Company: LTRYW
Filing Date: 2025-04-25
Form Type: S-1/A
Source: 0001641172-25-006093
Chunk: 242

Company: Lottery.com Inc.
Filing Date: 2025-04-25
Form: S-1/A
Chunk 242
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 coverage at 50% up to $1,000,000; including convertible promissory notes (each, a “Convertible Note” or collectively, the “Convertible Notes”), and a common stock purchase warrants (each, a “Warrant”, or collectively, the “Warrants”) to purchase shares of common stock of the Company, par value $0.001 per share (the “Common Stock”) which include specific registration rights (“Registration Rights”), directly to one or more investors (each, an “Investor” and, collectively, the “Investors”) through the Univest. If the “Conversion Price” on the six (6) month anniversary of the Issuance Date is lower than the Conversion Price on the Issuance Date, then the Conversion Price shall be adjusted downward to the VWAP of the Common Stock for the five (5) consecutive Trading Days immediately preceding the six (6) month anniversary date.

Effective
November 13, 2024 the Company issued 512,662 shares of common stock to Generating Alpha LLC as a commitment fee.

Effective
January 28, 2025 the Company issued 100,000 shares of common stock to Milton Richard Cutler for legal services.

Item 17. Undertakings.

The undersigned registrant, hereby undertakes:

| (1) | To file, during any period in which offers or sales are being    
 made, a post-effective amendment to this registration statement: |

| (i)   | To include any prospectus required by Section 10(a)(3) of the                                                                                 
 Securities Act of 1933, as amended;                                                                                                           |
| (ii)  | To reflect in the prospectus any facts or events arising after                                                                                
 the effective date of the registration statement (or the most recent post-effective amendment thereof) which, individually or in the          
 aggregate, represent a fundamental change in the information set forth in the registration statement. Notwithstanding the foregoing,          
 any increase or decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which         
 was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus 
 filed with the SEC pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than a 20% change          
 in the maximum aggregate offering price set forth in the “Calculation of Registration Fee” table in the effective registration                
 statement; and                                                                                                                                |