Company: LTRYW
Filing Date: 2025-11-20
Form Type: 10-Q
Source: 0001493152-25-024384
Chunk: 50

Company: Lottery.com Inc.
Filing Date: 2025-11-20
Form: 10-Q
Item: Part I, Item 1
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The
Company expects that the integration of Triggy.AI’s platform will contribute toward higher levels of user engagement, increased
dwell time on its platforms and more predictable recurring revenue streams through enterprise-client SaaS-style monetization. While no
purchase price or financing terms were disclosed in the announcement, the acquisition remains subject to customary closing conditions
and the effect on future financial results and balance sheet presentation upon completion is yet to be determined. The Company has yet
not entered into a definitive purchase agreement to acquire Triggy.AI

Nasdaq
Deficiency Resolution

On
October 16, 2025, the Company achieved a material regulatory milestone by regaining full compliance with the listing requirements of
Nasdaq Stock Market LLC. Specifically, on October 16, 2025, Nasdaq confirmed the resolution of a previously disclosed shareholder-approval
deficiency under Listing Rule 5635(c) linked to equity grants made in 2023 and early 2024, and the matter is now formally closed.

Being
removed from Nasdaq’s non-compliant list provides the Company greater operational and financial flexibility to pursue its growth
agenda across sports, entertainment and gaming verticals (including its core brands Sports.com, Concerts.com and Lottery.com).

Web
3 and Digital Asset Strategy

On
October 30, 2025, the Company announced a two-year Web3 and Digital Asset Strategy involving the deployment of approximately $300 million
in a Digital Asset & Tokenization Program. Under the roadmap, the Company intends to allocate roughly 80 % of the capital to a multi-asset
crypto treasury (with an initial emphasis on Bitcoin and validator operations across Ethereum, Solana and ZIGChain) and the remaining
20 % toward strategic acquisitions in sports, media and gaming, as well as tokenization initiatives involving its digital brands (such
as Sports.com and Concerts.com).

The
Company also entered into a memorandum of understanding (“MOU”) with ZIGChain (a purpose-built blockchain for real-world
asset tokenization) to support its infrastructure and tokenization capabilities. The initiative is structured around a four-phase implementation
timeline (ranging from 0-18 months) and will be overseen by a newly-established “Crypto Advisory Board” to guide governance,
risk and execution. The Company intends to report income from validator activities through SEC-compliant filings; however, given the
early stage of this program, the ultimate timing, magnitude and impact on operating results remain subject to execution risk and market
conditions