SEGG Receives Nasdaq Staff Determination Over Unfiled Q2 2026 Form 10-Q

Listing compliance: Staff Determination dated October 14, 2026 cites non-compliance with Nasdaq Listing Rule 5250(c)(1) due to the unfiled Q2 2026 Form 10-Q (quarter ended June 30, 2026).

Filing status: Form 10-K for FY2025 was filed July 10, 2026, and Form 10-Q for Q1 2026 was filed October 8, 2026; the Q2 2026 Form 10-Q is the only remaining delinquent filing.

Trading suspension risk: absent appeal, common stock and warrants would be suspended at the opening of business on October 23, 2026, and Nasdaq would file a Form 25-NSE to delist the securities.

Hearing: Company has requested a Hearings Panel review and paid the $20,000 hearing fee; the hearing request stays suspension for 15 days, and the Company has separately requested an extended stay.

Timing: Hearings are typically scheduled approximately 30 to 45 days after the request, and the Panel may grant an exception for up to 180 days from the Staff Determination date.

Filing plan: Company states it intends to file the Q2 2026 Form 10-Q as soon as practicable, subject to completion of its independent registered public accounting firm's review.

Prior precedent: Company notes a prior Hearings Panel process in 2023 (while operating as Lottery.com, Inc.), after which it regained compliance on September 8, 2023.