Trident Acquisitions issues update on Lottery.com business combination

Trident Acquisitions has announced it has filed an amended Form S-4 relating to its business combinations with Lottery.com with the US Securities and Exchange Commission
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Trident Acquisitions has announced it has filed an amended Form S-4 relating to its business combinations with Lottery.com with the US Securities and Exchange Commission.

Back in July, an initial Form S-4 was submitted in relation to the combination, however, additional information was required for proposed investors, leading to this amended version. 

Lottery.com and Trident entered into a definitive agreement relating to the business combination on February 21, 2021.

Upon completion, the combined company is expected to be named Lottery.com and its common stock and warrants are expected to remain listed on the Nasdaq Stock Market under the new ticker symbols “LTRY” and “LTRYW”, respectively.

“The filing of our updated Registration Statement represents another positive step toward completing our proposed business combination. I am pleased with the diligent efforts both the Lottery.com and Trident teams have demonstrated as we work to complete the process as quickly as possible,” commented Tony DiMatteo, Chief Executive Officer and Co-Founder of Lottery.com. 

“Additionally, I am delighted to share our compelling story through the replay of our analyst day webcast. We are pleased with the growth Lottery.com has achieved and during our analyst day, we provide insights into why we are confident about realizing future growth.”