secwatch / observer

DraftKings Inc. — fact timeline

Source-grounded facts extracted from DraftKings Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

DKNG DraftKings Inc. JSON

Erik Bradbury was appointed as Chief Accounting Officer at DraftKings Inc..

“Erik Bradbury, the Company’s previous PAO, will remain in his position as the Company’s Chief Accounting Officer.”

Alan Ellingson changed role as Chief Financial Officer and principal accounting officer at DraftKings Inc..

“Alan Ellingson, the Company’s Chief Financial Officer and principal financial officer, will assume the role of the Company’s principal accounting officer (“PAO”), effective as of May 29, 2026.”
Shareholder Votes

DraftKings Inc. shareholders approved Non-binding advisory vote on executive compensation at the 2026-05-12 meeting.

“Non-binding advisory vote on executive compensation: For Against Abstain Broker Non-Votes 4,107,553,941 120,320,383 621,878 106,790,054”
Shareholder Votes

DraftKings Inc. shareholders approved Ratification of the appointment of BDO USA, P.C. as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2026 at the 2026-05-12 meeting.

“Ratification of the appointment of BDO USA, P.C.: For Against Abstain Broker Non-Votes 4,333,085,883 1,613,841 586,532 0”
Shareholder Votes

DraftKings Inc. shareholders approved Election of eleven directors at the 2026-05-12 meeting.

“Election of directors: For Withheld Broker Non-Votes Jason D. Robins 4,168,928,107 59,568,095 106,790,054 Harry E. Sloan 4,130,345,045 98,151,157 106,790,054 Paul Liberman 4,224,788,643 3,707,559 106,790,054 Matthew Kalish 4,223,450,147 5,046,055 106,790,054 Woodrow H. Levin 4,150,740,190 77,756,012 106,790,054 Jocelyn Moore 4,224,416,762 4,079,440 106,790,054 Ryan R. Moore 4,219,590,022 8,906,180 106,790,054 Valerie Mosley 4,166,099,635 62,396,567 106,790,054 Steven J. Murray 4,223,658,519 4,837,683 106,790,054 Marni M. Walden 4,098,107,275 130,388,927 106,790,054 Gregory W. Wendt 4,218,140,387 10,355,815 106,790,054”
Earnings Releases

DraftKings Inc. reported first quarter 2026 results: revenue $1,646 million. Guidance reaffirmed.

“DraftKings reported revenue of $1,646 million”
Debt Financings

DraftKings Inc. incurred term loan of $600,000,000 with Morgan Stanley Senior Funding, Inc. (administrative agent) at Term SOFR plus an applicable margin of 1.75% per annum maturing March 4, 2032.

“The Amendment established a new class of incremental term loans under the Credit Agreement in an aggregate principal amount of $600,000,000 (the “Term B Facility” and, such term loans, the “Term B Loans”).”

Alan Ellingson changed role as principal accounting officer at DraftKings Inc..

“Effective as of Mr. Bradbury’s appointment, Alan Ellingson, the Company’s Chief Financial Officer and principal financial officer, will no longer serve as the Company’s principal accounting officer.”

Erik Bradbury was appointed as Chief Accounting Officer at DraftKings Inc..

“On June 9, 2024, the board of directors (the “Board”) of DraftKings Inc. (“DraftKings” or the “Company”) appointed Erik Bradbury as the Company’s Chief Accounting Officer and principal accounting officer, effective on or about August 12, 2024.”
Shareholder Votes

DraftKings Inc. shareholders rejected To consider a shareholder proposal regarding disclosure of certain political contributions at the 2024-05-13 meeting.

“Shareholder proposal regarding disclosure of certain political contributions: For Against Abstain Broker Non-Votes 157,872,231 4,053,033,840 3,658,310 89,548,214”
Shareholder Votes

DraftKings Inc. shareholders approved To conduct a non-binding advisory vote on executive compensation at the 2024-05-13 meeting.

“Non-binding advisory vote on executive compensation: For Against Abstain Broker Non-Votes 4,058,692,888 155,288,592 582,901 89,548,214”
Shareholder Votes

DraftKings Inc. shareholders approved To ratify the appointment of BDO USA, P.C. as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024 at the 2024-05-13 meeting.

“Ratification of the appointment of BDO USA, P.C.: For Against Abstain Broker Non-Votes 4,299,922,723 3,521,310 668,562 0”
Shareholder Votes

DraftKings Inc. shareholders approved To elect ten directors to the Company’s board of directors at the 2024-05-13 meeting.

