Company: LTRYW
Filing Date: 2025-05-07
Form Type: S-1/A
Source: 0001641172-25-009053
Chunk: 85

Company: Lottery.com Inc.
Filing Date: 2025-05-07
Form: S-1/A
Chunk 85
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 least three members on our audit committee are Nasdaq requirements
that we currently meet but have not met from time to time.

If
the Company’s securities are delisted from Nasdaq, it could be more difficult to buy and sell the Company’s common stock
and warrants or to obtain accurate quotations, and the price of the Company’s common stock and warrants could suffer a material
decline. Delisting could also impair the Company’s ability to raise capital or trigger defaults and penalties under its outstanding
agreements or securities.

Delisting
from Nasdaq could also result in negative publicity. Further, if we are delisted, we would also incur additional costs under state blue
sky laws in connection with any sales of our securities. These requirements could severely limit the market liquidity of our common stock
or warrants and the ability of our stockholders to sell our common stock or warrants in the secondary market. If our common stock or
warrants are delisted by Nasdaq, our common stock or warrants may be eligible to trade on an over-the-counter quotation system, such
as the OTCQB Market, where an investor may find it more difficult to sell our stock or obtain accurate quotations as to the market value
of our common stock or warrants. In the event our common stock or warrants are delisted from The Nasdaq Global Market, we may not be
able to list our common stock or warrants on another national securities exchange or obtain quotation on an over-the counter quotation
system.

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An active trading market for our common stock and warrants may never develop or be sustained, which may make it difficult to sell the shares of common stock and warrants.

An active trading market for the common stock and warrants may not develop or continue or, if developed, may not be sustained, which would make it difficult for you to sell your shares of common stock and warrants at an attractive price or at all. The market price of our common stock and warrants may decline below your purchase price, and you may not be able to sell your shares of common stock and warrants at or above the price you paid for such shares or warrants or at all.

The market price of our common stock and warrants could be highly volatile, and you may lose some or all of your investment.

The market price of our common stock and warrants could be highly volatile and may be subject to wide fluctuations in response to a variety of factors, including the following:

| ● | announcements                                                                                                                       
 by us or our competitors of new products, features, or services;