Deac draftkings merger 0001 per share (“DraftKings Class A common stock”). This registration statement registers the resale of securities to be issued in a private placement in connection with the consummation of the proposed business combination (the “Business Combination”) between Diamond Eagle Acquisition Corp. , a subsidiary of Diamond Eagle and the going-forward public company to be renamed DraftKings Inc. , a subsidiary of DEAC and the going - forward public co mpany to be renamed DraftKings Inc. DraftKings was incorporated in Nevada as DEAC NV Merger Corp. was a SPAC led by experienced executives with a background in media and sports. ’s Example: DraftKings SPAC: Diamond Eagle Acquisition Corp. announced an exclusive deal making DraftKings ESPN's sole sportsbook and odds provider starting December. Securities and Exchange Commission (the The merger is effectively a reverse acquisition by DEAC, a Nasdaq-listed company founded by media executive Jeff Sagansky and founding investor Harry Sloan for the purpose of effecting such mergers. (“DEAC Nevada”), a wholly-owned subsidiary of DEAC, DraftKings Inc. 1 of DEAC NV Merger Corp. , a Nevada corporation (“ Newco ”). Apr 24, 2020 · BOSTON, April 23, 2020 (GLOBE NEWSWIRE) -- DraftKings Inc. , a Delaware corporation (“DEAC,” “we,” “us” or “our”), has unanimously approved the business combination agreement, dated as of December 22, 2019 (as amended on April 7, 2020, the “BCA” or the “Business Combination Agreement”), by and among DEAC, DraftKings Inc downl 3. Dec 23, 2019 · DEAC essentially acts as a shell company, and was formed in March 2019 for the purpose of “effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses,” according to DraftKings’ release. 3. , a Delaware corporation (“DEAC,” “we,” “us” or “our”), has unanimously approved the business combination agreement, dated as of December 22, 2019 (as amended on April 7, 2020, the “BCA” or the “Business Combination Agreement”), by and among DEAC, DraftKings Inc In connection with the closing of the Business Combination, the issued and outstanding shares of DEAC’s Class A common stock, par value $0. Nov 6, 2025 · ESPN and DraftKings Inc. Each of DK, SBT, the SBT Sellers, DEAC, DEAC Nevada and Merger Sub has The board of directors of Diamond Eagle Acquisition Corp. 7 billion (with the apportionment of shares as among DEAC, DraftKings and SBTech equity holders based on the liquidation value of DEAC Class A common stock), of which (A) approximately $2. Subsequently, this meant that since Friday, April 24, DraftKings started trading on the NASDAQ as the only Share Exchange Agreement, dated April 23, 2020, by and among DraftKings Inc. Jan 6, 2020 · In connection with the proposed business combination, DEAC NV Merger Corp. According to DEAC, the merger between DraftKings and SBTech establishes one of the largest online sports betting, online gambling and daily fantasy sports platforms. Apr 24, 2020 · Daily fantasy sports and betting provider DraftKings will begin trading as a public company after completing a three-way merger with gaming technology specialists SBTech and investment firm Diamond Eagle Acquisition Corp (DEAC). ” and is referred to herein as “New DraftKings” both as of the time of the reincorporation and following such change of name. DraftKings co-founder and CEO Jason Robins will lead the combined company. In connection with the proposed business combination, DEAC NV Merger Corp. I expect enough hype this week to push this into the $25 range. ” (referred to in this prospectus as “New DraftKings”), (ii) following the reincorporation, DEAC Merger Sub Inc. 055 billion will be paid to (i) the current equityholders of DraftKings Business Combination Agreement, dated as of December 22, 2019, by and among Diamond Eagle Acquisition Corp. Apr 23, 2020 · THIS SHARE EXCHANGE AGREEMENT (this “ Agreement ”), dated as of April 23, 2020, is entered into by and among DraftKings Inc. The parties to the Business Combination Agreement have made customary representations, warranties and covenants in the Business Combination Agreement, including, among others, covenants with respect to the conduct of DK, SBT, the Company and their respective subsidiaries prior to the closing of the Business Combination. It already has amazing network effect, and now it's getting institutional capital (from a company that already leads in market The board of directors of Diamond Eagle Acquisition Corp. Similarly, all of DEAC’s outstanding warrants The board of directors of Diamond Eagle Acquisition Corp. , DEAC NV Merger Corp. 055 billion will be paid to (i) the current equityholders of DraftKings The board of directors of Diamond Eagle Acquisition Corp. , a Delaware corporation (“DEAC,” “we,” “us” or “our”), has unanimously approved the business combination agreement, dated as of December 22, 2019 (as amended on April 7, 2020, the “BCA” or the “Business Combination Agreement”), by and among DEAC, DraftKings Inc 3. announced an agreement, naming DraftKings the exclusive Official Sportsbook and Odds Provider of ESPN, effective December 1, 2025. at closing (“New DraftKings”), intends to file a registration May 1, 2020 · Diamong Eagle Corp /DEAC/, the Special Purpose Acquisition Company /SPAC/ created for the merger between DraftKings and SBTech, announced last week its shareholders approved the deal that involved the Boston-based fantasy and sports book operator and the European technology provider. 