Company: LTRYW
Filing Date: 2025-05-14
Form Type: S-1/A
Source: 0001641172-25-010091
Chunk: 76

Company: Lottery.com Inc.
Filing Date: 2025-05-14
Form: S-1/A
Chunk 76
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 the Court that, “[t]here is no question that Honey Tree is presently
a shareholder and was a shareholder at the time it presented its pleading.” On November 12, 2024, Plaintiff’s counsel informed
the Court that “Honey Tree did own shares prior to the filing of the Amended Complaint but sold them prior to that filing; and
(ii) Honey Tree did not subsequently purchase shares of Lottery.com until November 7, 2024, the day after the [H]earing,” (Plaintiff’s
Admission”). Following Plaintiff’s Admission on November 13, 2024, Plaintiff dismissed without prejudice its claims against
Hassan and Macal (the “Dismissal”). The Court ordered the Dismissal on November 15, 2024. On December 13, 2024, Plaintiff
filed amended its Amended Complaint by filing a second amended verified complaint (the “Second Amended Complaint”)
and a renewed motion to expedite proceedings (the “Second Motion to Expedite”) against the Company and remaining Individual
Defendants. In accordance with a briefing stipulation entered by the Court on December 11, 2023, defendants shall answer the Second
Amended Complaint and file its opposition to the Second Motion to Expedite by January 13, 2025. On January 13, 2025, the Company and
Individual Defendants timely filed their Answer to the Second Amended Complaint, an Opposition to Motion to Expedite and a Partial Motion
to Dismiss. On March 6, 2025, Plaintiff notified the Court that it withdraws its Motion to Expedite.

Manna World Ministries

On
September 8, 2023, Manna World Ministries and Summit Church (collectively, the “Plaintiffs”) filed a civil lawsuit in the
San Diego Superior Court, North County Division, under case number 37-2023-00039279-CU-CO-NC. The action was brought against Ryan Dickinson,
Matthew Clemenson, Lawrence Dimatteo, Encircle, Inc., Paul King, LAD Holdings Group, LLC, MC Holdings Group, LLC, RD Holdings,
LLC, and Jeff Sparrow (collectively, the “Defendants”). The Plaintiffs allege that the Defendants defaulted on a personal
loan totaling $2,700,000, which was purportedly secured by their personal shares of stock in Lottery.com Inc. (the “Company”). On April 4, 202