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Lottery.com Announces Positive Results From Annual Shareholder Meeting

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
One key decision facing shareholders was whether to authorize the Company's Board of Directors (the "Board") to effectuate a reverse stock split. The Board reviewed market conditions after the close of the US Market regular trading session today and unanimously voted to not proceed with the reverse split of the stock.
The article from The Manila Times reports that Lottery.com Inc. held its Annual General Meeting (AGM) on February 20, 2025, where shareholders approved all proposed resolutions. Key outcomes included the re-election of directors, the re-appointment of the company's auditors, and the authorization for the board to manage share allotments and repurchases. The meeting also saw the approval of the company's financial statements for the fiscal year ending December 31, 2023. Lottery.com's CEO, Matthew McGahan, expressed satisfaction with the strong shareholder support, highlighting the company's focus on growth, innovation, and enhancing shareholder value. The positive results from the AGM are seen as a vote of confidence in the company's strategic direction and leadership.

Read the Full manilatimes Article at:
[ https://www.manilatimes.net/2025/02/21/tmt-newswire/globenewswire/lotterycom-announces-positive-results-from-annual-shareholder-meeting/2060034 ]