Deac draftkings stock today announced that DraftKings' co-founder and CEO, Jason Robins, will be speaking at the Deutsche Bank Media, Internet & Telecom Conference, 1 day ago · There's a lot for investors to unpack before getting involved with DraftKings, but when the dust clears, the stock could rebound. On April 23, 2020, DEAC consummated the transactions contemplated by the Business Combination Agreement (the “Business Similarly, all of DEAC’s outstanding warrants became warrants to acquire shares of New DraftKings Class A common stock on the same terms as DEAC’s warrants. 0001 per share, of New DraftKings (“ New DraftKings Class A common stock ”) in exchange Does anyone know when the relationship between DEAC and draftkings is supposed to come to fruition and the stock ticker is supposed to change? I had heard it hyped a few months ago and I bought some shares of DEAC which are doing alright, but I've heard nothing further in a while and there seems to be no commentary about it. Apr 23, 2020 · Beginning April 24, 2020, DraftKings’ shares of Class A common stock will trade on the Nasdaq Global Select Market under the ticker symbol “DKNG” and its warrants will trade on Nasdaq under the ticker symbol “DKNGW”. , a Delaware corporation (“DEAC”), held a special meeting of stockholders (the “Special Meeting”). So, as I understand it, DEACU is the SPAC and now that it's trading via it's IPO there are two other ways to invest too, DEAC (Share Class A) and DEACW, where DEAC is the DraftKings stock, DEACW is a "warrant to purchase one share of Class A common stock at an exercise price of $11. I just don’t see it being positive on the draftkings side of things, however DEAC has other companies in their portfolio. So I currently have stock in DEAC and am trying to decide whether to hold onto the stock or sell it now. Dec 23, 2019 · Additionally, DEAC and DK have raised a $380 million PIPE, with $76 million of that total in the form of a convertible note that converts to shares at closing. Sports betting and fantasy sports giant DraftKings has entered a business combination agreement with Diamond Eagle Acquisition Corp. (“DraftKings”), a digital sports entertainment and gaming company known for its industry-leading daily fantasy sports and mobile sports betting platforms, has enter ed into (2) As of April 27, 2020 based on 312,451,027 shares of Class A Common Stock of the Issuer that were outstanding following the consummation of the transactions contemplated by the Business Combination Agreement, including the merger of DEAC Merger Sub Inc. Dec 23, 2019 · DraftKings and SBTech to combine into a sports-betting and gaming giant via a ready-to-trade special-purpose acquisition vehicle Diamond Eagle in $3. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans In connection with the reincorporation, DEAC will replace its current amended and restated certificate of incorporation (the “Current Charter”) with the proposed amended and restated articles of incorporation (the “Proposed Charter”) of DEAC Nevada, to be renamed DraftKings Inc. Get the latest DraftKings Inc (DKNG) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. ) and remain Nasdaq-listed under a new ticker symbol. , a wholly-owned subsidiary of DEAC (“ DEAC Merger Sub ”) and the other Dec 23, 2019 · Diamond Eagle Acquisition Corp. Securities and Mar 20, 2018 · Real-time Price Updates for Diamond Eagle Acquisition Cl A (DEAC-Q), along with buy or sell indicators, analysis, charts, historical performance, news and more Dec 23, 2019 · Additionally, DEAC and DK have raised a $380 million PIPE, with $76 million of that total in the form of a convertible note that converts to shares at closing. , reincorporate in Nevada (by merging with its subsidiary, DEAC NV Merger Corp. 7% of DEAC stock, supported the previously announced deal. (DKNG) stock quote, history, news and other vital information to help you with your stock trading and investing. 50 per share DEACW The Nasdaq Stock Market LLC Under the BCA, DEAC has agreed to combine with DraftKings and SBT for approximately $2. 