Trident Acquisitions announced that it received redemption requests for approximately 21,000 shares ahead of today’s vote on whether to merge with Lottery.com.
The SPAC said stockholders of 99.6% of Trident’s outstanding shares elected to retain their stock. As a result, Lottery.com expects to receive over $63 million in gross proceeds at the closing of the business combination.
Trident also said that based on the number of proxies received thus far, it expects all stockholder proposals to be approved today. Read more.
