Trident (NASDAQ: TDAC, TDACU, TDACW), a special purpose acquisition company, previously announced its entry into a definitive agreement with AutoLotto Inc. (doing business as “Lottery.com”), a leading platform to play the lottery online. The agreement allows Lottery.com to become a publicly listed company. Lottery.com today announced certain nominees to the board of directors for the combined company in anticipation of the proposed business combination with Trident, expected to be completed in the fourth quarter of 2021. According to the update, the board nominees will be subject to election by Trident shareholders at a special meeting to be held shortly before the closing of the business combination. “We believe we have assembled a distinguished group of leaders with expertise in gaming, law, technology, sports, finance and corporate governance who will support Lottery.com’s growth and our transition as a public company,” said Tony DiMatteo, co-founder and CEO of Lottery.com, in the news release. “We believe that together, they bring an ideal mix of deep knowledge, strategic expertise and leadership competency that will assist our management team in achieving our objectives and realizing our potential. I would like to thank the proposed directors for their confidence in Lottery.com’s vision and future, and I, along with the entire Lottery.com team, look forward to working with them.”
To view the full press release, visit https://ibn.fm/mF081
About Trident Acquisitions Corp.
Trident is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities. Trident’s securities are quoted on the Nasdaq stock exchange under the ticker symbols TDACU, TDAC and TDACW. For more information, visit www.TridentAcquisitions.com.
NOTE TO INVESTORS: The latest news and updates relating to Lottery.com are available in the company’s newsroom at https://ibn.fm/Lottery
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