Company: LTRYW
Filing Date: 2025-08-19
Form Type: 10-Q
Source: 0001641172-25-024882
Chunk: 46

Company: Lottery.com Inc.
Filing Date: 2025-08-19
Form: 10-Q
Item: Part I, Item 1
Chunk 46
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 “Fixed Price”) irrespective of the trading price of the Company’s common stock on the
Tranche Two payment date. Completion of Tranche Two will result in the Company receiving 3,000
A1 shares of Veloce stock valued at £1,224.74
per share (approximately equivalent to $1,639.01
US dollars) per share resulting in the Company’s minimally owning 12.4%
of Veloce. Further as a result of the completion of Tranche Two, he Company will receive two director seats on
Veloce’s Board of Directors.

The
separate Call Option Agreement allows the Company to purchase newly issued share capital in Veloce at a pre-money £50,000,000
valuation (approximately equivalent to $66,907,363.01
US dollars) towards its Fifty-One (51%)
percent optimal target ownership interest. To fully exercise its Call Option, the Company must have already completed payments
defined above as Tranche One and Tranche Two, and have made offers to Veloce’s shareholders to purchase up to 51%
of Veloce’s issued and outstanding shares. The Call Option expires October 31, 2025. The Company will be granted control of
the Veloce Board of Directors upon successful completion of both the Subscription Agreement and Call Option Agreement wherein the
Company gains 51% ownership of Veloce’s issued and outstanding shares. Payments to the Veloce shareholders under the Call
Option Agreement can be made in cash or in shares of the Company’s common stock or a combination of the two.

     F-25 

Super
League Kerala (“SLK”) Partnership

On
July 17, 2025, the Company announced its first official football league partnership in the Indian subcontinent through a five-year commercial
agreement with the Super League Kerala (“SLK”), valued at more than $11.6 million. The agreement establishes SEGG Media and
Sports.com as the exclusive global commercial and broadcast partner for SLK.

The partnership will allow
SEGG Media to deliver a free and paid subscription model through the Sports.com super app, enabling
fans to engage with SLK matches in multiple languages, backed by real-time stats, fantasy integration, and on-demand replays. The deal
also includes commercial inventory for local and global sponsors, creating a scalable paid advertising
engine tied to viewership growth.

DotCom
Ventures Inc. Acquisition

One
July 22,