Company: LTRYW
Filing Date: 2025-04-21
Form Type: 10-K
Source: 0001641172-25-005487
Chunk: 96

Company: Lottery.com Inc.
Filing Date: 2025-04-21
Form: 10-K
Item: Item 1A
Chunk 96
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  actual or anticipated changes                                                                                                           
  changes in the financial                                                                                                                
  actual or anticipated developments                                                                                                      
  actual or perceived privacy                                                                                                             
  risks related to the organic                                                                                                            
  actual or anticipated changes                                                                                                           
  changes in accounting standards,                                                                                                        
  our ability to forecast                                                                                                                 
  technical factors in the                                                                                                                

In
addition, the stock markets historically have experienced extreme price and volume fluctuations that have affected the market prices
of equity securities of many publicly held companies. These fluctuations have often been unrelated or disproportionate to the operating
performance of those companies. Broad market and industry factors, as well as general economic, political, regulatory and market conditions,
may negatively affect the market price of our common stock and warrants, regardless of a company’s actual operating performance.
In addition, in the past, securities class action litigation has often been brought against a company following a decline in the market
price of its securities. If the Company faces such litigation, it could result in substantial costs and a diversion of management’s
attention and resources, which could harm its business, results of operations, cash flow, or financial condition.

If
securities or industry analysts do not publish research or reports about the Company, or publish negative reports, the Company’s
stock price and trading volume could decline.

The
trading market for our common stock and warrants will depend, in part, on the research and reports that securities or industry analysts
publish about the Company. The Company does not have any control over these analysts. If the Company’s financial performance fails
to meet analyst estimates or one or more of the analysts who cover the Company downgrade its common stock or change their opinion, the
Company’s stock price would likely decline. If one or more of these analysts cease coverage of the Company or fail to regularly
publish reports on the Company, it could lose visibility in the financial markets, which could cause the Company’s stock price
or trading volume to decline.

Because
the Company does not anticipate paying any cash dividends in the foreseeable future, capital appreciation, if any, would be your sole
source of gain.

The
Company currently anticipates that it will retain future earnings for the development, operation and expansion of its business and does
not anticipate declaring or paying any cash dividends for the foreseeable future.

As
a result, capital appreciation, if any, of the Company’s shares of common stock would be your sole source of gain on an investment
in such shares for the foreseeable future.

  53  

Risks