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Stock impact report

DraftKings Closes Business Combination and Will Begin Trading on the Nasdaq Stock Exchange

DraftKings Inc. - Class A (DKNG) 
Company Research Source: GlobeNewswire
BOSTON, April 23, 2020 (GLOBE NEWSWIRE) -- 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 Corp. (“Diamond Eagle”) (Nasdaq: DEAC). The Business Combination, which was approved on April 23, 2020, by DEAC’s stockholders, creates the only vertically integrated pure-play sports betting and online gaming company based in the United States. 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”. “Today marks another milestone for DraftKings and the future of digital sports entertainment and gami Show less Read more
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