Trident Acquisitions Corp. TDAC Archives

MondayNov 01, 2021 10:24 am

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…

ThursdayOct 21, 2021 10:00 am

QualityStocksNewsBreaks – Trident Acquisitions Corp.’s (NASDAQ: TDAC) Proposed Business Combination Partner Announces Strong Preliminary Q3 2021 Revenues

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 provided preliminary revenue results for its third quarter 2021, which are expected to be between $22.0 million and $24.0 million. The strong performance, which represents greater than 135% sequential revenue growth compared to $9.3 million in the second quarter of 2021, was driven by increased sales in the company’s B2B segment. “I am proud of…

MondayOct 18, 2021 10:27 am

QualityStocksNewsBreaks – Trident Acquisitions Corp.’s (NASDAQ: TDAC) Proposed Business Combination Partner Announces Effectiveness of S-4 Registration Statement

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 that the Securities and Exchange Commission (“SEC”) declared effective the Registration Statement on Form S-4 in connection with its proposed business combination with Trident Acquisitions Corp. According to the update, Trident will hold a special meeting of its stockholders via a live webcast at 10:00 a.m. ET on Oct. 28, 2021, for its stockholders of record…

WednesdayOct 06, 2021 3:09 pm

QualityStocksNewsBreaks – Trident Acquisitions Corp.’s (NASDAQ: TDAC) Proposed Business Combination Partner Announces Board Nominees

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…

MondaySep 20, 2021 1:28 pm

QualityStocksNewsBreaks – Trident Acquisitions Corp. (NASDAQ: TDAC) Announces Filing of Amended Form S-4 Related to Proposed Business Combination with Lottery.com

Trident (NASDAQ: TDAC, TDACU, TDACW), a special purpose acquisition company, today announced that it has filed an amended Form S-4 (the “Registration Statement”) with the Securities and Exchange Commission (“SEC”) in relation to its proposed business combination with AutoLotto Inc. (“Lottery.com”), a leading technology company that is transforming how, where and when the lottery is played. This Registration Statement includes additional information related to Trident’s proposed business combination with Lottery.com, including Lottery.com’s second quarter 2021 financial statements. “The filing of our updated Registration Statement represents another positive step toward completing our proposed business combination. I am pleased with the diligent efforts both…

FridayAug 27, 2021 11:37 am

QualityStocksNewsBreaks – Trident Acquisitions Corp. (NASDAQ: TDAC) Files Updated Investor Presentation for Business Combination with Lottery.com

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. Trident today announced that it has filed an updated investor presentation with the Securities and Exchange Commission (“SEC”) in connection with its business combination with Lottery.com. The presentation includes, among other things, positive updates to peer valuation metrics and reiterates Lottery.com’s strong financial outlook and 2021 financial projections. The outlook is supported by strong preliminary second quarter…

MondayAug 02, 2021 11:12 am

QualityStocksNewsBreaks – Trident Acquisitions Corp.’s (NASDAQ: TDAC) Pending Business Combination Partner Lottery.com Announces Corporate Update, Preliminary Q2 2021 Results

Trident (NASDAQ: TDAC, TDACU, TDACW), a special purpose acquisition company, previously announced its entry into a definitive agreement with AutoLotto Inc. (“Lottery.com”), a leading platform to play the lottery online. The agreement allows Lottery.com to become a publicly listed company. Today, Lotty.com and TDAC provided a business update, available on Lottery.com’s Investor Relations website. In addition, Lottery.com provided preliminary results for second quarter 2021 revenue, which is expected to be between $9.1 million and $9.6 million on a reported basis and between $10.0 million and $10.5 million on a pro-forma basis including the recently acquired interests in Juega Lotto and Aganar. According to…

FridayJul 16, 2021 10:38 am

QualityStocksNewsBreaks – Lottery.com CEO Featured on ‘Blaze Your Own Trail’ Podcast

Lottery.com, a leading technology company that is transforming how, where and when the lottery is played, has announced that company co-founder and CEO Tony DiMatteo is the featured guest on a recent Blaze Your Own Trail podcast. He also noted that in February of this year Lottery.com and Trident Acquisitions Corp. (NASDAQ: TDAC) entered into a definitive agreement; when the transaction is complete, the combined company is expected to be named Lottery.com with its common stock and warrants remaining on the Nasdaq Stock Market under the new ticker symbols LTRY and LTRYW, respectively. The “Blaze Your Own Trail” podcast, hosted by…

WednesdayJul 07, 2021 11:52 am

QualityStocksNewsBreaks – Trident Acquisitions Corp. (NASDAQ: TDAC), Lottery.com Achieve Significant Milestone Towards Completing Business Combination

Trident (NASDAQ: TDAC, TDACU, TDACW) today announced that it has filed a registration statement on Form S-4 with the U.S. Securities and Exchange Commission ("SEC") in connection with its proposed business combination with AutoLotto Inc., doing business as Lottery.com. A leading technology company, Lottery.com is transforming how, where and when the lottery is played. “Through the hard work and collaboration of the Lottery.com and Trident teams, we have reached a significant milestone toward completing our business combination,” said Vadim Komissarov, chief executive officer of Trident. “We are committed to completing this business combination as soon as practicable and are excited…

WednesdayJun 30, 2021 11:25 am

QualityStocksNewsBreaks – Trident Acquisitions Corp. (NASDAQ: TDAC) Announces Filing of 10-Q, Compliance with Nasdaq Listing Rules

Trident (NASDAQ: TDAC, TDACU, TDACW), a special purpose acquisition company, today announced that it has filed Form 10-Q for the period ended March 31, 2021 with the Securities and Exchange Commission (“SEC”). This filing brings the company into compliance with Nasdaq listing rules for financial reporting with the SEC. Trident is now squarely focused on expeditiously completing its previously announced business combination with AutoLotto Inc., doing business as Lottery.com, with priority given to filing the Form S-4. The Nasdaq Hearings Panel will no longer need to consider the Form 10-Q deficiency at the hearing to be held in connection with…

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