Lottery.com Inc For Primary Offering Of 50M Shares Of Common Stock At $3 Per Share
Portfolio Pulse from Benzinga Newsdesk
Lottery.com Inc has filed with the SEC for a primary offering of 50 million shares of common stock at $3 per share.
September 04, 2024 | 5:43 pm
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Lottery.com Inc is conducting a primary offering of 50 million shares at $3 per share, which could dilute existing shares and impact stock price.
The offering of 50 million shares at $3 each could lead to dilution of existing shares, potentially putting downward pressure on the stock price in the short term. The market may react negatively to the increased supply of shares.
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