SEGG Media Announces Strategic 1-for-10 Reverse Stock Split to Accelerate Company Growth

FORT WORTH, Texas, Aug. 27, 2025 (GLOBE NEWSWIRE) -- SEGG Media Corporation (NASDAQ: SEGG, LTRYW) (“SEGG Media” or the “Company”), a leading sports, entertainment and gaming conglomerate that owns Sports.com, Concerts.com, and Lottery.com, today announced that its Board of Directors has approved a 1-for-10 reverse stock split of its issued and outstanding common stock. The reverse split is expected to take effect at the opening of trading on August 29, 2025, subject to final coordination with NASDAQ, FINRA, and the Company’s transfer agent. The Company has obtained a new CUSIP number in connection with this action.