Jaguar8 commented on a stock · Nov 2, 2024 07:34

NEWS

Receives Notice of Non-Compliance From Nasdaq

On October 28, 2024, Lottery.com Inc., a company listed on the Nasdaq Stock Market, received a notice from Nasdaq's Listing Qualifications staff indicating that the company's Market Value of Publicly Held Shares (MVPHS) had fallen below the minimum requirement of $5 million as stipulated by Nasdaq Listing Rule 5450(b)(1)(C). The company has been granted a 180-day grace period, until April 28, 2025, to regain compliance. During this period, if Lottery.com's MVPHS reaches or exceeds $5 million for at least ten consecutive business days, Nasdaq will confirm the company's compliance and close the matter. Failure to meet the requirement by the end of the grace period may result in the delisting of the company's securities. The report was officially signed by Matthew McGahan, CEO of Lottery.com Inc.

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Jaguar8

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