Summary by Futu AI
Lottery.com Inc., a company listed on the Nasdaq Stock Market, has filed an amendment to its Form 8-K/A with the United States Securities and Exchange Commission. The amendment, dated December 11, 2023, revises the original report filed on December 18, 2023, concerning a placement agent agreement and associated financial instruments. Initially, on December 6, 2023, Lottery.com entered into an agreement with Univest Securities, LLC to serve as the placement agent for the offering of up to $1,000,000 in units, each comprising a convertible promissory note and a common stock purchase warrant. Subsequently, on February 1, 2024, the parties agreed to quintuple the offering amount to $5,000,000. The securities will be offered under Section 4(a)(2) of the Securities Act of 1933. The company, identified as an emerging growth company, has not elected to use the extended transition period for complying with new or revised financial accounting standards. The CEO of Lottery.com, Matthew McGahan, has signed the report, affirming the company's compliance with the Securities Exchange Act of 1934.