other material
confidence high
sentiment neutral
materiality 0.55
RSI selling shareholders sell 11.5M shares at $24.96; company repurchases 1.15M shares
Rush Street Interactive, Inc.
- Selling shareholders sold 10M firm shares plus 1.5M option shares at $24.96 per share.
- Company repurchased 1,153,846 shares from underwriters at $24.96, aggregate ~$28.8M.
- Company will not receive any proceeds from the sale by selling shareholders.
- Offering closed May 7, 2026; underwriters include Wells Fargo and Morgan Stanley.