TinyGemsBreaks – SEGG Media Corporation (NASDAQ: SEGG, LTRYW), dba Lottery.com Inc., Completes $1.7M Registered Direct Offering and Terminates Prior Financings

SEGG Media (NASDAQ: SEGG, LTRYW), dba Lottery.com Inc., today announced it has completed a registered direct offering of 2,449,857 shares of its common stock for gross proceeds of approximately $1.7 million, before deducting placement agent fees and offering expenses, with the offering price based on the average closing price for the five trading days prior to Jan. 16, 2026, and closing on Jan. 20, 2026. The Company said it intends to use the net proceeds primarily for general working capital, advancing previously announced acquisitions of revenue-generating, profitable, cash-flow positive businesses, and other corporate purposes. Dawson James Securities Inc. acted as sole placement agent. The Company also announced it has withdrawn from two previously disclosed financing arrangements, including agreeing in principle to terminate its December 2025 note and securities purchase agreement with Evergreen Capital Markets LLC, under which it received $500,000 and will not draw the remaining $2.0 million, and terminating its $150 million loan agreement with United Capital Investments London Limited, which the Company said is not expected to result in significant equity issuances or dilution.

To view the full press release, visit https://ibn.fm/xbCDv

About SEGG Media Corporation

SEGG Media (Nasdaq: SEGG, LTRYW) is a global sports, entertainment and gaming group operating a portfolio of digital assets including Sports.com, Concerts.com and Lottery.com. Focused on immersive fan engagement, ethical gaming and AI-driven live experiences, SEGG Media is redefining how global audiences interact with the content they love.

NOTE TO INVESTORS: The latest news and updates relating to SEGG are available in the company’s newsroom at http://ibn.fm/SEGG

About TinyGems

TinyGems is a specialized communications platform with a focus on innovative small-cap and mid-cap companies with bright futures and huge potential. It is one of 75+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TinyGems is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, TinyGems brings its clients unparalleled recognition and brand awareness. TinyGems is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from TinyGems, text “Gems” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.TinyGems.com

Please see full terms of use and disclaimers on the TinyGems website applicable to all content provided by TinyGems, wherever published or re-published: https://www.TinyGems.com/Disclaimer

TinyGems
Austin, Texas
www.TinyGems.com
512.354.7000 Office
Editor@TinyGems.com

TinyGems is powered by IBN

Christian Amiscua

Share
Published by
Christian Amiscua

Recent Posts

TinyGemsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Secures Conditional $725 Million U.S. Financing Commitment for Rare Earth Expansion

This article has been disseminated on behalf of Energy Fuels Inc. and may include paid…

6 days ago

TinyGemsBreaks – Why Redwood AI Corp. (CSE: AIRX) (OTCQB: RDWCF) (Frankfurt: Y0N) Is ‘One to Watch’

Disseminated on behalf of Redwood AI Corp. (CSE: AIRX) (OTCQB: RDWCF) (Frankfurt: Y0N) and may include paid advertising.…

7 days ago

TinyGemsBreaks – ParaZero Technologies Ltd. (NASDAQ: PRZO) Receives Additional DefendAir Order From Tier-1 Defense Customer

ParaZero Technologies (NASDAQ: PRZO) announced it has received an additional order for its DefendAir Net…

1 week ago

TinyGemsBreaks – Frontieras North America Appoints Refining Veteran Robert Portz as Vice President of Operations and Engineering

Frontieras North America announced the appointment of Robert Portz as vice president of operations and…

1 week ago

TinyGemsBreaks – Redwood AI Corp. (CSE: AIRX) (OTCQB: RDWCF) (Frankfurt: Y0N) (WKN: A422EZ) Featured in NetworkNewsAudio Editorial on AI, Defense and Cybersecurity Opportunities

This article has been disseminated on behalf of Redwood AI Corp. and may include paid advertising.  Redwood AI (CSE: AIRX)…

2 weeks ago