaining conditions set forth by the Panel, as stated in the”
Listing & Compliance Notices
Sports Entertainment Gaming Global Corp received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).
“April 4, 2023, the Company received an additional notice (the “ Notice ”) from Nasdaq indicating that as a result of the fact that the Company’s Annual Report on Form 10-K for the year ended December 31, 2022 has not been filed, Nasdaq did not receive the Annual Report, and it does not comply with Nasdaq’s filing requirements set forth in Listing Rule 5250(c)(1), this matter serves as an additional basis for delisting the Company’s securities from The Nasdaq Stock Market. As previously disclosed, the Company has requested a hearing to appeal Nasdaq’s delisting determination. At the panel heari”
Nick Kounoupias was appointed as Independent Director at Sports Entertainment Gaming Global Corp.
“On April 10, 2023, the Company publicly announced the appointment of experienced lawyer, Nick Kounoupias, as an independent member of the Company’s Board of Directors.”
Listing & Compliance Notices
Sports Entertainment Gaming Global Corp received a nasdaq extension granted notice regarding late filing.
“March 16, 2023, Nasdaq provided the Company notice that the Nasdaq hearings panel (the “ Panel ”) had granted the request of the Company extend the automatic 15-day stay of suspension from Nasdaq, pending the appeal hearing scheduled for April 13, 2023, and a final determination regarding the Company’s listing status. At the panel hearing, the Company intends to present a plan to regain compliance with the Rule and to file the Company’s deficient quarterly reports for the quarters ended June 30, 2022 and September 30, 2022. In this regard, the Company is continuing to work to become compliant”
Listing & Compliance Notices
Sports Entertainment Gaming Global Corp received a nasdaq delisting notice notice regarding late filing (rules 5550(a)(2)).
“February 23, 2023, the Company received a determination letter from the Staff advising the Company that the Staff had determined that the Company had not regained compliance with the Rule and that the Company was not eligible for a second 180 day period as the Company has not filed its periodic reports with the Securities and Exchange Commission (the “ SEC ”) and Nasdaq, for the quarters ended June 30, 2022 and September 30, 2022, and that it no longer complies with Nasdaq’s Listing Rules for continued listing. The Staff also confirmed to the Company in its February 23, 2023 letter that the fa”
Auditor Changes
Sports Entertainment Gaming Global Corp engaged Yusufali & Associates, LLC as its auditor.
“the Audit Committee of the Board of Directors of the Company approved the engagement of Yusufali & Associates, LLC, (“ Yusufali ”) as the Company’s new independent registered public accounting firm, effective immediately for the fiscal year ended December 31, 2022”
Listing & Compliance Notices
Sports Entertainment Gaming Global Corp received a nasdaq noncompliance notice notice regarding other.
“received a notice (the “ Notice ”) from The Nasdaq Stock Market LLC (“ Nasdaq ”) stating that, as a result of the resignation of Naila Chowdhry from the Board of Directors of the Company and the Audit Committee and Compensation Committee of the Board of Directors (as discussed in”
Naila Chowdhry resigned as Director at Sports Entertainment Gaming Global Corp.
“On March 9, 2023, the Company received a letter from Naila Chowdhry announcing her resignation from the Company’s Board of Directors, effective immediately as of 6:00 p.m. Eastern Standard Time on March 9, 2023”
Edward K. Moffly resigned as Interim Chief Financial Officer at Sports Entertainment Gaming Global Corp.
“Previously, on January 30, 2023, Mr. Edward K. Moffly resigned as Interim Chief Financial Officer of the Company.”
Sohail S. Quraeshi departed as Chief Executive Officer at Sports Entertainment Gaming Global Corp.
“Mr. Mark Gustavson, as CEO, replaced Mr. Sohail S. Quraeshi, who is no longer serving as Chief Executive Officer or as a principal executive officer of the Company, effective February 1, 2023”
Mark Gustavson was appointed as Interim Chief Financial Officer at Sports Entertainment Gaming Global Corp.
“Mr. Gustavson will also serve as principal financial/accounting officer of the Company until a replacement is found.”
Mark Gustavson was appointed as Chief Executive Officer at Sports Entertainment Gaming Global Corp.
“On February 1, 2023, the Board of Directors of Lottery.Com, Inc. (the “ Company ”, “ we ” and “ us ”) appointed Mr. Mark Gustavson as Chief Executive Officer and principal executive officer of the Company.”