3 billion transaction. When announced last November, the deal was valued at $3. “private placement warrants” refers to the 3,333,332 warrants initially Under the BCA, DEAC has agreed to combine with DraftKings and SBT for approximately $2. Anticipating the draftkings IPO I bought some shares of DEAC. The company provides users with daily sports, sports betting, and iGaming opportunities. Kings became a public company in Apri 2020, as a result of a three-way busine brought about between Diamond Eagle Acquisiti ett g and casino-gaming platform software ng product downloads, and direct-to-consumer digital platforms. Similarly, all of DEAC’s outstanding warrants became warrants to acquire shares of New DraftKings Class A common stock on the same terms as DEAC’s warrants. Dec 31, 2020 · As of February 24, 2021, there were 397,700,032 shares of the registrant’s Class A common stock, par value $0. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on DRAFTKINGS INC Stock Price History Chart There are several ways to analyze DRAFTKINGS Stock price data. (DKNG) stock, including real-time price, chart, key statistics, news, and more. This STOCKHOLDERS AGREEMENT (this “ Agreement ”), dated as of April 23, 2020, is entered into by and among DraftKings Inc. Initial commentary suggests a huge opportunity - and a big valuation. Get Draftkings Inc (DKNG:NASDAQ) real-time stock quotes, news, price and financial information from CNBC. 9x 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. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis. New way to be public. 333-230815) as part of the units in DEAC’s initial public offering (the “public shares”), all of which will automatically convert into shares of New DraftKings Class A common stock in Diamond Eagle Acquisition (DEACU) stock price, charts, trades & the US's most popular discussion forums. and DraftKings Announce DraftKings’ CEO Jason Robins to Speak at the Deutsche Bank Media, Internet & Telecom Conference 4 Bruce DeFranco Sales Manager Jim Curley Apr 24, 2020 · Beginning April 24, 2020, DraftKings’ shares of Class A common stock will trade on the Nasdaq Global Select Market under the ticker symbol “DKNG” and its warrants will trade on Nasdaq under Mar 19, 2020 · DraftKings Inc. May 24, 2022 · DRAFTKINGS HOLDINGS technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns. ’s As many of you know, Draftkings went public Friday through a reverse merger with DEAC. . The simplest method is using a basic DRAFTKINGS candlestick price chart, which shows DRAFTKINGS INC price history and the buying and selling dynamics of a specified period. , a subsidiary of DEAC and the going-forward public company to be renamed DraftKings Inc. , 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 international provider of cutting-edge sports gaming technologies, and Diamond Eagle Acquisition As of April 23, 2020, Diamond Eagle Acquisition Corp. MSN The DRAFTKINGS INC stock analysis report makes it easy to digest most publicly released information about DRAFTKINGS INC and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans Jan 16, 2023 · The subsequently filed securities lawsuit complaint claimed that DraftKings’ share price declined over 4% on the news. 0001 per share (“New Particularly footnote # (2) "40,000,000 shares of DEAC Class A common stock that were sold pursuant to DEAC’s Registration Statement on Form S-1 (File No. , 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 international provider of cutting-edge sports gaming technologies, and Diamond Eagle Acquisition downl 3. Assignment and Assumption Agreement, dated April 23, 2020, by and among DraftKings Inc. (“ DK ”), SBTech (Global) Limited (“ SBT ”), DEAC Merger Sub Inc. , DEAC Merger Sub Inc. 50 per whole share. at closing (“New In connection with the proposed business combination between DraftKings, Diamond Eagle Acquisition Corp. 0001 per share, of DEAC (“ DEAC Class A common stock ”) will receive, on a one-for-one basis, shares of Class A common stock, par value $0. “dollars” or “$” refers to U. (“DEAC”), a special purpose acquisition company. I'm going to hold it either way but I was curious if anyone has any experience in mergers like this? Any input In connection with the closing of the Business Combination, the issued and outstanding shares of DEAC’s Class A common stock, par value $0. , DEAC NV Merger Corp. Otherwise Under the BCA, DEAC agreed to combine with DraftKings and SBTech for approximately $2,700,000, of which (a) approximately $2,055,000 was paid to (i) the current equity holders of DraftKings and (ii) holders of vested options and warrants exercisable for DraftKings equity in the form of newly issued options and warrants of New DraftKings exercisable for New DraftKings Class A common stock and DRAFTKINGS HOLDINGS Valuation. 