Rush Street Interactive Announces Pricing of Secondary Offering of Class A Common Stock by Selling Stockholders and Concurrent Repurchase of Shares
Rush Street Interactive announced a secondary offering of 10 million Class A shares by selling stockholders—including the Executive Chairman, CEO, and COO—priced at $26.00 per share. The company will concurrently repurchase approximately 1.15 million shares via its existing program and launch a new $100 million buyback plan post-offering.
Key figures
- Offering Price
- 26
- Shares Offered
- 10000000
- New buyback authorization
- 100000000
- Shares repurchased concurrently
- 1153846
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