TechMediaBreaks – 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 The Company also announced it has withdrawn from two previously disclosed financing arrangements, including agreeing in principle to terminate its December 2025 note and securities purchase agreement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/pnk72

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 TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. 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, TMW 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, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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

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

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

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

TechMediaWire is powered by IBN