Lottery.com to begin operating as SEGG Media, ticker symbol changes to Nasdaq:SEGG
Investing.com
Published Jul 07, 2025 12:12PM ET
Lottery.com Inc. (NASDAQ:LTRY) announced Monday that it will begin doing business as Sports Entertainment Gaming Global Media Corporation, also known as SEGG Media, effective Tuesday. The company’s legal name will remain Lottery.com Inc. until shareholders approve a formal name change to SEGG Media Corporation, which is expected before the end of September 2025.
Starting Tuesday, the company’s shares will trade on The Nasdaq Stock Market under the new ticker symbol NASDAQ:SEGG. The company’s CUSIP number will remain unchanged, and no action is required from current shareholders regarding the ticker symbol change. The company’s warrants will continue to trade under the symbol NASDAQ:LTRYW.
The announcement was made in a press release statement and disclosed in a filing with the U.S. Securities and Exchange Commission. The stock currently trades at $1.34, significantly above its 52-week low of $0.22 but well below its peak of $2.65.
In other recent news, Lottery.com Inc. has announced a significant move with the upcoming launch of its Sports.com Super App, set for the third quarter of 2025. The app aims to integrate live streaming, social engagement, and e-commerce, among other features, and will initially focus on soccer and motorsport content. To support this initiative, Lottery.com has signed a Letter of Intent to acquire a 51% controlling interest in assets from Galaxy Racer Holdings Limited, valuing the transaction at $10 million. In addition to this development, Lottery.com has entered into a $300 million stock purchase agreement with Generating Alpha Ltd., allowing the latter to buy up to $300 million of the company's common stock. The company also clarified that references to a "2023 Incentive Award Plan" in its SEC filings were incorrect, confirming instead that awards are made under the 2021 plan. Furthermore, Lottery.com has appointed Tim Scoffham as CEO of its international divisions, where he will lead strategic integration and expansion efforts. Lastly, Lottery.com has regained compliance with Nasdaq's minimum bid price requirement, allowing it to maintain its listing on the exchange. These developments come amid a backdrop of strategic growth and expansion for the company.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
Get The News You Want
Written By: Investing.com
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.