055 billion will be paid to (i) the current equityholders of DraftKings An entity identified by the symbol DEAC with the name DraftKings was withdrawn from its exchange 24 PROPOSED TRANSACTION SUMMARY Diamond Eagle Acquis t on Corp. 0001 per share, and 393,013,951 shares of the registrant’s Class B common stock, par value $0. Our stock alerts and notifications screener for DRAFTKINGS INC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions. The newly combined company began trading on the Nasdaq on Friday under the symbol DKNG, with an expected market cap of more than $3 billion. At the Effective Time, by virtue of the Merger and without any action on the part of any holder of ordinary shares of DEAC, each share of Class A common stock, par value US$0. intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. In order to hold $400 million cash as required by the terms of the deal, DEAC sold stock which was originally priced at $10 per share. 0001, and each share of Class B common stock, par value US$0. Reply reply More replies KK198 • Most of DRAFTKINGS HOLDINGS's fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. , a Delaware corporation (“Old DK”) and SBTech (Global) Limited, a company limited by shares, incorporated in Gibraltar and continued as a company under the Isle of Man DRAFTKINGS INC Shares Owned by Institutions is currently at 84. ), a Delaware corporation (“DK DE”), by way of a merger; Apr 24, 2020 · The new DraftKings Inc. I was told they would be offering a 1:1 stock exchange but i'm just not sure if there's going to be a new price with their new DK symbol or if it will just continue where DEAC is. 00 per share and an aggregate of 3,000,000 warrants. On April 23, 2020, DEAC consummated transactions contemplated by a Business Combination Agreement (the “Business Combination”) dated December 22, 2019, as amended on Dec 23, 2019 · Additionally, DEAC and DK have raised a $380 million PIPE, with $76 million of that total in the form of a convertible note that converts to shares at closing. 055 billion will be paid to (i) the current equityholders of DraftKings DraftKings Inc. 53) hasn’t changed it’s ticker symbol while DKNG ($19. at closing (“New Aug 5, 2021 · DraftKings was incorporated in Nevada as DEAC NV Merger Corp. , a wholly owned subsidiary of its legal predecessor, DEAC, a special purpose acquisition company. -based Sports Betting and Online Gaming Company Apr 24, 2020 · Diamond Eagle Acquisition Corp. - FORM 8-K - April 23, 2020On April 23, 2020, Diamond Eagle Acquisition Corp. Apr 29, 2020 · In connection with the Closing, the Company entered into an assignment and assumption agreement (the "Warrant Assignment Agreement") with DEAC, Continental Stock Transfer & Trust Company ("Continental"), Computershare Trust Company, N. S. At the Special Meeting, a total of 33,484,695 (66. 4 of the Company’s Current Report on Form 8-K, filed with the SEC on April 29, 2020). Enterprise value overview as well as DRAFTKINGS HOLDINGS INC(DEAC) SEC filings, reports, and corporate actions EXPLANATORY NOTE On April 23, 2020, Diamond Eagle Acquisition Corp. Id. 055 billion will be paid to (i) the current equityholders of DraftKings The number of shares of New DraftKings Class A common stock being registered includes 4,440,592 additional shares of DEAC Class A common stock that will be issued to holders of convertible notes of DraftKings immediately prior to the reincorporation, all of which will convert into shares of New DraftKings Class A common stock in connection with Under the BCA, DEAC has agreed to combine with DraftKings and SBT for approximately $2. 35) is available separately? I thought DEAC was going to change to DKNG? The Nasdaq Stock Market LLC Class A common stock, par value $0. 