QualityStocksNewsBreaks – Lottery.com (NASDAQ: LTRY), Trident Acquisitions Corp. (NASDAQ: TDAC) Announce Completion of Business Combination Transaction
Lottery.com (NASDAQ: LTRY, LTRYW), a leading technology company that is transforming how, where and when the lottery is played, announced that the business combination between the company and Trident Acquisitions Corp. (NASDAQ: TDAC, TDACU) has been completed; the two companies had announced their intentions to combine earlier this year. Lottery.com stated that the transaction had received approval from Trident stockholders at a special meeting held on Oct. 28, 2021. In addition to approval the move, the stockholders also elected to retain 99.6% of Trident’s outstanding stock, which resulted in the company receiving more than $63 million in gross proceeds. The announcement…