Lottery.com Engages Cohen & Company Capital Markets To Accelerate And Expand Global Reach And Acquisition Strategy
Portfolio Pulse from Benzinga Newsdesk
Lottery.com Inc. (NASDAQ:LTRY) has partnered with Cohen & Company Capital Markets to accelerate its global expansion and acquisition strategy. This move is supported by a $150 million loan facility from United Capital Investments Limited and aims to enhance Lottery.com's product offerings and market reach through strategic acquisitions.
May 13, 2024 | 8:28 pm
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Lottery.com's partnership with Cohen & Company Capital Markets and the support from a $150 million loan facility are strategic moves to accelerate its global expansion and enhance its product offerings through acquisitions.
The engagement of Cohen & Company Capital Markets as a financial advisor for Lottery.com's acquisition strategy, supported by significant financial backing, indicates a strong commitment to expanding its global footprint and product offerings. This could positively influence investor sentiment and potentially lead to an increase in stock price in the short term, as the market may view these steps as proactive measures for growth and value creation.
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