Listing & Compliance Notices
Sports Entertainment Gaming Global Corp received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).
“November 16, 2022, from the Nasdaq Stock Market LLC (“Nasdaq”) indicating that, as a result of an additional delinquency in the timely filing of the Company’s Form 10-Q for the period ended September 30, 2022, as well as not having timely filed the Form 10-Q for the period ended June 30, 2022, with the SEC, (collectively, the “10-Q’s”) the Company is remains out of compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”), which requires timely filing of all required periodic financial reports with the SEC. The Company is working toward filing the Form 10-Q’s as soon as practicable”
Material Agreements
Sports Entertainment Gaming Global Corp entered into Agreement with Woodford Eurasia Assets Ltd. (effective 2022-11-23).
“On November 23, 2022, The Company was presented with a Definitive Agreement (the “Agreement”) by and between the Corporation and Woodford based on the Term Sheet, which Agreement the Corporation finds acceptable and in the best interests of its shareholders.”
Richard Kivel resigned as Director at Sports Entertainment Gaming Global Corp.
“Richard Kivel ("Kivel") resigned as director from the Company’s Board because of a disagreement with the Company on matters relating to the Company’s corporate governance, operations, policies, and practices”
Barney Battles was appointed as Independent Director at Sports Entertainment Gaming Global Corp.
“the Board appointed two new directors to fill certain vacancies on the Board, and subject to successful background checks, which were completed on November 4, 2022: Barney Battles, age 56, Independent Director.”
Sohail S. Quraeshi was appointed as Chief Executive Officer at Sports Entertainment Gaming Global Corp.
“the Board appointed Sohail S. Quraeshi, Interim-CEO, henceforth as Chief Executive Officer ("CEO") of the Company.”
Matthew Howard McGahan was appointed as Chairman of the Board at Sports Entertainment Gaming Global Corp.
“the Board appointed Matthew Howard McGahan, Director, to serve as the new Chairman of the Board of the Company, replacing Richard Kivel”
Richard Kivel resigned as Director at Sports Entertainment Gaming Global Corp.
“On November 4, 2022, Richard Kivel, a member of the Board, and a member of the Audit Committee notified the Board of his resignation from the Board, effective immediately.”
Matthew Howard McGahan was appointed as Director at Sports Entertainment Gaming Global Corp.
“Matthew Howard McGahan was appointed as an independent director on the Company’s Board of Directors (the “Board”), which became effective on October 23, 2022 as a result of Mr. McGahan passing the Company’s background and credibility checks.”
Matthew Howard McGahan was appointed as Independent Director at Sports Entertainment Gaming Global Corp.
“On October 19, 2022, the Board appointed Matthew Howard McGahan as an independent director of the Board.”
Vladimir Klechtchev resigned as Director at Sports Entertainment Gaming Global Corp.
“On October 19, 2022, Vladimir Klechtchev, a member of the Board of Directors (the “Board”) of Lottery.com Inc. (the “Company”), notified the Board of his resignation from the Board, effective immediately.”
Edward K. Moffly was appointed as Interim Chief Financial Officer at Sports Entertainment Gaming Global Corp.
“On October 14, 2022, the Board of Directors of the Company (the "Board") appointed Edward K. Moffly as the Company’s Interim Chief Financial Officer and principal financial officer, effective October 17, 2022.”
Harry Dhaliwal resigned as Interim Chief Financial Officer at Sports Entertainment Gaming Global Corp.
“On October 9, 2022, Harry Dhaliwal, the Interim Chief Financial Officer and principal financial officer of Lottery.com Inc. (the "Company") provided a notice of resignation as Interim Chief Financial Officer, with immediate effect.”
Vladimir Klechtchev was appointed as Chairman of the Board at Sports Entertainment Gaming Global Corp.
“on October 3, 2022, the Board appointed Mr. Klechtchev as Chairman”
Vladimir Klechtchev was appointed as Director at Sports Entertainment Gaming Global Corp.
“Also on September 8, 2022, the Board appointed two new outside directors other than pursuant to a shareholder vote at an annual meeting or a special meeting that was convened for that purpose, and subject to successful background vetting: Vladimir Klechtchev, Director.”
Sohail S. Quraeshi was appointed as Chief Executive Officer at Sports Entertainment Gaming Global Corp.
