Lottery.com Faces Nasdaq Delisting Warning
Ticker: LTRYW · Form: 8-K · Filed: Dec 20, 2024 · CIK: 1673481
| Field | Detail |
|---|---|
| Company | Lottery.Com INC. (LTRYW) |
| Form Type | 8-K |
| Filed Date | Dec 20, 2024 |
| Risk Level | high |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.001, $230.00 |
| Sentiment | bearish |
Sentiment: bearish
Topics: delisting, compliance, stock-exchange
Related Tickers: LTRY
TL;DR
Nasdaq's coming for LTRY's listing - big trouble ahead.
AI Summary
Lottery.com Inc. filed an 8-K on December 20, 2024, to report a notice of delisting or failure to satisfy a continued listing rule. The company is facing potential delisting from the Nasdaq Capital Market due to not meeting certain listing requirements.
Why It Matters
This filing indicates potential delisting from a major stock exchange, which could significantly impact the company's liquidity, investor confidence, and ability to raise capital.
Risk Assessment
Risk Level: high — The company is facing a notice of delisting, which poses a severe risk to its stock's tradability and the company's future.
Key Players & Entities
- Lottery.com Inc. (company) — Registrant
- Nasdaq Capital Market (company) — Stock Exchange
- December 20, 2024 (date) — Filing Date
FAQ
What is the primary reason for Lottery.com Inc.'s 8-K filing on December 20, 2024?
The primary reason is to report a notice of delisting or failure to satisfy a continued listing rule or standard.
Which stock exchange is threatening to delist Lottery.com Inc.?
The Nasdaq Capital Market is the stock exchange involved in the delisting notice.
What is the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is December 20, 2024.
What is the company's state of incorporation?
Lottery.com Inc. is incorporated in Delaware.
What was the former name of Lottery.com Inc. before its name change on April 29, 2016?
The former name was Trident Acquisitions Corp.
Filing Stats: 1,012 words · 4 min read · ~3 pages · Grade level 12.5 · Accepted 2024-12-20 14:13:50
Key Financial Figures
- $0.001 — ch registered Common Stock, par value $0.001 per share LTRY The Nasdaq Stock Mar
- $230.00 — mon stock, each at an exercise price of $230.00 LTRYW The Nasdaq Stock Market LLC
Filing Documents
- form8-k.htm (8-K) — 45KB
- 0001493152-24-050984.txt ( ) — 267KB
- ltry-20241220.xsd (EX-101.SCH) — 4KB
- ltry-20241220_def.xml (EX-101.DEF) — 29KB
- ltry-20241220_lab.xml (EX-101.LAB) — 36KB
- ltry-20241220_pre.xml (EX-101.PRE) — 26KB
- form8-k_htm.xml (XML) — 6KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Lottery.com Inc. By: /s/ Matthew McGahan Name: Matthew McGahan Title: Chief Executive Officer (Principal Executive Officer) Date: December 20, 2024 3