Company: LTRYW
Filing Date: 2025-01-16
Form Type: POS AM
Source: 0001493152-25-002444
Chunk: 200

Company: Lottery.com Inc.
Filing Date: 2025-01-16
Form: POS AM
Chunk 200
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 noshares of preferred stock issued and outstanding.

| F-19 |

Common Stock

Our Charter authorizes the issuance of an aggregate of 500,000,000shares of Common Stock, par value $ 0.001per share. The shares of Common Stock are duly authorized, validly issued, fully paid and non-assessable. Our purpose is to engage in any lawful act or activity for which corporations may now or hereafter be organized under the DGCL. Unless our Board determines otherwise, we will issue all shares of our common stock in an uncertificated form. Holders of our Common Stock are entitled to one vote for each share held of record on all matters submitted to a vote of stockholders. The holders of Common Stock do not have cumulative voting rights in the election of directors. Upon our liquidation, dissolution or winding up and after payment in full of all amounts required to be paid to creditors and to the holders of preferred stock having liquidation preferences, if any, the holders of our Common Stock will be entitled to receive pro rata our remaining assets available for distribution.

As of June 30, 2024 and December 31, 2023, 7,446,972and 2,877,045shares of Common Stock, post reverse stock split, respectively, were outstanding. During the three months ended June 30, 2024, the Company issued the following shares of common stock.

Schedule of Common Stock

| Schedule of Common Stock                                                                                  |     |           |
| Issuance of Common Stock for compensation and as payment in lieu of cash payments for accrued liabilities |     | 2,564,492 |
| Exercise of options (Note 10)                                                                             |     |    48,718 |
| Issuance of Common Stock converted for Convertible Note                                                   |     |   105,440 |
| Total                                                                                                     |     | 2,718,650 |

Public Warrants

The Public Warrants became exercisable 30 days after the Closing; the Company has an effective registration statement under the Securities Act covering the shares of common stock issuable upon exercise of the Public Warrants and a current prospectus relating to them is available (or the Company permits holders to exercise their Public Warrants on a cashless basis and such cashless exercise is exempt from registration under the Securities Act). The S-1 registration became effective November 24, 2021. The Public Warrants will expire five years after October 29, 2021, which was the