Lottery.com (NASDAQ: LTRY, LTRYW), a leading technology company that is transforming how, where and when the lottery is played, today announced that it has returned to trading on the Nasdaq Stock Market. This follows a period of consultation with Nasdaq that ultimately led to the company’s securities being reinstated for trading on the exchange effective with the open of the market on Monday, June 12, 2023. “We have worked very closely alongside Nasdaq to swiftly return the company to trading on the global exchange. I am glad that the Nasdaq Panel Members reconsidered their prior decision and reinstated the company’s securities for trading,” said Matthew McGahan, chairman of Lottery.com. “This result speaks volumes for the persistent effort we have made at the company into implementing the disclosure and reporting rules set forth by Nasdaq. Nasdaq’s reversal and reinstatement of the company’s stock on its exchange is an acknowledgment of the considerable progress the company has made to that end. I extend my heartfelt gratitude to our shareholders and investors for their patience during this challenging period. The new team at Lottery.com is carefully addressing the legacy issues, ensuring that we remain up to date with our filings moving forward. Now, we can continue shifting our attention to the operational aspects of our business, which are robust.”
To view the full press release, visit https://ibn.fm/l4YFl
About Lottery.com
Lottery.com is a leading technology company that is transforming how, where and when lotteries are played. Its engaging mobile and online platforms enable players and commercial partners located throughout the United States and other countries to remotely purchase safe and legally sanctioned lottery games. Lottery participants look to the company’s website, Lottery.com, for compelling, real-time results on over 800 lottery games from over 40 countries. In all that it does, the company’s mission remains the same: an uncompromising passion to innovate, grow a new demographic of enthusiasts, deliver responsible and trusted solutions, and promote community and philanthropic initiatives through its Lottery.com and Sports.com brands. For more information, visit www.Lottery.com.
NOTE TO INVESTORS: The latest news and updates relating to LTRY are available in the company’s newsroom at https://ibn.fm/LTRY
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