Lottery.Com Signs MOU to Acquire CMF Media (CMF) to Facilitate Sports.Com’s Production of Original Content
Lottery.com, Inc. (LTRY)
Company Research
Source: GlobeNewswire
FT. WORTH, Texas, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Lottery.com Inc. (Nasdaq: LTRY) ("Lottery.com" or "the Company"), an online lottery and digital entertainment provider, is pleased to announce that it has signed a Memorandum of Understanding (MOU) to acquire CMF Media, an award-winning sports content production house. The acquisition, valued at $1 million, will be paid entirely in common stock of Lottery.com to be issued at $3.00 per share. CMF is owned by Charlie Bingham and Miguel Sánchez and will be integrated under the Sports.com brand, which is wholly owned by Lottery.com. The CMF acquisition is part of the broader buy and build strategy to be executed via a series of acquisitions targeted by Lottery.com to rapidly develop the Sports.com brand. Upon completion of the acquisition, CMF Media will be renamed Sports.com Studios and will continue to create and produce award-winning original sports content that will be showcased on the Sports.com platform. The acquisition of CMF
Show less
Read more
Impact Snapshot
Event Time:
LTRY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LTRY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LTRY alerts
High impacting Lottery.com, Inc. news events
Weekly update
A roundup of the hottest topics
LTRY
News
- Lottery.Com Signs MOU to Acquire CMF Media (CMF) to Facilitate Sports.Com's Production of Original Content [Yahoo! Finance]Yahoo! Finance
- 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
- Lottery.com Finalizes Agreement Terms for S&MI Ltd Acquisition [Yahoo! Finance]Yahoo! Finance
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