0001 per share, of DEAC Nevada Under the BCA, DEAC has agreed to combine with DraftKings and SBT for approximately $2. ” In connection with the closing of the transaction, Diamond Eagle intends to change its name to DraftKings Inc. 055 billion will be paid to (i) the current equityholders of DraftKings Under the terms of the Agreement and Plan of Merger by and among the DEAC and the Company (the “Plan of Merger”), (i) each share of the DEAC’s currently issued and outstanding Class A common stock, par value $0. To approve 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. 055 billion will be paid to (i) the current equityholders of DraftKings 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. It operates through two segments, Business-to-Consumer and Business-to-Business. I also noticed there's a DEACU. 0001 per share (“DraftKings Class A common stock”). Mar 6, 2020 · Important Information About the Business Combination and Where to Find It In connection with the proposed business combination, DEAC NV Merger Corp. operates as a digital sports entertainment and gaming company in the United States. Otherwise, we Beginning April 24, 2020, DraftKings’ shares of Class A common stock will trade on the Nasdaq Global Select Market under the ticker symbol “DKNG” and its warrants will trade on Nasdaq under the ticker symbol “DKNGW”. 10bn shares of stock. It is also involved in the design, development, and licensing of sports betting and casino gaming platform software for online Nov 13, 2025 · The most prominent factor contributing to DraftKings’ recent stock slide is the extreme variance in sports outcomes during third-quarter and early fourth-quarter 2025. 1 of DEAC NV Merger Corp. Business Combination Agreement, dated as of December 22, 2019, by and among Diamond Eagle Acquisition Corp. The company was founded in 2019 and is based in Los Angeles, California. On April 23, 2020, DEAC consummated transactions contemplated by a Business Combination Agreement (the “Business Combination”) dated December 22, 2019, as amended on Get the latest news and real-time alerts from Diamond Eagle Acquisition Corp. 055 billion will be paid to (i) the current equityholders of DraftKings Dec 23, 2019 · DraftKings to Become Public Company, Creating the Only Vertically-Integrated U. Since we don't have real financials on it (except knowing that they are not making money yet) it might be hype and overvalued at DEAC's original price or it might be massively undervalued. DRAFTKINGS Stock analysis module also helps to analyze the DRAFTKINGS INC price relationship with some important fundamental indicators such as market WHEREAS, DEAC has entered into a Business Combination Agreement, dated as of December 22, 2019, as amended by Amendment No. (DEAC) has given the go-ahead for the acquisitions of DraftKings and SBTech, leading to a new giant in the gambling industry. 3 billion. Revolutionized Gambling stock available (DEAC) : r/stocks r/stocks • by anteater22 DEAC DEACW The Nasdaq Stock Market LLC The Nasdaq Stock Market LLC Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Join 10 million+ investors and traders tracking markets in real-time on Stocktwits. at closing (“New DraftKings”), intends to file a registration “DEAC Stockholders” refers to, collectively, holders of shares of DEAC Class A common stock and holders of shares of DEAC Class B common stock, but does not include the PIPE Investors or the holders of the Convertible Notes. , a Nevada corporation (the “Company” or “DraftKings”), was incorporated in Nevada as DEAC NV Merger Corp. All references in this prospectus to “Class A common stock” refer to shares of DraftKings Class A common stock, which were issued at the closing of the Business Combination in exchange for all issued and outstanding shares of DEAC Class A common stock. The $304 million portion will be 30,471,352 shares of Class A common stock for $10. The merger is effectively a reverse acquisition by DEAC, a Nasdaq-listed company founded by media executive Jeff Sagansky and founding investor Harry Sloan […] Dec 23, 2019 · Additionally, DEAC and DK have raised a $380 million PIPE, with $76 million of that total in the form of a convertible note that converts to shares at closing. 