Company: LTRYW
Filing Date: 2025-04-21
Form Type: 10-K
Source: 0001641172-25-005487
Chunk: 106

Company: Lottery.com Inc.
Filing Date: 2025-04-21
Form: 10-K
Item: Item 3
Chunk 106
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  58  

Global
Gaming Data

On
November 21, 2023, the Company and its wholly owned subsidiary TinBu, LLC (“ TinBu”) (Company and TinBu collectively, “ Plaintiffs”)
filed their First Amended Verified Complaint Lottery. com, Inc. f/k/a AutoLotto, Inc. and TinBu, LLC John J. Brier, Jr., Bin Tu, and Global
Gaming Data, LLC (Case No.: 8:23-cv-2594-KKM-TGW) On February 25, 2025, Plaintiffs’ claims were dismissed
without prejudice for failure to prosecute and the Defendants also moved for default judgment on their counterclaims. That portion of
the Defendants’ motion was referred to the Magistrate Judge for a Report and Recommendation. On March 14, 2025, the Court entered an order
denying without prejudice Defendants’ Motion for Judgment as a Matter of Law. On April 1, 2025, the Court denied as moot Defendants’
Motion for Partial Summary in the light of the Defendants’ Amended Motion for Entry of Final Judgment.

Woodford Eurasia Assets, Limited

Woodford
Eurasia Assets, Limited filed a complaint in the High Court of Justice in London chancery Division. October 16, 2023, The High Court of
Justice in London Chancery Division (“the Court”) dismissed an application for injunctive relief initiated by Woodford against
the Company. (Case: FL-2023-000023. Woodford Eurasia Assets Limited v Lottery. com Inc.) The Court characterized Woodford’s application
as “fundamentally misconceived” and ordered Woodford to pay the Company’s legal costs. Woodford subsequently, on the
Judges’ recommendation, withdrew the proceedings.

Woodford
filed an additional action in the United States District Court for the District of Delaware on November 16, 2023 in Case No. 23-1317-GBW
seeking a temporary restraining order, preliminary injunction and expedited discovery against Lottery. com and its directors. The Court
entered an order the next day denying the relief sought by Woodford. On February 14, 2024, Woodford filed a Notice of Voluntary Dismissal
Without Prejudice, which stated that Woodford provides notice of dismissal of all claims without prejudice against Defendants Lotttery. com
and its directors.

With
the dismissal of this