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0.000181851245681013 0.000181851245681013 0.050554646299327 0.016548463356974 -0.0307328605200946 -0.0361883978905256 -0.0302673213311513 0.000363702491361824
Stock impact report

Lottery.com Inc. Chairman Addresses Effective Form S-1 Registration Statement [Yahoo! Finance]

Lottery.com, Inc. (LTRY) 
Company Research Source: Yahoo! Finance
. Following the declaration, Matthew McGahan, Lottery.com Chairman and CEO, wrote an open letter to the Company's shareholders to address the Company's future and address accusations made again the Company and its directors and executives. McGahan wrote: Dear Shareholders, In October 2022, when I joined the Board of Lottery.com Inc. I was primarily tasked with leading a turnaround after years of mismanagement and turmoil, largely stemming from issues tied to the SPAC and business combination. At that time, the Company was on the verge of collapse, with stories of its challenges circulating widely across the internet and rampant rumors being made by detractors wishing to destabilize the business to suit their own ulterior motives. Among the many hurdles were regulatory investigations, listings issues with Nasdaq (including being delisted in May 2023 before being subsequently relisted), significant loss of staff, the breakdown of operations, and a critical shortage of working cap Show less Read more
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