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SEGG Media Corporation Announces CUSIP Change to Enhance Shareholder Protections

By Advos

TL;DR

SEGG Media's rebrand and CUSIP change offer investors a clearer path to engage with a company combating illicit trading and expanding in sports, entertainment, and gaming.

SEGG Media changed its CUSIP number to enhance market transparency and address naked short selling, while pursuing regulatory action with Paul Hastings LLP.

SEGG Media's efforts to combat illicit trading and focus on ethical gaming aim to create a more transparent and fair market environment for all.

Discover how SEGG Media is leveraging AI and digital assets to transform fan engagement in sports, entertainment, and gaming globally.

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SEGG Media Corporation Announces CUSIP Change to Enhance Shareholder Protections

SEGG Media Corporation (NASDAQ: SEGG, LTRYW), previously operating under the name Lottery.com, has announced a significant change to its CUSIP number. This strategic move is part of the company's broader rebranding initiative and is aimed at strengthening shareholder protections. The change is designed to enhance market transparency and address concerns related to naked short selling, which has been affecting the company's trading activities.

Now trading under the new ticker symbol SEGG, the company is collaborating with legal counsel from Paul Hastings LLP to explore regulatory actions. These efforts are in line with SEGG Media's ambitions to expand its global footprint in the sports, entertainment, and gaming sectors. The company is focused on delivering immersive fan experiences, promoting ethical gaming, and leveraging AI-driven live content to redefine audience engagement.

For further details on this development, interested parties can view the full press release here.

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