Lottery.com Inc. 8-K Filing Report - Key Insights for Investors

$LTRY
Form 8-K
Filed on: 2025-01-17
Source
Lottery.com Inc. 8-K Filing Report - Key Insights for Investors

Based on the provided XML section of the financial report, here are the key insights and information extracted:

Company Information:

  • Company Name: Lottery.com Inc.
  • CIK (Central Index Key): 0001673481
  • SEC Filing Type: 8-K
  • Filing Date: January 10, 2025
  • Location: 5049 Edwards Ranch Rd., 4th Floor, Fort Worth, TX 76109
  • Contact Number: (737) 309-4500

Stock Information:

  • Common Stock Par Value: $0.001 per share
  • Stock Ticker Symbol: LTRY
  • Exchange: NASDAQ

Warrants Information:

  • Warrants Description: Warrants to purchase one share of common stock, each at an exercise price of $230.00
  • Warrant Ticker Symbol: LTRYW
  • Exercise Price of Warrants: $230.00

Contextual Information:

  • The report is structured in XBRL format, which is used for the electronic filing of financial data.
  • The reporting period is specifically noted as January 10, 2025.

Summary:

The filing appears to pertain to a specific date in early 2025, detailing key aspects of Lottery.com Inc.'s common stock and associated warrants. The common stock has a low par value, which may indicate a strategy to facilitate a larger number of shares, while the warrants are priced at a relatively high exercise price, suggesting potential future capital raising or financial strategy.

This information is crucial for investors and analysts who are monitoring the company's financial instruments and capital structure.