“On September 8, 2022, the Board appointed Mr. Sohail S. Quraeshi as Chief Executive Officer (“CEO”) of the Company effective from September 12, 2022.”
Kathryn Lever resigned as Chief Legal Officer, Chief Operating Officer and Secretary at Sports Entertainment Gaming Global Corp.
“On September 5, 2022, Kathryn Lever, the Chief Legal Officer (“CLO”), Chief Operating Officer (“COO”) and Secretary of the Company, provided a notice of resignation as CLO, COO and Secretary of the Company, its wholly owned subsidiary, AutoLotto, Inc., and all of its other subsidiaries and affiliates.”
Lawrence Anthony "Tony" DiMatteo III resigned as Member of the Board at Sports Entertainment Gaming Global Corp.
“On September 8, 2022, Lawrence Anthony “Tony” DiMatteo III, a member of the Board, notified the Board of his resignation from the Board, effective immediately.”
William C. Thompson, Jr. resigned as Member of the Board at Sports Entertainment Gaming Global Corp.
“Also on September 2, 2022, William C. Thompson, Jr., a member of the Board, the Chair of the Audit Committee and a member of the Compensation Committee, notified the Board of his resignation from the Board, effective immediately.”
Steven M. Cohen resigned as Member of the Board at Sports Entertainment Gaming Global Corp.
“Also on September 2, 2022, Steven M. Cohen, a member and co-Chair of the Board and a member of the Audit Committee, notified the Board of his resignation from the Board, effective immediately.”
Lisa M. Borders resigned as Member of the Board at Sports Entertainment Gaming Global Corp.
“On September 2, 2022, Lisa M. Borders, a member of the Board, the Chair of the Nominating and Governance Committee, a member of the Compensation Committee, and a member of the Audit Committee, notified the Board of her resignation from the Board, effective immediately.”
Lawrence Anthony "Tony" DiMatteo III resigned as Chief Executive Officer at Sports Entertainment Gaming Global Corp.
“Mr. DiMatteo resigned as CEO of the Company effective July 22, 2022.”
Matthew Clemenson resigned as Chief Revenue Officer at Sports Entertainment Gaming Global Corp.
“On July 11, 2022, Matthew Clemenson, the Chief Revenue Officer (the “CRO”) of Lottery.com Inc. (the “Company”), provided a notice of resignation, with immediate effect.”
Tony DiMatteo changed role as Board chair at Sports Entertainment Gaming Global Corp.
“The Company’s Chief Executive Officer and Board chair, Tony DiMatteo, has stepped down as Board chair effective July 5, 2022”
Harry Dhaliwal was appointed as Interim Chief Financial Officer and principal financial officer at Sports Entertainment Gaming Global Corp.
“Effective July 1, 2022, Harry Dhaliwal has been named as the Company’s Interim Chief Financial Officer and principal financial officer.”
Ryan Dickinson was terminated as President, Treasurer and Chief Financial Officer at Sports Entertainment Gaming Global Corp.
“the Board terminated the employment of Ryan Dickinson as the Company’s President, Treasurer and Chief Financial Officer, effective July 1, 2022.”
Joseph Kaminkow resigned as Director at Sports Entertainment Gaming Global Corp.
“Joseph Kaminkow, a member of the board of directors (the “Board”) of Lottery.com Inc. (the “Company”) and a member of the Company’s Compensation Committee, notified the Board of his intent to resign from the Board, effective June 9, 2022”
Kathryn Lever was appointed as Chief Operating Officer at Sports Entertainment Gaming Global Corp.
“In addition, Kathryn Lever, Chief Legal Officer and Secretary of the Company was appointed to serve as the Chief Operating Officer in addition to her current roles, in each case, effective immediately.”
Ryan Dickinson was appointed as Chief Financial Officer at Sports Entertainment Gaming Global Corp.
“Ryan Dickinson, Acting Chief Financial Officer, Chief Operating Officer, President and Treasurer of the Company, stepped down from his position as Chief Operating Officer and was appointed to serve permanently as Chief Financial Officer in addition to his current roles as President and Treasurer.”
William Thompson was appointed as Class III director at Sports Entertainment Gaming Global Corp.
“On March 10, 2022, the Board of Directors (the “Board”) of Lottery.com Inc. (the “Company” or “Lottery.com”) appointed William (Bill) Thompson to the Board, as a Class III director, effective immediately.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.