Lottery.com (NASDAQ: LTRY), a leading online lottery services provider, has been notified that it has regained compliance with NASDAQ listing rules. The company received a written notice from the listing qualifications staff of the NASDAQ Stock Market noting that it has maintained a minimum market value of publicly held shares of $5 million or greater for the last 10 consecutive business days. Consequently, the exchange considers the matter closed. “Regaining full compliance with NASDAQ is a pivotal milestone for Lottery.com and its shareholders,” said Lottery.com CEO Matthew McGahan in the press release. “This underscores the success of our decision to focus on good corporate governance, operational integrity and financial transparency. Our status as a NASDAQ-listed entity is essential to our business framework. It fosters a democratic approach to decision-making, empowering a broad spectrum of stakeholders to actively shape the trajectory of innovative ventures and opportunities at both Lottery.com and Sports.com. We are here to serve the interests of all our shareholders and won’t be swayed by a small minority represented by discredited individuals with vested self-interests. . . . The company is now well positioned to push the boundaries in the gaming and sports sectors, taking advantage of revenue generating opportunities in order to maximize shareholder value.”
To view the full press release, visit https://ibn.fm/CeyiC
About Lottery.com Inc.
Lottery.com is a leading technology company that is transforming how, where and when lottery is played. Its engaging mobile and online platforms enable players and commercial partners located throughout the United States and other countries to remotely purchase legally sanctioned lottery games. Fans and subscribers look to Lottery.com for compelling, real-time results on more than 800 lottery games from more than 40 countries. Additionally, through WinTogether.org, Lottery.com is fundamentally changing how nonprofit donors are incentivized to action by gamifying charitable giving. In all that it does, Lottery.com’s mission remains the same: an uncompromising passion to innovate, grow a new demographic of enthusiasts, deliver responsible and trusted solutions, and promote community and philanthropic initiatives. To learn more about the company, visit www.Lottery.com.
NOTE TO INVESTORS: The latest news and updates relating to Lottery are available in the company’s newsroom at https://ibn.fm/Lottery
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