055 billion will be paid to (i) the current equityholders of DraftKings Dec 28, 2019 · DraftKings Files For 2020 IPO: Is This the Sports Betting Stock We've Been Waiting For? By Rich Duprey – Dec 28, 2019 at 11:44AM NASDAQ: DEAC Diamond Eagle Acquisition Corp. Diamond Eagle Acquisition Corp. This regulatory milestone offers The Business Combination Proposal. The value of those shares rose to ~$17 by market close yesterday driven by people wanting to invest in Under the BCA, DEAC has agreed to combine with DraftKings and SBT for approximately $2. Stock performance charts for DRAFTKINGS HOLDINGS INC WHEREAS, effective upon the Business Combination, holders of the shares of Class A common stock, par value $0. Apr 23, 2020 · The acquisition of DraftKings and SBTech received shareholder approval Wednesday, and DraftKings will begin public trading Friday morning. Apr 24, 2020 · Diamond Eagle Acquisition, the fifth blank check company formed by entertainment veteran Jeff Sagansky, completed its previously-announced acquisition of DraftKings. 5 hours ago · Missouri launched legal sports betting statewide on December 1, granting DraftKings an untethered mobile license in a landscape expected to see strong competition. 055 billion will be paid to (i) the current equityholders of DraftKings The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. 4 days ago · A detailed overview of DraftKings Inc. ” Id. Many investors like investing in companies with a large percentage of the firm owned by institutions The starting price on DEAC just reflected DEAC, not Draftkings. Similarly, all of DEAC’s outstanding warrants will become warrants to acquire shares of New DraftKings Class A common stock on the same terms as DEAC’s currently outstanding warrants. Get the latest DRAFTKINGS INC detailed stock quotes, stock trade data, stock price info, and performance analysis, including DRAFTKINGS Stock investment advice, charts, stats and more. ¶ 16. Securities and New DraftKings will have 2,100,000,000 shares of authorized capital stock, which will consist of (i) 900,000,000 shares of Class A common stock of New DraftKings, par value $0. Similarly, all of DEAC’s outstanding warrants DraftKings S/4 Filed April 14th, Special meeting Sunday for merger vote. , a Nevada corporation (the “ Company ”), DK Stockholder Group, DEAC Stockholder Group, SBT Stockholder Group and each other Person who after the date hereof acquires Common Stock of the Company and becomes party to this Agreement by executing a Joinder Agreement 3. DraftKings’s common stock trades on the NASDAQ under the ticker symbol “DKNG. Find the latest DraftKings Inc. DEAC DEAC merged with and into Old DraftKings, whereby Old DraftKings survived the merger and became the successor issuer to DEAC; Old DraftKings changed its name to “DraftKings Inc. 00 per share. Most of DRAFTKINGS HOLDINGS's fundamental indicators, such as Book Value Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. 0001 per share, outstanding. This will consist of 900m Class A shares, worth one vote, 900m class B shares, worth 10 votes, and 300m preferred shares. (Nasdaq: DEAC) and DraftKings Inc. DRAFTKINGS HOLDINGS performance is based on evaluating its risk-adjusted returns. , a Delaware corporation (“DraftKings”), SBTech (Global) Limited, a company limited by shares, originally incorporated in Gibraltar and continued as a Important Information About the Business Combination and Where to Find It In connection with the proposed business combination, DEAC NV Merger Corp. , DraftKings Inc. is a publicly listed special purpose acquis t on vehicle with over $40 mil ion in cash DEAC has agre d to combine with DraftKings and SBTech — Values the combined DK and SBT busines at $2. ett g and casino-gaming platform software ng product downloads, and direct-to-consumer digital platforms. (together, "Computershare"), pursuant to which (i) DEAC assigned to the Company all of its rights, interest and obligations under the Inves tor s and security holders of DEAC are urged to read the proxy statement/prospectus, any amendments thereto and other relevant documents that are filed with the SEC carefully and in their entirety because they contain important information about DraftKings, SBT, DEAC and the proposed business combination. 