Company: LTRYW
Filing Date: 2025-04-22
Form Type: 10-K/A
Source: 0001641172-25-005663
Chunk: 110

Company: Lottery.com Inc.
Filing Date: 2025-04-22
Form: 10-K/A
Chunk 110
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uciary duties against the Individual Defendants, Honey Tree’s counsel informed the Court that, “[t]here is no question that Honey Tree is presently a shareholder and was a shareholder at the time it presented its pleading.” On November 12, 2024, Plaintiff’s counsel informed the Court that “Honey Tree did own shares prior to the filing of the Amended Complaint but sold them prior to that filing; and (ii) Honey Tree did not subsequently purchase shares of Lottery.com until November 7, 2024, the day after the [H]earing,” (Plaintiff’s Admission”). Following Plaintiff’s Admission on November 13, 2024, Plaintiff dismissed without prejudice its claims against Hassan and Macal (the “Dismissal”). The Court ordered the Dismissal on November 15, 2024. On January 13, 2025, the Company and Individual Defendants timely filed their Answer to the Second Amended Complaint, an Opposition to Motion to Expedite and a Partial Motion to Dismiss. On March 6, 2025, Plaintiff notified the Court that it withdraws its Motion to Expedite.

PR Fire Limited

On April 22, 2024, the
Company, by and through its outside legal counsel, issued a cease and desist notice to PR Fire Limited, a U.K. based firm and Mr.
Samuel Allcock, its CEO, for unlawful attempts to manipulate the public markets by disseminating false and misleading statements
about the Company, its current officers and directors in certain articles caused to be published by PR Fire Limited. The
Company’s outside legal counsel reported the matter to the proper authorities.

On April 24, 2024, the Company, by and through its outside legal counsel,
issued a cease-and-desist notice to certain individuals and entities in participation with a common scheme and acting in concert to financial
harm to the Company by privately and publicly disseminating false and misleading statements about the Company, its current officers and
directors. The Company’s outside legal counsel reported the matter to the proper authorities.

Item 4. Mine Safety Disclosures.

Not applicable.

| 59 |

<div align='center'>PART II</div>

Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.

Market Information

Our common stock and warrants trade on The Nasdaq Global Market under the symbols “LTRY” and “LTRYW,” respectively. Our failure to remain in full compliance with