SECsense Logo

Lottery.com Inc. 8-K Report: Essential Stock & Warrant Insights for Investors

$LTRY
Form 8-K
Filed on: 2025-02-12
Source
Lottery.com Inc. 8-K Report: Essential Stock & Warrant Insights for Investors

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

  1. Entity Information:
  • Company Name: Lottery.com Inc.
  • CIK: 0001673481
  • SEC File Type: 8-K
  • Filing Date: February 6, 2025
  • Address: 5049 Edwards Ranch Rd, 4th Floor, Fort Worth, TX 76109
  • Phone Number: (737) 309-4500
  1. Stock Information:
  • Common Stock:
    • Par Value: $0.001 per share
    • Ticker Symbol: LTRY
    • Exchange: NASDAQ
  1. Warrants:
  • Warrant Details: Warrants to purchase one share of common stock.
  • Exercise Price: $230.00 per share
  • Ticker Symbol for Warrants: LTRYW
  • Exchange for Warrants: NASDAQ
  1. Filing Context:
  • The report is structured in an XBRL format and references a schema file (ltry-20250206.xsd).
  • The report context indicates that it pertains specifically to the date February 6, 2025.
  1. Financial Metrics and Units:
  • The information is reported in various units, including USD and shares.

Summary

Lottery.com Inc. filed an 8-K on February 6, 2025, detailing key information about its common stock and associated warrants. The common stock has a par value of $0.001 and trades under the symbol LTRY on NASDAQ, while the warrants are exercisable at $230.00 and trade under the symbol LTRYW. The filing is structured in XBRL, indicating a modern approach to financial reporting.

Insights

  • The high exercise price of the warrants ($230) suggests a potentially high valuation expectation for the company's stock in the future.
  • The filing may indicate corporate developments or material events, as 8-K filings are typically used to report unscheduled material events or corporate changes. Further context in the full filing would provide more insights.