0001, issued and outstanding in DEAC shall be cancelled and will be automatically converted into one share of Jan 6, 2020 · In connection with the proposed business combination, DEAC NV Merger Corp. and Computershare Inc. (DEAC) announced this morning that they have entered into a Business Combination Agremeent with DraftKings Written by Kristi Marvin. 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. (formerly DraftKings Inc. Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by DRAFTKINGS INC that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. 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). In July 2021, a plaintiff shareholder commenced a securities class action against DraftKings; certain former executives of DEAC; certain executives of DraftKings; and former executive of SBTech. , a wholly-owned subsidiary of the Issuer, and Old DraftKings. Sep 30, 2021 · DraftKings Inc. 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. Into and out of the merger, this looks like a stock more for Not sure why DEAC ($17. , 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 international provider of cutting-edge sports gaming technologies, and Diamond Eagle Acquisition Dec 24, 2019 · DraftKings is going public via a merger with SPAC Diamond Eagle. A. (DEAC) and sports betting and iGaming platform supplier SBTech, reincorporating as a public company. , DEAC, Continental Stock Transfer & Trust Company, Computershare Trust Company, N. at closing (“New DraftKings” or “New DK”), has filed a registration statement on Form S-4 (the "Registration Statement") with the U. DEAC’s publicly traded units (Nasdaq: DEACU) separated into their components of publicly traded DEAC Class A common stock (Nasdaq: DEAC) and DEAC public warrants (Nasdaq: DEACW), and each outstanding share of DEAC Class A common stock was exchanged, on a one-for-one basis, for shares of our Class A common stock and all of DEAC’s outstanding Apr 24, 2020 · The NASDAQ market now features DraftKings stock for sale as the Boston-based company's transactions went final and the offerings are now live. following the reincorporation (“New DraftKings DraftKings Inc. The advice is provided from DRAFTKINGS INC's buy-and-hold perspective. comment sorted by Best Top New Controversial Q&A Add a Comment News AlertsThursday, April 23, 2020 Equity Corporate Actions Alert #2020 - 75 Information Regarding the Business Combination of Diamond Eagle Acquisition Corp. , our predecessor company (“DEAC”), consummated the previously announced business combination (the “Business Combination”) with DraftKings Inc. 0001 per share (“DEAC Class A Common Stock”), will be cancelled and automatically converted into one share of Class A common stock, par value $0. DraftKings Inc. (“DEAC”) and SBTech (Global) Limited (“SBTech”), DEAC NV Merger Corp. , a wholly owned subsidiary of our legal predecessor, Diamond Eagle Acquisition Corp. Check out Investing Opportunities. Free forex prices, toplists, indices and lots more. (DEAC/W/U) and DraftKings Inc. Can someone explain the difference? Also, is there an IPO date for draftkings yet? Share Add a Comment Sort by: Best Open comment sort options Best Top New Controversial Old Q&A draw2discard2 • The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. 80%. 97%) of DEAC’s issued and outstanding shares of common stock held of record as of March 20, 2020, the record date for the Special Meeting, were 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). (DEAC) stock at Seeking Alpha. " Under the BCA, DEAC has agreed to combine with DraftKings and SBT for approximately $2. will have 2. Draftkings and SBTech are all about sports betting which hasn’t happened this year and they likely had to refund for bets placed for future events. (incorporated by reference to Exhibit 4. Get the latest DRAFTKINGS HOLDINGS detailed stock quotes, stock trade data, stock price info, and performance analysis, including DRAFTKINGS Stock investment advice, charts, stats and more. , SBTech (Global) Limited, the shareholders of SBTech (Global) Limited and the SBT Sellers’ Representative (incorporated by reference to Exhibit 2. Jan 12, 2023 · Recently, DraftKings stock has been trading in the $10-15 range, similar to the price of DEAC just before the deal closed. This structure created “the