Lottery.com (LTRY) Announces $100M Shelf Declared Effective

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Lottery.com Inc. Enters New Era as Turnaround Completes and Strategic Acquisitions Accelerate

May 28, 2025 9:15 AM EDT

FORT WORTH, Texas, May 28, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. (Nasdaq: LTRY, LTRYW) (Lottery.com or the Company), a leading technology company in digital lottery, sports and entertainment, announces that its registration statement on Form S-1 has been declared effective by the U.S. Securities and Exchange Commission as of May 14, 2025. This milestone unlocks access to a previously announced $100 million financing facility (Financing Facility) with Generating Alpha Ltd., providing the Company with financial flexibility to execute its aggressive acquisition and growth strategy.

This announcement follows a week of extraordinary market performance, with over 275 million shares traded and the stock surging from... More