Lottery.com (LTRY) Appoints New Strategic Financial Adviser
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Lottery.com Announces Appointment of New Strategic Financial Adviser to Accelerate and Expand Global Reach and Acquisition Strategy
May 13, 2024 4:14 PM EDTNEW YORK, May 13, 2024 (GLOBE NEWSWIRE) -- Lottery.com Inc. (Nasdaq: LTRY, LTRY), a leading technology company transforming how, where, and when lottery and sports media content is delivered, today announces a significant step to accelerate its global expansion efforts. Lottery.com has engaged Cohen & Company Capital Markets ("CCM"), a division of J.V.B. Financial Group, LLC, as its financial advisor to help oversee and structure its acquisition strategy. The Companys buy and build strategy is backed by the United Capital Investments Limited (UCIL) $150 million loan facility with support from strategic investors, such as Prosperity Investment Management.
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