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SEGG Media ( (SEGG) ) has shared an update.
On January 20, 2026, SEGG Media completed a registered direct public offering of 2,449,857 shares of common stock, raising approximately $1.7 million in gross proceeds, with Dawson James Securities acting as sole placement agent. The company plans to deploy the funds primarily for working capital, to advance previously announced acquisitions of cash-generative, profitable businesses, and for other corporate purposes. On the same date, SEGG Media moved to streamline its capital structure by withdrawing from two previously disclosed financing arrangements, including terminating a $150 million loan agreement with United Capital Investments London Limited and agreeing in principle to end a note and securities purchase agreement with Evergreen Capital Markets LLC, under which it had received $500,000 and will forgo the remaining $2 million. The company said it does not expect these withdrawals to materially affect liquidity or operations and emphasized a strategy that avoids highly dilutive large financings while prioritizing acquisitions with proven business models and clear paths to revenue, profitability and positive cash flow, alongside continued development of core assets such as Sports.com, Concerts.com, TicketStub.com and Lottery.com.
The most recent analyst rating on (SEGG) stock is a Buy with a $15.50 price target. To see the full list of analyst forecasts on SEGG Media stock, see the SEGG Stock Forecast page.
More about SEGG Media
SEGG Media Corporation, doing business as Lottery.com Inc., is a global sports, entertainment and gaming group that integrates traditional assets with blockchain innovation. Through digital properties such as Sports.com, Concerts.com and Lottery.com, the Nasdaq-listed company focuses on immersive fan engagement, ethical gaming and AI-driven live experiences, targeting global audiences seeking interactive content-focused platforms.
Average Trading Volume: 6,549,661
Technical Sentiment Signal: Sell
Current Market Cap: $6.58M
Find detailed analytics on SEGG stock on TipRanks’ Stock Analysis page.