Lottery.com Inc. Secures Increased Funding From Univest
Lottery.com, Inc. (LTRY)
Company Research
Source: GlobeNewswire
AUSTIN, Texas, Feb. 09, 2024 (GLOBE NEWSWIRE) -- Lottery.com Inc. (Nasdaq: LTRY, LTRYW) (“Lottery.com” or the “Company”), a leading technology company revolutionizing the lottery experience, today announces a substantial expansion in its fundraising efforts. The Company has amended its placement agent agreement with Univest Securities, LLC (“Univest”), significantly increasing the commitment from new and existing investors. This move underscores the confidence in Lottery.com's vision and operational strategy, setting a solid foundation for the Company's growth and expansion. Under the revised terms of the agreement, the offering amount has been increased from $1,000,000 to $5,000,000 due to strong investor interest. Each unit in the offering consists of a convertible promissory note, paired with a common stock purchase warrant, providing investors with significant opportunities for engagement and investment in Lottery.com's future. The committed funds will be used for
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LTRY
Sec Filings
- 4/10/24 - Form 8-K
- 4/3/24 - Form 10-K
- 4/2/24 - Form NT
- LTRY's page on the SEC website