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An announcement from SEGG Media ( (SEGG) ) is now available.
On July 11, 2025, SEGG Media Corporation entered into a Subscription Agreement and a Call Option Agreement with Veloce Media Group, aiming to acquire between 12.4% and 51% of Veloce. The agreements involve a two-tranche payment plan, with the first tranche being an all-cash payment and the second allowing a mix of cash and stock. Completion of these tranches will grant SEGG Media two board seats at Veloce, with the option to increase ownership to 51% by October 31, 2025, potentially giving SEGG Media control over Veloce’s board.
More about SEGG Media
SEGG Media Corporation, formerly known as Lottery.com Inc., operates in the media industry with a focus on expanding its market presence through strategic acquisitions and partnerships.
Average Trading Volume: 5,779,027
Technical Sentiment Signal: Hold
Current Market Cap: $32.31M
For a thorough assessment of SEGG stock, go to TipRanks’ Stock Analysis page.