diamond eagle acquisition corp draftkings

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Important factors, among others, that may affect actual results or outcomes include the inability to complete the business combination (including due to the failure to receive required shareholder approvals, failure to receive approvals or other determinations from certain gaming regulatory authorities, or the failure of other closing conditions); the inability to recognize the anticipated benefits of the proposed business combination; the inability to obtain or maintain the listing of the New DraftKings’ shares on Nasdaq following the business combination; costs related to the business combination; the risk that the business combination disrupts current plans and operations as a result of the announcement and consummation of the business combination; New DraftKings’ ability to manage growth; New DraftKings’ ability to execute its business plan and meet its projections; potential litigation involving Diamond Eagle, DraftKings, SBTech, or after the closing, New DraftKings; changes in applicable laws or regulations, particularly with respect to gaming, and general economic and market conditions impacting demand for DraftKings or SBTech products and services, and in particular economic and market conditions in the media/entertainment/gaming/software industry in the markets in which DraftKings and SBTech operate; and other risks and uncertainties indicated from time to time in the proxy statement/prospectus relating to the business combination, including those under “Risk Factors” therein, and in Diamond Eagle’s other filings with the SEC. “I look forward to building significantly upon our goals of continuing our state-by-state rollout and creating the most entertaining and engaging customer experiences for sports fans globally.”. Completion of the proposed business combination is expected in the first half of 2020. The author reveals the story of the rise of daily fantasy sports and the brilliant entrepreneurs disrupting the way fans consume sports. Found insideHave they always existed or are they something new, a feature of our modern world? In this book Michael Butter provides a clear and comprehensive introduction to the nature and development of conspiracy theories. The transaction is expected to close in the first half of 2020. Sports betting giant DraftKings has been cleared to become a public company following approval of a merger with SBTech and Diamond Eagle Acquisition, the public acquisition … Additional Information about the Business Combination and Where to Find It. Sports betting giant DraftKings will go public as part of a $3.3 billion, three-way merger with SBTech and Diamond Eagle Acquisition Corp., a … Jason Robins happy DraftKings used a special-purpose acquisition company rather than an IPO. Diamond Eagle Acquisition Corp. (DEAC), which originally intended to hold their shareholder vote tomorrow to complete their combination with DraftKings and SBTech, amended their Business Combination Agreement yesterday. Additional information regarding the interests of such participants will be set forth in the Registration Statement for the proposed business combination when available. You may select counsel of your choice. Found insideThe sexual odyssey of a hopeless romantic from the author of the legendary bestseller The Ginger Man—“a comic writer rivaling Waugh and Wodehouse” (Life). These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside Diamond Eagle’s, DraftKings’ or SBTech’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. DraftKings Inc. f/k/a Diamond Eagle Acquisition Corp. Loss Submission Form. INVESTOR CONTACTS: In april 2020, draftkings went public through a business combination with diamond eagle acquisition company and sbtech. “SBTech will maintain its core business and continue its B2B focus. Jeff Pryor/Priority PR for Diamond Eagle A class action lawsuit has already been filed. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. 1 DraftKings is merging with Diamond Eagle Acquisition Corp. and SBTech. 2 Diamond Eagle is a special purpose acquisition company that is already publicly traded. 3 DraftKings rose to prominence as a fantasy sports company and has expanded into gambling as more states legalize sports betting. No offering of securities will be made except by means of a prospectus meeting the requirements of section 10 of the Securities Act of 1933, as amended, or an exemption therefrom. DraftKings shareholders have an opportunity to recover their investment losses. SBTech is a global leader in omni-channel sports betting and gaming, with more than 1,200 employees in 10 offices worldwide. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. Shareholders of Diamond Eagle Acquisition Corp. have approved the acquisitions of DraftKings and SBTech and the public listing of the new entity. Levi & Korsinsky, LLP announces that a DKNG class action lawsuit has been filed on behalf of investors who purchased DraftKings Inc. f/k/a Diamond Eagle Acquisition Corp. (DKNG) securities between December 23, 2019 and June 15, 2021. The individual or institution listed below (the "Plaintiff") authorizes and, upon execution of the accompanying retainer agreement by The Rosen Law Firm P.A., retains The Rosen Law Firm P.A. http://www.rosenlegal.com/cases-register-2109.html, https://www.linkedin.com/company/the-rosen-law-firm. Stifel is acting as financial advisor and Herzog, Fox & Neeman and Skadden, Arps, Slate, Meagher & Flom LLP are acting as legal advisors to SBTech. Until a class is certified, you are not represented by counsel unless you retain one. Please use the form below to provide transaction information. