Trident Acquisitions (NASDAQ: TDAC, TDACU, TDACW), a special purpose acquisition company, has filed a supplement to its proxy statement with the Securities and Exchange Commission (“SEC”). The filing seeks approval of its stockholders for a three-month extension of the time needed to complete its business combination; if approved by Trident’s board of directors, the new deadline would be Dec. 1, 2021, adjusted from Sept. 1, 2021. The proxy supplement notes that, based on an amendment to the company’s trust agreement, Trident changed the vote required to amend the trust agreement for purposes of extending the deadline for the company to complete its previously announced business combination from a majority of the outstanding shares of common stock sold in the company’s IPO to a majority of the outstanding shares of common stock. The announcement noted that the company is requesting the extension to provide addition time for Trident to complete its proposed business combination with Texas-based Lottery.com. Lottery.com provides a platform for users to play state-sanctioned lottery games from their homes or on the go anywhere in the country as well as select lottery products internationally. The company is focused on advancing the lottery industry through its innovative strategy of providing official lottery games and enhanced regulatory capabilities; it is eying an untapped market share, including millennial players.
Lottery.com also provides its WinTogether.org platform, which gamifies charitable giving.
To view the full press release, visit https://nnw.fm/0loVL
About Trident Acquisitions Corp.
Trident is a blank-check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities. Trident’s securities are quoted on the NASDAQ stock exchange under the ticker symbols TDACU, TDAC and TDACW. For more information about this company, visit www.TridentAcquisitions.com.
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 888-902-4192 (U.S. Mobile Phones Only)
For more information please visit https://www.networknewswire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.networknewswire.com
212.418.1217 Office
[email protected]
NetworkNewsWire is part of the InvestorBrandNetwork
