Lottery.com (LTRY) Expands Committed Financing Facility with Generating Alpha to $300M
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Lottery.com Expands Committed Financing Facility with Generating Alpha to $300 Million
June 23, 2025 10:50 AM UTCFORT WORTH, Texas, June 23, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. (NASDAQ: LTRY, LTRYW) (Lottery.com or the Company), a leading technology company transforming the intersection of gaming, sports and entertainment, announces that it has successfully executed an Amendment to its Stock Purchase Agreement with Generating Alpha Ltd., expanding the committed financing facility from $100 million to $300 million, while reducing the discount Generating Alpha receives saving the Company nearly $12 million over the life of the funding facility.
This strategic amendment reflects the deepening partnership between Lottery.com and Generating Alpha, and includes materially improved terms for the company:
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