Update
$Lottery.com (LTRY.US)$ Lottery.Com Signs MOU to Acquire CMF Media (CMF) to Facilitate Sports.Com's Production of Original Content
Globe Newswire 25-Sep-2024 1:37 PM
FT. WORTH, Texas, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Lottery.com Inc. (NASDAQ:LTRY) ("Lottery.com" or "the Company"), an online lottery and digital entertainment provider, is pleased to announce that it has signed a Memorandum of Understanding (MOU) to acquire CMF Media, an award-winning sports content production house. The acquisition, valued at $1 million, will be paid entirely in common stock of Lottery.com to be issued at $3.00 per share. CMF is owned by Charlie Bingham and Miguel Sánchez and will be integrated under the Sports.com brand, which is wholly owned by Lottery.com.
Globe Newswire 25-Sep-2024 1:37 PM
FT. WORTH, Texas, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Lottery.com Inc. (NASDAQ:LTRY) ("Lottery.com" or "the Company"), an online lottery and digital entertainment provider, is pleased to announce that it has signed a Memorandum of Understanding (MOU) to acquire CMF Media, an award-winning sports content production house. The acquisition, valued at $1 million, will be paid entirely in common stock of Lottery.com to be issued at $3.00 per share. CMF is owned by Charlie Bingham and Miguel Sánchez and will be integrated under the Sports.com brand, which is wholly owned by Lottery.com.
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