only vertically integrated pure-play sports betting and online gaming company based in the United States”. Get real-time DraftKings Inc (DKNG) stock price, news, financials, community insights, and trading ideas. We conduct extensive research on individual companies such as DRAFTKINGS and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards DRAFTKINGS INC. If the real value is higher than the market price, DRAFTKINGS HOLDINGS INC is considered to be undervalued, and we provide a buy recommendation. ”; Old DraftKings acquired DK Crown Holdings Inc. 7 bil ion (based on bo k value of DEAC) — Represents an at ractive ntry multiple of 3. During the meeting held on Wednesday, April 23, the majority of shareholders – in charge of 99. Diamond Eagle’s common stock is currently traded on Nasdaq under the symbol “DEAC. Jan 6, 2020 · In connection with the proposed business combination, DEAC NV Merger Corp. 0001 per share (“New DraftKings Class A common stock”), (ii) 900,000,000 shares of Class B common stock of New DraftKings, par value $0. 0001 per share DEAC The Nasdaq Stock Market LLC Redeemable warrants, each whole warrant exercisable for one share of Class A common stock, each at an exercise price of $11. DraftKings was incorporated in Nevada as DEAC NV Merger Corp. 055 billion will be paid to (i) the current equityholders of DraftKings DRAFTKINGS HOLDINGS Stock Price History Chart There are several ways to analyze DRAFTKINGS Stock price data. Yes o No x Jun 19, 2025 · The deal involved three parties: DraftKings, DEAC, and SBTech, an international sports betting technology provider. dollars. The Hindenburg report surely didn’t help the company’s value, but there are likely other factors that have contributed to its decline as well. DEAC’s publicly traded units (Nasdaq: DEACU) separated into their components of publicly traded DEAC Class A common stock (Nasdaq: DEAC) and DEAC public warrants (Nasdaq: DEACW), and each outstanding share of DEAC Class A common stock was exchanged, on a one-for-one basis, for shares of Old DraftKings’ Class A common stock and all of DEAC If you buy DEAC today, the stock will change the tricker and name of the company to Draftkings. 055 billion will be paid to (i) the current equityholders of DraftKings “Private Placement” refers to the issuance of an aggregate of 30,471,352 shares of DEAC Class A common stock and the PIPE Warrants pursuant to the Subscription Agreements to the PIPE Investors immediately before the Closing, at a purchase price of $10. 2 days ago · There's a lot for investors to unpack before getting involved with DraftKings, but when the dust clears, the stock could rebound. The simplest method is using a basic DRAFTKINGS candlestick price chart, which shows DRAFTKINGS HOLDINGS price history and the buying and selling dynamics of a specified period. Equity Corporate Actions Alert #2020 - 75 Information Regarding the Business Combination of Diamond Eagle Acquisition Corp. Under the BCA, DEAC has agreed to combine with DraftKings and SBT for approximately $2. 1, dated as of April 7, 2020 (as amended, the “ Business Combination Agreement ”), with New DraftKings, DraftKings Inc. Apr 24, 2020 · Beginning April 24, 2020, DraftKings’ shares of Class A common stock will trade on the Nasdaq Global Select Market under the ticker symbol “DKNG” and its warrants will trade on Nasdaq under the ticker symbol “DKNGW”. 055 billion will be paid to (i) the current equityholders of DraftKings Under the BCA, DEAC has agreed to combine with DraftKings and SBT for approximately $2. Kings became a public company in Apri 2020, as a result of a three-way busine brought about between Diamond Eagle Acquisiti An entity identified by the symbol DEAC with the name DRAFTKINGS-HOLDINGS-INC was withdrawn from its exchange Dec 23, 2019 · DraftKings distributes its product offerings through various channels, including traditional websites, direct app downloads, and direct-to-consumer digital platforms. , a subsidiary of Diamond Eagle and the going-forward public company to be renamed DraftKings Inc. , a wholly owned subsidiary of its legal predecessor, DEAC, a special purpose acquisition company, or SPAC. was acquired by DraftKings & SBTech, in a reverse merger transaction.