Company: LTRYW
Filing Date: 2025-10-15
Form Type: 10-Q/A
Source: 0001493152-25-018121
Chunk: 61

Company: Lottery.com Inc.
Filing Date: 2025-10-15
Form: 10-Q/A
Chunk 61
---
 JuegaLotto, S.A. de C.V. (“JuegaLotto”).
JuegaLotto is federally licensed by the Mexican regulatory authorities with jurisdiction over the ability to commercialize lottery games
in Mexico through an authorized federal gaming portal and to commercialize games of chance in other countries throughout Latin America.
Aganar has been operating in the licensed Online Lottery market in Mexico since 2007 and has certain rights to sell Mexican National Lottery
draw games, instant win tickets, and other games of chance online with access to a federally approved online casino and sportsbook gaming
license and additionally issues a proprietary scratch lottery game in Mexico under the brand name Capalli. See “Item 1A. Risk Factors – We need additional capital to, among other things, support and restart our operations, re-hire employees and pay our expenses. Such capital may not be available on commercially acceptable terms, if at all. If we do not receive the additional capital, we may be forced to curtail or abandon our plans to recommence our operations and we may need to permanently cease our operations”for
additional information, as filed on form 10-K/A for fiscal 2023, on September 24, 2024

Nook Holdings, LTD

On September 28, 2023, the
company entered into Stock Purchase Agreement with the shareholders of Nook Holdings Limited (“Nook”), a private limited
company incorporated and registered in the Abu Dhabi Global Market, Abu Dhabi, United Arab Emirates (“UAE”). The total
purchase price is approximately $2.314 million. The Company made three payments totaling $137,500 in the fourth quarter of 2023 and
additional payments totaling $150,000 in May of 2025 and anticipates the transaction closing in the second quarter of 2025 or as
otherwise agreed by the parties. Nook is known for its innovative approach to co-working in Dubai and has procured 200 licenses for
individuals and companies in the sports, health and wellness sector seeking access to Dubai and the broader Middle Eastern market.
With its exclusive partnership with the Dubai Multi-Commodities Centre Free Zone (DMCC), Nook offers a wide range of services,
including business setup support, insurance, VAT registration, and networking opportunities for like-minded sports entrepreneurs. As
part of the acquisition, Nook will be rebranded under the Sports.com umbrella.

Sports.com

In December 2021, we finalized
the acquisition of the domain name https