Company: LTRYW
Filing Date: 2025-05-08
Form Type: 8-K
Source: 0001641172-25-009315
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Company: Lottery.com Inc.
Filing Date: 2025-05-08
Form: 8-K
Item: Item 3.01
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Item
3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

On
May 2, 2025, Lottery. com Inc. (the “ Company” or “ Lottery. com”) received a letter from the Nasdaq Listings
Qualifications Staff (“ Nasdaq Staff”)Indicating they had determined that the Company failed to comply with
Nasdaq’s shareholder approval requirements set forth in Listing Rule 5635(c) (the “ Rule”).

The
Company was required to obtain shareholder approval under Listing Rule 5635(b) prior to the establishment of the 2023
Employees’ Directors’ and Consultants Stock Issuance and Option Plan (the “2023 Plan”) and the Ad Hoc Grants
and the shares issued in connection therewith.

Under
Nasdaq Rules the Company has 45 calendar days to submit a plan to regain compliance. If the plan is accepted, Nasdaq Staff can grant
an extension of up to 180 calendar days or October 26, 2025 to evidence compliance.

Forward
Looking Statements

This
Current Report on Form 8-K (the “ Form 8-K”) contains statements that constitute “forward-looking statements”
within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934,
as amended. All statements, other than statements of present or historical fact included in this Form 8-K, regarding the Company’s
strategy, future operations, prospects, plans and objectives of management, are forward-looking statements. When used in this Form 8-K,
the words “could,” “should,” “will,” “may,” “believe,” “anticipate,”
“intend,” “estimate,” “expect,” “project,” “initiatives,” “continue,”
the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking
statements contain such identifying words. These forward-looking statements are based on management’s current expectations and
assumptions about future events and are based on currently available information as to the outcome and timing of future events. The forward-looking
statements speak only as of the date of this Form 8-K or as of the date they are made. The Company cautions you that these forward-looking
statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are