Rush Street Interactive, Inc. disclosed a secondary offering of 11.5 million Class A shares by selling shareholders at $24.96 per share, with the company repurchasing 1,153,846 shares for approximately $28.8 million.
Key takeaways
Selling shareholders sold 10M firm shares plus 1.5M option shares exercised in full at $24.96 per share.
Company repurchased 1,153,846 shares from underwriters at $24.96 per share for ~$28.8M.
Company receives no proceeds from the 11.5M shares sold by selling shareholders.
Underwriting agreement dated May 5, 2026; shares delivered May 7, 2026.
Registered under shelf Form S-3 (File No. 333-252810).