Company: LTRYW
Filing Date: 2025-12-10
Form Type: PRE 14A
Source: 0001493152-25-027089
Chunk: 23

Company: Lottery.com Inc.
Filing Date: 2025-12-10
Form: PRE 14A
Chunk 23
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 by the Company after commencement, at the Company’s discretion; provided, however, that if the Company sold less than $5,000,000 to Alpha, Company will pay to Alpha a termination fee of $1,000,000, which is payable, at our option, in cash or in shares of common stock at a price equal to the closing price on the day immediately preceding the date of receipt of the termination notice.

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The foregoing description of the Alpha Stock Purchase Agreement is incorporated by reference to the full text of the agreement.

Stock Purchase Agreement between Lottery.com Inc. and Generating Alpha Ltd. dated November 13, 2024https://www.sec.gov/Archives/edgar/data/1673481/000149315225024384/ex10-27.htm

Amended Stock Purchase Agreement between Lottery.com Inc. and Generating Alpha Ltd. dated June 16, 2025https://www.sec.gov/Archives/edgar/data/1673481/000149315225016390/ex10-60.htm

Securities Purchase Agreement with Evergreen Capital Management, LLC

On December 2, 2025, the Company and Evergreen Capital Management, LLC., a Nevada company, ( “Evergreen”) entered a Securities Purchase Agreement (the “Evergreen Agreement”).

Accordingly, Evergreen will purchase from the Company, upon the terms and conditions set forth in the Evergreen Agreement, a Senior Secured Convertible Promissory Note of the Company (the “Note”), in the aggregate principal amount of Two Million Eight Hundred Seventy- Five Thousand U.S. Dollars ($2,875,000) (the “Principal Amount.”) The Note carries an original issue discount of Three Hundred Seventy-Five Thousand U.S. Dollars ($375,000) (the “OID”), to cover the Purchaser’s accounting fees, due diligence fees, monitoring, and/or other transactional costs incurred in connection with the purchase and sale of the Note, which is included in the principal balance of the Note. Thus, the purchase price of the Note shall be Two Million Five Hundred Thousand U.S. Dollars ($2,500,000), computed by subtracting the OID from the Principal Amount.

Subject to the terms of the Evergreen Agreement, for consideration of Two Million Five Hundred Thousand U.S. Dollars ($2,500,000) in cash (the “Consideration”), the Purchaser agrees to subscribe for and purchase from the Company on December 2, 2025 (the “Closing