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DraftKings | D: Filing D

SEC announcement ·  Jun 7 04:32
Summary by Futu AI
DraftKings Inc., a digital sports entertainment and gaming company, has filed a Form D Notice of Exempt Offering of Securities with the SEC, indicating a new notice for an equity offering related to its indirect acquisition of JackPocket Inc. The filing, dated June 6, 2024, reports that the total offering amount is $324,037,382 USD, with the same amount already sold, leaving no remaining securities to be sold. The offering is connected to a business combination transaction and is not intended to last more than one year, with the date of the first sale reported as May 22, 2024. DraftKings has claimed an exemption under Rule 506(b) and has not used any of the proceeds for payments to its executive officers, directors, or promoters. The filing includes the names and relationships of related persons, including executive officers and directors such as Jason Robins, Matthew Kalish, and others, all of whom have the same principal business address in Boston, Massachusetts. The company has indicated that the securities have been sold to a total of 161 investors.
DraftKings Inc., a digital sports entertainment and gaming company, has filed a Form D Notice of Exempt Offering of Securities with the SEC, indicating a new notice for an equity offering related to its indirect acquisition of JackPocket Inc. The filing, dated June 6, 2024, reports that the total offering amount is $324,037,382 USD, with the same amount already sold, leaving no remaining securities to be sold. The offering is connected to a business combination transaction and is not intended to last more than one year, with the date of the first sale reported as May 22, 2024. DraftKings has claimed an exemption under Rule 506(b) and has not used any of the proceeds for payments to its executive officers, directors, or promoters. The filing includes the names and relationships of related persons, including executive officers and directors such as Jason Robins, Matthew Kalish, and others, all of whom have the same principal business address in Boston, Massachusetts. The company has indicated that the securities have been sold to a total of 161 investors.
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