Lottery.com (LTRY) has completed the acquisition of Spektrum from PlusEvothrough a signed Share Purchase Agreement on March 13. This acquisition, valued at $1.5M in common stock at $3 per share, supports Lottery.com’s strategic expansion and the development of Lottery.com International. The acquisition provides the Company with a compliant platform to support lottery, sweepstakes and social gaming operations in dozens of international jurisdictions.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LTRY:
- Lottery.com regains full compliance with Nasdaq listing rules
- Lottery.com enters stock purchase agreement with PlusEVO to acquire subsidiary
- Lottery.com says federal court dismisses all claims against company
- Lottery.com regains compliance with Nasdaq listing rule
- Lottery.com announces Global Advisory Board