Company: LTRYW
Filing Date: 2025-04-25
Form Type: S-1/A
Source: 0001641172-25-006093
Chunk: 229

Company: Lottery.com Inc.
Filing Date: 2025-04-25
Form: S-1/A
Chunk 229
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 letter of intent to acquire Master Goblin. Such letter of intent would give Woodford the right to appoint a director to the Board of Directors of the Company (see Subsequent Events). As of the date of this Report, no definitive documentation for this transaction has been signed.

In January of 2023, the company paid $ 53,000to Master Goblin Games for settlement of outstanding obligations of $ 316,919and the parties mutually agreed to terminate the business relationship.

Christopher Gooding, a director of the Company appointed on August 10, 2023, is an attorney licensed in the United Kingdom who works with the Company’s outside general counsel on various matters that could potentially impact the Company. Mr. Gooding is compensated for his services separately from his compensation as a director of the Company. Mr. Gooding began
providing legal services to the Company through the firm Amar Ali Law PLLC in February 2024. He was paid a total of $264,000
in 2024 for his legal services.

During the quarter ended September 30, 2024, the Company entered into a
borrowing arrangement with Robert Stubblefield, the Company’s Chief Financial Officer, to provide funding for certain operating
expenses of the Company. At September 30, 2024 the Loan amount was $57,682. Additional amounts were provided by Mr. Stubblefield during
the quarter ended December 31, 2024. The loan amount at year end was $67,941.The Loan was issued at zero percent interest. The
Company has not made any payments on the loan as of the date of this report.

Note 16. Subsequent Events

On February 11, 2025,Sports.com entered into a multi-year global partnership agreement with Soccerex, the world’s leading soccer (hereinafter referred to as “football”) business event organizer. The Agreement makes Sports.com the title sponsor for six global events including Soccerex 2025 for MENA, Europe and USA to be held in Cairo, Amsterdam and Miami, respectively. This partnership will provide the Company with an influential platform to engage with key stakeholders in the football industry, further solidifying Sports.com’s position at the intersection of sports, technology and entertainment. Working with the Soccerex team and its community presents an opportunity to build brand awareness internationally for the Company’s gaming, content and entertainment brands.

On February 18, 2025, the Company announced the establishment of a global advisory board to provide active strategic guidance and support