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Business
June 9, 2021
Genius Sports and Shareholders Offer for Sale 20 Million Shares
Sports betting company Genius Sports announced it launched an underwritten public offering of the company’s common stock to the amount of 20 million shares. Registration with the SEC Filed, Not Effective Yet The public offering for which Genius Sports filed a registration statement and a preliminary prospectus with the US Securities and Exchange Commission (SEC) […]
Business
October 5, 2020
DraftKings Is Seeking to Raise $1B through a Public Offering
NASDAQ-listed daily fantasy and sports betting operator DraftKings announced today it started an underwritten public offering of 32 million shares of its Class A common stock, looking to raise in excess of $1 billion. DraftKings explained in the investor update it released on its website that half of the total amount of shares will be […]
Casino
May 11, 2020
Penn Boosts Liquidity through Common Stock and Senior Notes Public Offerings
Pennsylvania-based Penn National Gaming Inc announced today it started an underwritten public offering of common stocks, as well as an underwritten offering of convertible senior notes, to the amount of $250 million each. The new debt security the company is issuing has maturity in 2026 and can be converted into Penn’s common stock anytime until […]