Lottery.com Announces Appointment of New Strategic Financial Adviser to Accelerate and Expand Global Reach and Acquisition Strategy
Lottery.com, Inc. (LTRY)
Company Research
Source: GlobeNewswire
NEW YORK, May 13, 2024 (GLOBE NEWSWIRE) -- Lottery.com Inc. (Nasdaq: LTRY, LTRY), a leading technology company transforming how, where, and when lottery and sports media content is delivered, today announces a significant step to accelerate its global expansion efforts. Lottery.com has engaged Cohen & Company Capital Markets ("CCM"), a division of J.V.B. Financial Group, LLC, as its financial advisor to help oversee and structure its acquisition strategy. The Company’s “buy and build” strategy is backed by the United Capital Investments Limited (“UCIL”) $150 million loan facility with support from strategic investors, such as Prosperity Investment Management. Under the new agreement, effective May 6, 2024, CCM will assist Lottery.com in navigating potential acquisitions and other business combinations aimed at enhancing the Company's product offerings and market reach. This partnership is designed to support the Company’s "buy and build" strategy, targeting a pipeline of potential
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News
- Lottery.Com Signs MOU to Acquire CMF Media (CMF) to Facilitate Sports.Com's Production of Original Content [Yahoo! Finance]Yahoo! Finance
- Lottery.Com Signs MOU to Acquire CMF Media (CMF) to Facilitate Sports.Com’s Production of Original ContentGlobeNewswire
- Sports.com Expands Geographical Footprint, Launching in New Markets Across Asia [Yahoo! Finance]Yahoo! Finance
- Sports.com Expands Geographical Footprint, Launching in New Markets Across AsiaGlobeNewswire
- Lottery.com Completes Acquisition of S&MI Ltd, Rebranding as Sports.com Media LtdGlobeNewswire
LTRY
Sec Filings
- 9/26/24 - Form S-1/A
- 9/24/24 - Form 10-K/A
- 9/23/24 - Form 4
- LTRY's page on the SEC website