Lottery.com Inc. Regains Compliance with Nasdaq Listing Rule 5620(a)
25 Februar 2025 - 3:29PM
Lottery.com Inc. (NASDAQ: LTRY; LTRYW) (“Lottery.com” or “the
Company”) received a notice (the “Notice”) from The Nasdaq Stock
Market LLC (“Nasdaq”) indicating that, as a result of holding its
annual meeting on February 20, 2025, the Company is in compliance
with Nasdaq Listing Rule 5620(a) (the “Listing Rule”), The Company
had received a notice of non-compliance with the Listing Rule on
January 10, 2025. Nasdaq has closed the matter.
Important Notice Regarding Forward-Looking
Statements
This press release contains statements that
constitute “forward-looking statements” within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. All
statements, other than statements of present or historical fact
included in this press release, regarding the Company’s strategy,
future operations, prospects, plans and objectives of management,
are forward-looking statements. When used in this Form 8-K, the
words “could,” “should,” “will,” “may,” “believe,” “anticipate,”
“intend,” “estimate,” “expect,” “project,” “initiatives,”
“continue,” the negative of such terms and other similar
expressions are intended to identify forward-looking statements,
although not all forward-looking statements contain such
identifying words. These forward-looking statements are based on
management’s current expectations and assumptions about future
events and are based on currently available information as to the
outcome and timing of future events. The forward-looking statements
speak only as of the date of this press release or as of the date
they are made. The Company cautions you that these forward-looking
statements are subject to numerous risks and uncertainties, most of
which are difficult to predict and many of which are beyond the
control of the Company. In addition, the Company cautions you that
the forward-looking statements contained in this press release are
subject to risks and uncertainties, including but not limited to,
any future findings from ongoing review of the Company’s internal
accounting controls, additional examination of the preliminary
conclusions of such review, the Company’s ability to secure
additional capital resources, the Company’s ability to continue as
a going concern, the Company’s ability to respond in a timely and
satisfactory matter to the inquiries by Nasdaq, the Company’s
ability to regain compliance with the Bid Price Requirement, the
Company’s ability to regain compliance with Nasdaq Listing Rules,
the Company’s ability to become current with its SEC reports, and
those additional risks and uncertainties discussed under the
heading “Risk Factors” in the Form 10-K/A filed by the Company with
the SEC on June 14, 2024, and the other documents filed, or to be
filed, by the Company with the SEC. Additional information
concerning these and other factors that may impact the operations
and projections discussed herein can be found in the reports that
the Company has filed and will file from time to time with the SEC.
These SEC filings are available publicly on the SEC’s website at
www.sec.gov. Should one or more of the risks or uncertainties
described in this press release materialize or should underlying
assumptions prove incorrect, actual results and plans could differ
materially from those expressed in any forward-looking statements.
Except as otherwise required by applicable law, the Company
disclaims any duty to update any forward-looking statements, all of
which are expressly qualified by the statements in this section, to
reflect events or circumstances after the date of this press
release.
For more information, please visit www.lottery.com or contact our media relations team at press@lottery.com.
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