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On February 15, 2024, Lottery.com Inc., a leading online lottery services provider, announced the signing of a Memorandum of Understanding (MOU) with S&MI Ltd., known as SportLocker.com, to acquire the company in a stock-based transaction. The agreement involves Lottery.com paying S&MI Ltd. shareholders a total of $1,000,000 in restricted common stock, valued at $3.00 per share, with payments scheduled between June 15, 2024, and May 16, 2025. The MOU will be incorporated into a definitive agreement by April 15, 2024. Additionally, Lottery.com will support SportLocker.com with cash, media credits, or a combination thereof over the twelve months following the closing date, contingent on raising a minimum of new capital. This acquisition marks the launch of Sports.com, a rebranded platform from SportLocker...Show More
On February 15, 2024, Lottery.com Inc., a leading online lottery services provider, announced the signing of a Memorandum of Understanding (MOU) with S&MI Ltd., known as SportLocker.com, to acquire the company in a stock-based transaction. The agreement involves Lottery.com paying S&MI Ltd. shareholders a total of $1,000,000 in restricted common stock, valued at $3.00 per share, with payments scheduled between June 15, 2024, and May 16, 2025. The MOU will be incorporated into a definitive agreement by April 15, 2024. Additionally, Lottery.com will support SportLocker.com with cash, media credits, or a combination thereof over the twelve months following the closing date, contingent on raising a minimum of new capital. This acquisition marks the launch of Sports.com, a rebranded platform from SportLocker, aiming to become a premier digital sports entertainment space with innovative features for fan engagement. The platform will offer 24-hour sports news, live streaming, original content, and interactive experiences. Initial focus regions for Sports.com include the USA, Europe, and the Middle East, with plans to expand globally. The acquisition is part of Lottery.com's strategy to diversify its digital entertainment footprint and is expected to drive growth through premium content and direct connections with Mobile Network Operators (MNOs).
2024年2月15日，领先的在线彩票服务提供商Lottery.com公司宣布与名为Sportlocker.com的S＆MI有限公司签署谅解备忘录（MOU），以股票交易收购该公司。该协议涉及Lottery.com向S&MI Ltd.股东支付总额为100万美元的限制性普通股，价值每股3.00美元，并计划在2024年6月15日至2025年5月16日之间付款。谅解备忘录将在2024年4月15日之前纳入最终协议。此外，Lottery.com将在截止日期后的十二个月内向Sportlocker.com提供现金、媒体信贷或其组合支持，前提是筹集最低新资金。此次收购标志着SportLocker更名平台Sport...展开全部
2024年2月15日，领先的在线彩票服务提供商Lottery.com公司宣布与名为Sportlocker.com的S＆MI有限公司签署谅解备忘录（MOU），以股票交易收购该公司。该协议涉及Lottery.com向S&MI Ltd.股东支付总额为100万美元的限制性普通股，价值每股3.00美元，并计划在2024年6月15日至2025年5月16日之间付款。谅解备忘录将在2024年4月15日之前纳入最终协议。此外，Lottery.com将在截止日期后的十二个月内向Sportlocker.com提供现金、媒体信贷或其组合支持，前提是筹集最低新资金。此次收购标志着SportLocker更名平台Sports.com的推出，旨在成为具有创新功能的顶级数字体育娱乐空间，可促进粉丝互动。该平台将提供24小时体育新闻、直播、原创内容和互动体验。Sports.com最初的重点区域包括美国、欧洲和中东，并计划向全球扩张。此次收购是Lottery.com实现数字娱乐业务多元化战略的一部分，预计将通过优质内容和与移动网络运营商（MNO）的直接联系推动增长。
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