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Awarded exclusive contract offering mobile and retail sports betting for the Oregon state lottery with their Oregon Lottery Scoreboard brand. DraftKings is a U.S.-based digital sports entertainment and gaming company created to fuel the competitive spirits of sports fans with offerings that range across daily fantasy, regulated gaming, and digital media. I have known Jason Robins for four years, and consider him a true entrepreneur. The Chief Biostatistician Passbook(R) prepares you for your test by allowing you to take practice exams in the subjects you need to study. The deal is being executed through a third company, Diamond Eagle Acquisition Corp., which will acquire both companies and change its own name to DraftKings. Diamond Eagle Acquisition Corp , a special purpose acquisition company, is in advanced talks to buy fantasy sports provider DraftKings Inc, Bloomberg reported on Wednesday. New York, New York--(Newsfile Corp. - August 19, 2021) - The following statement is being issued by Levi & Korsinsky, LLP:To: All persons or entities who purchased or otherwise acquired securities of DraftKings Inc. f/k/a Diamond Eagle Acquisition Corp. ("DraftKings Inc.") (NASDAQ: DKNG) between December 23, 2019 and June 15, 2021. A list of the names of those directors and executive officers and a description of their interests in Diamond Eagle is contained in the preliminary proxy statement/prospectus regarding the business combination, which is included as part of the Registration Statement, and will also be included in the definitive proxy statement/prospectus for the proposed business combination when available. Found insideThese are just some of the questions answered by award-winning author Bill Ordine as he traces the background of the curious federal law that opened the door for the billion-dollar play-for-money sports-contest industry. Found insideThis updated edition in paperback of the bestselling and critically acclaimed book on the rise of Google and the 'search industry" contains a major new Afterword from John Battelle. Shared by Jack Rutherford The new DraftKings will continue to be led by co-founder and CEO Jason Robins and will retain DraftKings’ highly experienced management team, including co-founders Paul Liberman and Matt Kalish. If you purchased DraftKings securities between December 23, 2019 and June 15, 2021 and would like to join the action, please click "Join This Class Action," above. The three-way deal will take the daily fantasy sports and sports betting company DraftKings public sometime in the first … Last updated on: December 23, 2019, 04:28h. If you wish to serve as lead plaintiff, you must move the Court no later than August 31, 2021. WHY: New York, N.Y., July 7, 2021. Fantasy sports and gambling firm DraftKings is in advanced talks to be acquired by a special purpose acquisition company called Diamond Eagle. (424) 284-3519 DraftKings has entered into a definitive business combination agreement with Diamond Eagle Acquisition Corp, a publicly traded special purpose acquisition company, and SBTech, a turnkey provider of sports betting and gaming technologies, combining the companies into one organisation.. Institutional investors have committed to a private investment of $30m in class A … The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the United States District Court for the Southern District of New York on behalf of investors who purchased DraftKings Inc. f/k/a Diamond Eagle Acquisition Corp. (NASDAQ: DKNG) securities between December 23, 2019 and … Found insideIn this masterly new collection, Lawrence A. Cunningham, business expert and acclaimed editor of The Essays of Warren Buffett, presents the finest writers in the genre of the shareholder letter, and the most significant excerpts from their ... Diamond Eagle Acquisition announced that the registration statement on Form S-4 , filed by its wholly-owned subsidiary, DEAC NV Merger Corp., relating to the previously announced business combination with DraftKings and SBTech Limited, has been declared effective by the U.S. Securities and … It is anticipated that the combined company will have an equity market capitalization at closing of approximately $3.3 billion and have over $500 million of unrestricted cash on the balance sheet. Goldman Sachs and Credit Suisse are acting as private placement agents to Diamond Eagle. Diamond Eagle and its directors and executive officers may be deemed participants in the solicitation of proxies from Diamond Eagle’s shareholders with respect to the business combination. published by and regarding DraftKings Inc. f/k/a Diamond Eagle Acquisition Corp. (“DEAC”, “DraftKings”, or the “Company”), analysts’ reports and advisories about the Company, and information readily obtainable on the Internet. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Found insideThis book is vital reading for investors, executives, and directors seeking to understand and attract the kind of shareholders that their companies need. Launched in 2018, DraftKings Sportsbook offers mobile and retail betting for major national and global sports, and currently operates pursuant to state regulations in Indiana, Iowa, Mississippi, New Hampshire, New Jersey, New York, Pennsylvania and West Virginia. 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