Company: LTRYW
Filing Date: 2025-05-14
Form Type: S-1/A
Source: 0001641172-25-010091
Chunk: 150

Company: Lottery.com Inc.
Filing Date: 2025-05-14
Form: S-1/A
Chunk 150
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 B2C Platform.

Sports.com

The Sports.com brand is being positioned as a disrupter in the live sports and content markets. Growth of the brand and product will primarily be achieved utilizing a “buy and build” strategy that has been selected by our board and agreed to by outside investors. The strategy is driven by acquiring or partnering with organizations that excel in our key focus areas. Those areas include a focus on social engagement; attracting a younger demographic by creating short-form content; creating partnerships that allow us to provide free or inexpensive access to live streaming events; providing 24/7 sports news and highlights without political bias or influence; pursing team and facility ownership or sponsorship opportunities; subscription-based services; and technology designed to offer the fan immersive and personalized experiences.

Dotcom Ventures, Inc.

On May 7, 2025, Company entered into a Letter
of Intent (the “LOI”) with Dotcom Ventures Inc. (“DVI”) which outlines the intent of the Company
to purchase a minimum of 51% up to 100% of DVI and its assets including the domain names concerts.com and ticketstub.com (“DVI Assets”) from Concerts.com Inc. Subject to Due Diligence, as consideration for Majority Interest, Lottery.com shall pay Concerts.com
the purchase price of Five Million Dollars USD ($5,000,000) (the “Purchase Price”) for Majority Interest in DVI. The
parties mutually agree that at Closing, the Company shall have the option at its sole discretion to pay Concerts.com the Purchase Price
as follows: (i) in cash; (ii) as Payment-In-Kind (as defined below) equivalent to the Purchase Price; or (iii) a combination of cash
and Payment-In-Kind (as defined below) equivalent to the Purchase Price. The term “Payment-In-Kind” shall be defined as restricted
stock units of common shares of Lottery.com to be applied towards the Purchase Price at a fixed price of Three Dollars USD
($3.00) per share (the “Fixed Price”) irrespective of the trading price of Lottery.com stock at the execution of the
LOI, the SPA or the Closing Date. At Closing, in the event that the Company elects to make a Payment-In-Kind for any portion of the Purchase
Price, the Company shall cause to be issued to Seller the equivalent in restricted stock units of common shares in Lottery.com to be
applied towards the Purchase Price. Seller shall receive the Payment-In-