Form 8-K - Current report
12 August 2023 - 6:15AM
Edgar (US Regulatory)
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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
DC 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): August 7, 2023
LOTTERY.COM,
INC.
(Exact
name of registrant as specified in its charter)
Delaware |
|
001-38508 |
|
81-1996183 |
(State
or other jurisdiction |
|
(Commission |
|
(IRS
Employer |
of
incorporation) |
|
File
Number) |
|
Identification
No.) |
20808
State Hwy 71 W, Unit B, Spicewood, TX |
|
78669 |
(Address
of principal executive offices) |
|
(Zip
Code) |
Registrant’s
telephone number, including area code: (737) 309-4500
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
☐ |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|
|
☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
Common
Stock, par value $0.001 per share |
|
LTRY |
|
The
Nasdaq Stock Market LLC |
Warrants
to purchase one share of common stock, each at an exercise price of $11.50 |
|
LTRYW |
|
The
Nasdaq Stock Market LLC |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☒
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Item
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of
Certain Officers.
On
August 7, 2023, the board of directors (the “Board of Directors”) of Lottery.com, Inc. (the “Company”) received
the resignation of Nick Kounoupias, as an independent, outside director of the Company. Mr. Kounoupias resigned for personal reasons.
On August 10, 2023, the Board of Directors accepted Mr. Kounoupias’ resignation with immediate effect.
On
August 10, 2023, the Board of Directors appointed Christopher A. Gooding, an individual, as an independent member of the Board of Directors,
effective immediately, as a result of Mr. Gooding’s having successfully passed a background check. Mr. Gooding is expected to be
named to particular Committees of the Board of Directors at the Board’s next meeting. There are no family relationships between
any director or executive officer of the Company and Mr. Gooding.
Mr.
Gooding is not a party to any transaction, or series of transactions, required to be disclosed pursuant to Item 404(a) of Regulation
S-K. There is no agreement, arrangement or understanding pursuant to which Mr. Gooding was selected as a director. Mr. Gooding will receive
consideration for his services on the Board of Directors consistent with the formal compensation policy for independent members of the
Board of Directors.
Christopher
A. Gooding, age 66, has been a lawyer and a partner in London law firms for over 30 years. His expertise and clients have been
eclectic and broad ranging. He has particular expertise in African and the Middle Eastern countries but has acted in 132 countries over
his career. He is experienced in insurance, energy, mining, commodities, power (both ‘dirty’ and green) and aviation. Separate
from his legal career, Mr. Gooding has considerable experience in commerce, including having been a founding director of a major ($500m)
NY hedge fund, a member of (UK) boards of directors of companies in aviation, insurance, and high-tech start-ups. He has also been a
founder of various start-ups in the (green) power and aviation sectors. He has advised on both contentious and non-contentious aspects
of large-scale petrochemical, engineering, leisure and infrastructure projects and joint ventures.
Mr.
Gooding has also acted for governments, state governments, NOC’s and other state-owned companies, ECA’s including ECGD and
Hermes, the World Bank and the Multilateral Investment Guarantee Agency, state and private insurers (he was a member of the War Risk
Board of Lloyds of London), IOC’s and private companies in mining, energy, infrastructure and aviation.
Mr.
Gooding holds a LLB (Hons) from Brunel University, the Guildford School of Law, and is a graduate of St. Lawrence College, Ramsgate,
UK.
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. |
|
|
|
Date:
August 11, 2023 |
By: |
/s/
Matthew McGahan |
|
Name: |
Matthew
McGahan |
|
Title: |
Interim
Chief Executive Officer |
v3.23.2
Cover
|
Aug. 07, 2023 |
Document Type |
8-K
|
Amendment Flag |
false
|
Document Period End Date |
Aug. 07, 2023
|
Entity File Number |
001-38508
|
Entity Registrant Name |
LOTTERY.COM,
INC.
|
Entity Central Index Key |
0001673481
|
Entity Tax Identification Number |
81-1996183
|
Entity Incorporation, State or Country Code |
DE
|
Entity Address, Address Line One |
20808
State Hwy 71 W
|
Entity Address, Address Line Two |
Unit B
|
Entity Address, City or Town |
Spicewood
|
Entity Address, State or Province |
TX
|
Entity Address, Postal Zip Code |
78669
|
City Area Code |
(737)
|
Local Phone Number |
309-4500
|
Written Communications |
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|
Soliciting Material |
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|
Pre-commencement Tender Offer |
false
|
Pre-commencement Issuer Tender Offer |
false
|
Entity Emerging Growth Company |
true
|
Elected Not To Use the Extended Transition Period |
false
|
Common Stock, par value $0.001 per |
|
Title of 12(b) Security |
Common
Stock, par value $0.001 per
|
Trading Symbol |
LTRY
|
Security Exchange Name |
NASDAQ
|
Warrants to purchase one share of common stock, each at an exercise price of $11.50 |
|
Title of 12(b) Security |
Warrants
to purchase one share of common stock, each at an exercise price of $11.50
|
Trading Symbol |
LTRYW
|
Security Exchange Name |
NASDAQ
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