Company: LTRYW
Filing Date: 2025-10-15
Form Type: 10-Q/A
Source: 0001493152-25-018121
Chunk: 50

Company: Lottery.com Inc.
Filing Date: 2025-10-15
Form: 10-Q/A
Chunk 50
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 day-to-day operations in the United States and has primarily focused on restarting certain of its core businesses
(as described in more detail under “Plans for Recommencement of Company Operations” below), and on completing and filing
its quarterly and annual reports with the SEC.

Nasdaq Listing

On March 23, 2023, the Company
requested a hearing before the Nasdaq Hearings Panel (the “Panel”) to appeal a determination by the Listing Qualifications
department (the “Staff”) of Nasdaq dated February 23, 2023, to delist the Company’s securities from Nasdaq. At the hearing
before the Panel on April 24, 2023, the Company presented its plan to complete the restatement of its financial statements for the fiscal
year ended December 31, 2021, and the subsequent quarter ended March 31, 2022, and to file the amended periodic reports and all subsequent
required filings with the SEC. The Company requested the continued listing of its securities on Nasdaq pending the completion of its compliance
plan.

By letter dated May 8, 2023,
the Panel granted the Company’s request for continued listing, on an interim basis, subject to the Company submitting financial
projections for fiscal 2023 and filing the restated financial statements for the fiscal year ended December 31, 2021, and quarter ended
March 31, 2022, with the SEC by May 15, 2023. The Company satisfied these conditions and the Panel indicated that it would review the
filings, along with the updated projections, and thereafter determine whether to afford the Company additional time to complete the compliance
plan presented at the hearing.

By letter dated May 24, 2023,
the Panel notified the Company that it had determined to suspend trading and otherwise move to delist the Company’s securities from
Nasdaq effective with the open of the market on May 26, 2023. The Company’s securities were suspended from trading on that date,
but the securities were not delisted because the Company thereafter requested that the Panel reconsider its determination to delist the
Company’s securities from Nasdaq based upon what the Company believed to be mistakes of material fact upon which the Panel had based
its decision.

On June 8, 2023, the Panel notified
the Company that it had determined to reverse its prior decision and grant the Company’s request for continued listing subject
to the Company’s timely compliance with a number of conditions