Company: LTRYW
Filing Date: 2025-11-20
Form Type: 10-Q
Source: 0001493152-25-024384
Chunk: 49

Company: Lottery.com Inc.
Filing Date: 2025-11-20
Form: 10-Q
Item: Part I, Item 1
Chunk 49
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 global sports media strategy. So far this season, SLK content
has garnered more than 15 million views through Sports.com and related social media interactions

This
distribution initiative supports the Company’s broader growth objectives in the high-growth Indian and Middle East/North Africa
(MENA) sports markets; however, actual monetization and audience retention outcomes remain subject to execution risks, market adoption
and the timing of sponsorships and advertising conversions.

Letters
of Intent

On
September 18, 2025, the Company signed an extension to the Letter of Intent with respect to Boca Sports Garden, LLC, also known as the
David Lloyd All-Sports Arena in Boca Raton, Florida. On or about July 9, 2025, the Company previously announced the signing of an LOI
for a proposed significant partnership with David Lloyd, a prominent figure in British sports and wellness, to acquire the rights of
the All-Sports Arena in Boca Raton, Florida, valued at $14 million. The Company has yet not entered into a definitive purchase agreement
to complete the proposed transaction.

On
September 24, 2025, the Company signed a Letter of Intent to acquire a 51 % controlling stake in a newly formed entity holding the assets
of Racing Women Limited (“Racing Women”), a women’s motorsport platform, at a valuation of US $1 million, with options
for full ownership.  The proposed acquisition includes Racing Women’s intellectual property and global rights and aligns with
the Company’s strategy to expand its motorsports portfolio and enhance the reach of its existing brands.  The Company cautions
that no assurance can be given as to the timing or magnitude of revenue or cost benefits associated with the transaction, and the ultimate
impact on operating results and financial position is subject to customary closing conditions and risks inherent in executing strategic
acquisitions. The Company has yet not entered into a definitive purchase agreement to acquire the assets of Racing Women Limited.

On
November 13, 2025, the Company entered into a binding Letter of Intent to acquire Triggy.AI, a cloud-native artificial intelligence technology
firm specializing in dynamic advertising formats and gamified user engagement. Subject to approval by the Company’s Board, the
transaction is expected to close on or before November 28, 2025, and the Company anticipates the acquisition will strengthen its technology
stack by integrating Triggy’s AI engine across its existing digital asset portfolio (including Sports.com, Lottery.com and Concerts.com).