Lottery.com Completes Acquisition of S&MI Ltd, Rebranding as Sports.com Media Ltd
Lottery.com, Inc. (LTRY)
Company Research
Source: GlobeNewswire
LONDON, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Lottery.com Inc. (Nasdaq: LTRY, LTRYW) (“Lottery.com” or the “Company”), a leading online lottery services provider, announces the successful completion of its acquisition of S&MI Ltd. (“S&MI”), the innovative technology company behind the Sports.com brand and app. The consideration for the acquisition, finalized on September 1, 2024, is all in common stock of Lottery.com valued at $3.00 per share. The acquisition of S&MI marks a significant milestone for Lottery.com, substantially enhancing the long-term value of the Sports.com brand. This strategic move unlocks new growth opportunities in key markets, including the Middle East, North Africa, and beyond, further solidifying Sports.com's global profile as a leader in digital sports entertainment. Commercial Developments In conjunction with the acquisition, Sports.com Media has made significant progress in expanding its global footprint. In collaboration with PlanetSport, Sports.com has l
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Sec Filings
- 11/15/24 - Form NT
- 11/14/24 - Form SC
- 11/14/24 - Form SC
- LTRY's page on the SEC website