“Election of directors: For Withheld Broker Non-Votes Jason D. Robins 4,140,502,639 74,061,742 89,548,214 Harry Evans Sloan 4,190,455,150 24,109,231 89,548,214 Matthew Kalish 4,210,804,598 3,759,783 89,548,214 Paul Liberman 4,210,854,993 3,709,388 89,548,214 Woodrow H. Levin 4,125,112,269 89,452,112 89,548,214 Jocelyn Moore 4,210,361,152 4,203,229 89,548,214 Ryan R. Moore 4,205,367,210 9,197,171 89,548,214 Valerie Mosley 4,146,675,323 67,889,058 89,548,214 Steven J. Murray 4,206,125,183 8,439,198 89,548,214 Marni M. Walden 4,076,095,631 138,468,750 89,548,214”
Earnings Releases

DraftKings Inc. reported the quarter ended March 31, 2024 results: revenue $1,175 million. Guidance raised.

“as amended, except as shall be expressly set forth by specific reference in such filing. --- EX-99.1 (EX-99.1) --- DraftKings Reports First Quarter Revenue Growth of 53% to $1,175 million; Raises 2024 Revenue Guidance Midpoint to $4.9 Billion and 2024 Adjusted EBITDA Guidance Midpoint to $500 Million Boston, MA – May 2, 2024 — DraftKings Inc. (Nasdaq: DKNG)”

Alan Ellingson was appointed as Chief Financial Officer at DraftKings Inc..

“appointed Alan Ellingson, the Company's Senior Vice President, Finance and Analytics, as the Company's Chief Financial Officer, principal financial officer and principal accounting officer, effective as of May 1, 2024”

Jason Park changed role as Chief Transformation Officer at DraftKings Inc..

“transition from Mr. Park's current role as the Company's Chief Financial Officer to the role of the Company's Chief Transformation Officer, effective May 1, 2024”
Earnings Releases

DraftKings Inc. reported financial results for the quarter and year ended December 31, 2023.

“On February 15, 2024, DraftKings issued a press release announcing the Company’s financial results for the quarter and year ended December 31, 2023.”
Material Agreements

DraftKings Inc. entered into Agreement and Plan of Merger and Plan of Reorganization with JackPocket Inc. valued at aggregate consideration of $750,000,000, approximately $412,500,000 cash and approximately $337,500, (effective 2024-02-11).

“On February 11, 2024, DraftKings Inc., a Nevada corporation (the “ Company ” or “ DraftKings ”), JackPocket Inc., a Delaware corporation (“ Jackpocket ”), DraftKings Holdings Inc., a Nevada corporation and a direct wholly-owned subsidiary of DraftKings (“ DK HoldCo ”), Fortune Merger Sub Inc., a Delaware corporation and a direct wholly-owned subsidiary of DK HoldCo (“ Merger Sub I ”), Fortune Merger Sub LLC, a Delaware limited liability company and a direct wholly-owned subsidiary of DK HoldCo (“ Merger Sub II ” and, together with Merger Sub I, the “ Merger Subs ”) and Shareholder Representative Services LLC, a Colorado limited liability company, solely in its capacity as representative, agent and attorney-in-fact of the Jackpocket securityholders, entered into an agreement and plan of merger and plan of reorganization (the “ Merger Agreemen t”).”
Earnings Releases

DraftKings Inc. reported the quarter ended September 30, 2023 results: revenue $790 million. Guidance raised.

“raftKings Reports Third Quarter Revenue of $790 Million; Raises 2023 Revenue Guidance Midpoint to $3.695 Billion and Improves 2023 Adjusted EBITDA Guidance Midpoint to ($105) Million Introduces Fiscal Year 2024 Revenue Guidance of $4.5 Billion to $4.8 Billion and Fiscal Year 2024 Adjusted EBITDA Guidance of $350 Million to $450 Million Boston, MA – November 2, 2023 — DraftKings Inc.”

Jason Park was appointed as Principal Accounting Officer at DraftKings Inc..

“Effective as of Mr. Bradbury’s departure, Jason Park, the Company’s Chief Financial Officer and principal financial officer, will serve as the Company’s principal accounting officer in addition to his current role as Chief Financial Officer and principal financial officer.”

Erik Bradbury resigned as Chief Accounting Officer at DraftKings Inc..

“On August 10, 2023, Erik Bradbury, DraftKings Inc.’s (“DraftKings” or the “Company”) Chief Accounting Officer and principal accounting officer, announced his intent to leave the Company, effective September 8, 2023.”
Earnings Releases

DraftKings Inc. reported the quarter ended June 30, 2023 results: revenue $875 million. Guidance raised.

“For the three months ended June 30, 2023, DraftKings reported revenue of $875 million”
Shareholder Votes

DraftKings Inc. shareholders approved Non-binding advisory vote on executive compensation at the 2023-05-15 meeting.

“Non-binding advisory vote on executive compensation: For Against Abstain Broker Non-Votes 3,997,072,459 136,323,898 754,161 110,032,718”
Shareholder Votes

DraftKings Inc. shareholders approved Ratification of the appointment of BDO USA, LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023 at the 2023-05-15 meeting.

“Ratification of the appointment of BDO USA, LLP: For Against Abstain Broker Non-Votes 4,241,491,099 1,776,462 915,675 N/A”
Earnings Releases

DraftKings Inc. reported the quarter ended March 31, 2023 results: revenue $770 million. Guidance raised.

