Company: LTRYW
Filing Date: 2025-12-10
Form Type: PRE 14A
Source: 0001493152-25-027089
Chunk: 24

Company: Lottery.com Inc.
Filing Date: 2025-12-10
Form: PRE 14A
Chunk 24
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 Date”), and the Company agrees to issue and sell to the Purchaser, the Note. Evergreen is irrevocably obligated to advance the Consideration, and the Company is irrevocably obligated to accept the Consideration as follows: (a) Five Hundred Thousand U.S. Dollars ($500,000) on or immediately following the Closing Date, and (b) Two Million U.S. Dollars ($2,000,000) immediately upon (i) the Common Shares issuable upon conversion of the Note becoming registered under an effective registration statement, and (ii) the Company obtaining the requisite shareholder approval authorizing the issuance of such Common Shares (“Shareholder Approval”) per Nasdaq Listing Rule 5635 requiring shareholder approval for the potential issuance of shares or securities convertible to common stock of Twenty Percent (20%) or more of the Company’s outstanding common stock. The Consideration shall be advanced by wire transfer of immediately available funds no later than two (2) Business Days after such effectiveness.

The Company and Evergreen executed this Evergreen Agreement in reliance upon the exemption from securities registration afforded by Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”), and Rule 506(b) of Regulation D promulgated by the United States Securities and Exchange Commission (the “SEC”) under the Securities Act.

The foregoing description of the Evergreen Agreement is incorporated by reference to the full text of the agreements.

Securities Purchase Agreement Between Lottery.com Inc and Evergreen Capital Management, LLC. https://www.sec.gov/Archives/edgar/data/1673481/000149315225026120/ex10-60.htm

Senior Secured Promissory Note Between Lottery.com Inc. and Evergreen Capital Management, LLC. https://www.sec.gov/Archives/edgar/data/1673481/000149315225026120/ex10-61.htm

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On November 26, 2025 , the Company received a Notice of Effectiveness with respect to a Form S-3 filing submitted with the Securities and Exchange Commission. Accordingly, the Company may from time to time offer and sell common stock, preferred stock, depositary shares representing preferred stock, debt securities, warrants, purchase contracts or units in one or more offerings of up to $300,000,000 in the aggregate of the securities identified herein (“Primary Offering”). and one or more offerings (“Secondary Offerings); (1) the issuance by the Company of an aggregate of up to