• SEGG Media enters new phase with strengthened capital structure
• Plans accretive acquisitions and global brand expansion
• Owns Sports.com, Concerts.com, and Lottery.com
• Anticipates sustainable revenue growth
• Expects to complete target acquisitions in next two quarters
• To accelerate market penetration and revenue recognition
SEGG Media Corporation (NASDAQ: SEGG, LTRYW), a leading sports, entertainment, and gaming conglomerate, has announced a strategic 1-for-10 reverse stock split effective August 29, 2025 [1]. This move is part of the company's broader plan to enter a new phase of growth, marked by a strengthened capital structure and a strategic roadmap of accretive acquisitions and global brand expansion.
The reverse stock split aims to enhance institutional investor access, strengthen market structure, and mitigate potential market manipulation risks. It represents a proactive and growth-focused corporate action, rather than a compliance necessity. Each 10 shares will convert to 1 share, effectively increasing the per-share price by a factor of 10 while proportionally reducing the share count [1].
The decision aligns with SEGG Media's acquisition strategy, including targets such as Veloce Media Group and Nook Holdings. A stronger share structure can enhance the company's ability to use equity as acquisition currency or secure favorable financing terms. For existing shareholders, while their ownership percentage remains unchanged, the higher nominal share price may reduce certain trading frictions and potentially attract a more stable institutional investor base over time [1].
SEGG Media's recent tech development and acquisitions have positioned it to go to market with innovative platforms designed to gain market share in sports, entertainment, and gaming sectors. The company anticipates sustainable revenue growth and expects to complete a number of target acquisitions through the next two fiscal quarters, accelerating market penetration, active user base, and revenue recognition [2].
Supported by $450 million in committed financing from United Capital Investments London and Generating Alpha, SEGG Media is executing a bold pipeline of acquisitions and partnerships designed to expand its footprint across sports, live entertainment, iGaming, and digital media, all aimed at creating maximum shareholder value [2].
Matthew McGahan, Chairman and CEO of SEGG Media, stated, "From day one, our focus has been to rebuild this Company into a leading, scalable platform for long-term success. This reverse stock split is a deliberate, growth-focused move designed to attract institutional investors, strengthen market engagement, and accelerate our acquisition and revenue strategies. With the right team, brands, and assets, and now the right structural foundation, SEGG Media is positioned to execute at the highest level and deliver meaningful value for our shareholders."
References:
[1] https://www.stocktitan.net/news/SEGG/segg-media-announces-strategic-1-for-10-reverse-stock-split-to-iadfott4c6va.html
[2] https://uk.finance.yahoo.com/news/segg-media-burgeoning-era-growth-131300416.html
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