Lottery.com Inc. has successfully regained compliance with Nasdaq's listing rules after filing its Q3 2024 Form 10-Q. On December 20, 2024, the company received a compliance determination letter from Nasdaq, closing the matter that began with a notice of non-compliance on November 20, 2024.The initial non-compliance was due to the delayed filing of the Q3 2024 report, violating Nasdaq Listing Rule 5250(c)(1) which requires timely submission of periodic financial reports. Lottery.com resolved the issue by filing the Form 10-Q on December 16, 2024, four days before receiving the compliance confirmation.This development marks a positive step for Lottery.com, an emerging growth company, in maintaining its Nasdaq listing. However, the company continues to face various risks and uncertainties, including internal accounting control reviews, capital resource challenges, and the need to regain compliance with other Nasdaq requirements such as the Bid Price Requirement.

Lottery.com Inc. has successfully regained compliance with Nasdaq's listing rules after filing its Q3 2024 Form 10-Q. On December 20, 2024, the company received a compliance determination letter from Nasdaq, closing the matter that began with a notice of non-compliance on November 20, 2024.The initial non-compliance was due to the delayed filing of the Q3 2024 report, violating Nasdaq Listing Rule 5250(c)(1) which requires timely submission of periodic financial reports. Lottery.com resolved the issue by filing the Form 10-Q on December 16, 2024, four days before receiving the compliance confirmation.This development marks a positive step for Lottery.com, an emerging growth company, in maintaining its Nasdaq listing. However, the company continues to face various risks and uncertainties, including internal accounting control reviews, capital resource challenges, and the need to regain compliance with other Nasdaq requirements such as the Bid Price Requirement.