Lottery.com Inc. Enters Into Stock Purchase Agreement With PlusEVO Ltd.
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Lottery.com Inc. has entered into a Stock Purchase Agreement with PlusEVO Ltd. to acquire Spektrum Ltd in an all-stock transaction valued at $1.5 million.
March 06, 2025 | 8:45 pm
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Lottery.com Inc. is acquiring Spektrum Ltd from PlusEVO Ltd in an all-stock transaction valued at $1.5 million. This acquisition could enhance Lottery.com's digital lottery and sports entertainment offerings.
The acquisition of Spektrum Ltd is likely to strengthen Lottery.com's position in the digital lottery and sports entertainment market. The all-stock nature of the deal suggests confidence in the strategic fit and potential synergies. This could positively impact LTRY's stock price in the short term.
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IMPORTANCE 80
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