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On February 16, 2024, Lottery.com Inc. announced an expansion of its existing loan agreement with United Capital Investments London Limited (UCIL). The amendment, known as 'Amendment and Restatement Agreement No. 2', increases the supplemental credit facility, or 'Accordion', from $49 million to $149 million. This follows a previous amendment on August 18, 2023, which adjusted the conversion mechanics to align with Nasdaq's listing rules regarding stockholder voting rights. Concurrently, Prosperity Investment Management began funding an $18 million investment in Lottery.com through the amended loan agreement. This financial activity is detailed in the company's Form 8-K filings with the SEC, with the full text of the amendments incorporated by reference.
On February 16, 2024, Lottery.com Inc. announced an expansion of its existing loan agreement with United Capital Investments London Limited (UCIL). The amendment, known as 'Amendment and Restatement Agreement No. 2', increases the supplemental credit facility, or 'Accordion', from $49 million to $149 million. This follows a previous amendment on August 18, 2023, which adjusted the conversion mechanics to align with Nasdaq's listing rules regarding stockholder voting rights. Concurrently, Prosperity Investment Management began funding an $18 million investment in Lottery.com through the amended loan agreement. This financial activity is detailed in the company's Form 8-K filings with the SEC, with the full text of the amendments incorporated by reference.
2024年2月16日，Lottery.com公司宣佈擴大與倫敦聯合資本投資有限公司（UCIL）的現有貸款協議。該修正案被稱爲 “第2號修正和重述協議”，將補充信貸額度或 “Accordion” 從4900萬美元增加到1.49億美元。這是繼2023年8月18日的先前修正案之後發生的，該修正案調整了轉換機制，以符合納斯達克有關股東投票權的上市規則。同時，繁榮投資管理公司開始通過修訂後的貸款協議爲對Lottery.com的1800萬美元投資提供資金。該公司向美國證券交易委員會提交的8-K表中詳細介紹了該財務活動，修正案的全文以引用方式納入。
2024年2月16日，Lottery.com公司宣佈擴大與倫敦聯合資本投資有限公司（UCIL）的現有貸款協議。該修正案被稱爲 “第2號修正和重述協議”，將補充信貸額度或 “Accordion” 從4900萬美元增加到1.49億美元。這是繼2023年8月18日的先前修正案之後發生的，該修正案調整了轉換機制，以符合納斯達克有關股東投票權的上市規則。同時，繁榮投資管理公司開始通過修訂後的貸款協議爲對Lottery.com的1800萬美元投資提供資金。該公司向美國證券交易委員會提交的8-K表中詳細介紹了該財務活動，修正案的全文以引用方式納入。
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