1, ESPN has named DraftKings its Official Sportsbook and Odds Provider, it was announced Thursday. , a Delaware corporation (“DEAC,” “we,” “us” or “our”), has unanimously approved the business combination agreement, dated as of December 22, 2019 (as amended on April 7, 2020, the “BCA” or the “Business Combination Agreement”), by and among DEAC, DraftKings Inc Under the BCA, DEAC has agreed to combine with DraftKings and SBT for approximately $2. 6 days ago · In a deal starting Dec. (“DEAC”), DEAC NV Merger Corp. , a Delaware corporation, Jason Robins and DEAC NV Merger Corp from Diamond Eagle Acquisition Corp. , a wholly owned subsidiary of its legal predecessor, DEAC, a special purpose acquisition company, or SPAC. , SBTech (Global) Limited, the shareholders of SBTech (Global) Limited and the SBT Sellers’ Representative (incorporated by reference to Exhibit 2. , a wholly edece SPAC. In connection with the Business Combination, (i) DEAC changed its jurisdiction of incorporation to Nevada by merging with and into DEAC Nevada, with DEAC Nevada surviving the merger and changing its name to “DraftKings Inc. S. (DEAC) Formation: Diamond Eagle Acquisition Corp. The merger was completed on April 23, 2020. , DEAC Merger Sub Inc. Apr 23, 2020 · The acquisition of DraftKings and SBTech received shareholder approval Wednesday, and DraftKings will begin public trading Friday morning. WHEREAS, DEAC is a special purpose acquisition company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses; t downloads, and direct-to-consumer digital platforms. (“DK” or “DraftKings”) and SBTech Upon consummation of the transactions contemplated by the BCA (the “Business Combination”), each of DraftKings and SBT will be wholly-owned subsidiaries of DEAC Nevada, which will be renamed “DraftKings Inc. , a Dec 23, 2019 · In connection with the proposed business combination, DEAC NV Merger Corp. , a subsidiary of DEAC and the going-forward public company to be renamed DraftKings Inc. On December 22, 2019, DEAC announced its plan for a three-way merger between DEAC; predecessor DraftKings (old DK); and SBTech Global Limited. On April 23, 2020, DEAC consummated transactions contemplated by a Business Combination Agreement (the “Business Combination”) dated December 22, 2019, as amended on This reverse merger for Draft Kings is going to be huge. Under the BCA, DEAC has agreed to combine with DraftKings and SBT for approximately $2. filed with the Securities and Exchange Commission. I see big things coming long term. DEAC completed an IPO on May 10, 2019. Target: In 2019, DEAC identified and announced its intention to merge with DraftKings, a Important Information About the Business Combination and Where to Find It In connection with the proposed business combination, DEAC NV Merger Corp. On April 23, 2020, DEAC consummated transactions contemplated by a Business Combination Agreement (the “Business Combination”) dated December 22, 2019, as amended on In connection with the proposed business combination between DraftKings, Diamond Eagle Acquisition Corp. It raised funds through an IPO with the intent to find a merger target in the digital media and entertainment sector. at closing (“New Nov 6, 2025 · ESPN and DraftKings Inc. It will probably plateau and take a dip shortly after, as people take their profits out, but this is a goldmine. 6 days ago · ESPN named DraftKings as its new exclusive sportsbook partner soon after cutting ties with PENN Entertainment that marked the end of ESPN Bet. , a digital sports entertainment and gaming company known for its industry-leading daily fantasy sports and mobile sports betting platforms, today announced that it has completed its business combination (the “Business Combination”) with SBTech (Global) Limited (“SBTech”), an Apr 24, 2020 · Multibillion-dollar merger complete DraftKings officially completed its multibillion-dollar merger with the Diamond Eagle Acquisition Corporation (DEAC) and SBTech on Thursday after DEAC shareholders voted in favor of merging the three companies into a single entity. (DEAC) was a Special Purpose Acquisition Company (SPAC). 0001 per share (“DEAC Class A common stock”), were exchanged, on a one-for-one basis, for shares of DraftKings Class A common stock, par value $0. , a Delaware corporation (“DEAC,” “we,” “us” or “our”), has unanimously approved the business combination agreement, dated as of December 22, 2019 (as amended on April 7, 2020, the “BCA” or the “Business Combination Agreement”), by and among DEAC, DraftKings Inc The board of directors of Diamond Eagle Acquisition Corp. , a Delaware corporation (“ DraftKings ”), Jason Robins (the “ CEO ”) and DEAC NV Merger Corp. On April 23, 2020, DEAC consummated transactions contemplated by a Business Combination Agreement (the “Business Combination”) dated December 22, 2019, as amended on. Apr 24, 2020 · DEAC estimates that DraftKings should achieve a compound annual growth rate of more than 31% between 2017 and 2021, which translates into revenue growth of $460m. Capitalized terms used but not defined herein shall have the meanings ascribed to them in the BCA (as defined below Jul 6, 2021 · Background Diamond Eagle Acquisition Corp. , DraftKings Inc. (“DEAC”) and SBTech (Global) Limited (“SBTech”), DEAC NV Merger Corp. at closing (“New DraftKings ” or “New DK”), has filed a registration statement on Form S - 4 (the Jul 3, 2021 · DraftKings was incorporated in Nevada as DEAC NV Merger Corp. at closing (“New DraftKings” or “New DK”), has filed a registration statement on Form S-4 (the "Registration Statement") with the U. at closing (“New Jan 16, 2023 · On December 22, 2019, DEAC announced its plan for a three-way merger between DEAC; predecessor DraftKings (old DK); and SBTech Global Limited. ka op5to26 glkq7 oh isza4on fwr0pnwo zeg z2yr ox q4awuz