SEGG Media closes $2.5 million funding for expansion plans

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SEGG Media Closes $2.5 Million Funding Agreement

December 11, 2025 10:30 AM EST

FORT WORTH, Texas, Dec. 11, 2025 (GLOBE NEWSWIRE) -- SEGG Media Corporation (NASDAQ: SEGG, LTRYW)(the Company or SEGG Media), the global sports, entertainment, and gaming group, today announces that it has closed a $2.5 million Securities Purchase Agreement under a shelf registration statement on Form S-3 that was previously filed with the SEC and declared effective on November 28, 2025. The funds will be used by the Company to execute on reaching milestones outlined in its 90-day outline of key initiatives including completing the investment to acquire a controlling interest in Veloce Media Group (Veloce).

The recent decision by the Companys Board of Directors... More