Lottery.com Outlines Future Growth Plans Following Registration Statement On Form S-1 Effectiveness; The Registration Statement Also Provides For An Offering By The Company Of Up To 50M Shares Of Common Stock At $3/Share
Portfolio Pulse from Benzinga Newsdesk
Lottery.com has announced the effectiveness of its Form S-1 Registration Statement, allowing for the offering of up to 50 million shares at $3 each. The company plans to expand its US operations and enter international markets by 2025, alongside growing its Sports.com platform.
October 17, 2024 | 1:01 pm
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Lottery.com has received SEC approval for its Form S-1, allowing it to offer up to 50 million shares at $3 each. The company is focusing on US and international expansion and growing its Sports.com platform.
The approval of the Form S-1 and the planned offering of shares provide Lottery.com with the capital needed for its expansion plans. The focus on US and international growth, along with the development of the Sports.com platform, indicates a strategic move to enhance its market position, likely leading to positive investor sentiment.
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