“DraftKings reported revenue of $770 million, an increase of 84% compared to $417 million during the same period in 2022 driven primarily by efficient acquisition of new customers, product innovation driving higher hold percentage, decreased promotional intensity in more mature states, and continued healthy customer retention.”
Earnings Releases

DraftKings Inc. reported fourth quarter and year ended December 31, 2022 results: revenue $855 million. Guidance reaffirmed.

“raftKings Reports Fourth Quarter Revenue of $855 Million; Raises 2023 Revenue Guidance Midpoint to $2.95 Billion and Improves 2023 Adjusted EBITDA Guidance Midpoint to ($400) Million Expects to Exit Fiscal Year 2023 With More Than $700 Million in Cash and Generate Positive Adjusted EBITDA in Fiscal Year 2024 Boston, MA – February 16, 2023— DraftKings Inc.”
Earnings Releases

DraftKings Inc. reported the quarter ended September 30, 2022 results: revenue $502 million. Guidance raised.

“except as shall be expressly set forth by specific reference in such filing. --- EX-99.1 (EX-99.1) --- DraftKings Reports YoY Third Quarter Revenue Increase of 136% to $502 million; Raises 2022 Revenue Guidance and Improves 2022 Adjusted EBITDA Guidance; Introduces 2023 Revenue and Adjusted EBITDA Guidance Adjusted EBITDA Improves Significantly Compared to”

Matthew Kalish was appointed as President at DraftKings Inc..

“Matthew Kalish, President”

Jason D. Robins was appointed as Chief Executive Officer at DraftKings Inc..

“Jason D. Robins, Chief Executive Officer”

Marni M. Walden was appointed as Director at DraftKings Inc..

“each of Jason D. Robins, Harry Evans Sloan, Matthew Kalish, Woodrow H. Levin, Shalom Meckenzie, Jocelyn Moore, Ryan R. Moore, Valerie Mosley, Steven J. Murray, and Marni M. Walden, which, together with Paul Liberman, served on the board of directors of Old DraftKings immediately prior to the Merger Effective Times, were appointed to the Board”

Steven J. Murray was appointed as Director at DraftKings Inc..

“each of Jason D. Robins, Harry Evans Sloan, Matthew Kalish, Woodrow H. Levin, Shalom Meckenzie, Jocelyn Moore, Ryan R. Moore, Valerie Mosley, Steven J. Murray, and Marni M. Walden, which, together with Paul Liberman, served on the board of directors of Old DraftKings immediately prior to the Merger Effective Times, were appointed to the Board”

Valerie Mosley was appointed as Director at DraftKings Inc..

“each of Jason D. Robins, Harry Evans Sloan, Matthew Kalish, Woodrow H. Levin, Shalom Meckenzie, Jocelyn Moore, Ryan R. Moore, Valerie Mosley, Steven J. Murray, and Marni M. Walden, which, together with Paul Liberman, served on the board of directors of Old DraftKings immediately prior to the Merger Effective Times, were appointed to the Board”

Ryan R. Moore was appointed as Director at DraftKings Inc..

“each of Jason D. Robins, Harry Evans Sloan, Matthew Kalish, Woodrow H. Levin, Shalom Meckenzie, Jocelyn Moore, Ryan R. Moore, Valerie Mosley, Steven J. Murray, and Marni M. Walden, which, together with Paul Liberman, served on the board of directors of Old DraftKings immediately prior to the Merger Effective Times, were appointed to the Board”

Jocelyn Moore was appointed as Director at DraftKings Inc..

“each of Jason D. Robins, Harry Evans Sloan, Matthew Kalish, Woodrow H. Levin, Shalom Meckenzie, Jocelyn Moore, Ryan R. Moore, Valerie Mosley, Steven J. Murray, and Marni M. Walden, which, together with Paul Liberman, served on the board of directors of Old DraftKings immediately prior to the Merger Effective Times, were appointed to the Board”

Shalom Meckenzie was appointed as Director at DraftKings Inc..

“each of Jason D. Robins, Harry Evans Sloan, Matthew Kalish, Woodrow H. Levin, Shalom Meckenzie, Jocelyn Moore, Ryan R. Moore, Valerie Mosley, Steven J. Murray, and Marni M. Walden, which, together with Paul Liberman, served on the board of directors of Old DraftKings immediately prior to the Merger Effective Times, were appointed to the Board”

Woodrow H. Levin was appointed as Director at DraftKings Inc..

“each of Jason D. Robins, Harry Evans Sloan, Matthew Kalish, Woodrow H. Levin, Shalom Meckenzie, Jocelyn Moore, Ryan R. Moore, Valerie Mosley, Steven J. Murray, and Marni M. Walden, which, together with Paul Liberman, served on the board of directors of Old DraftKings immediately prior to the Merger Effective Times, were appointed to the Board”

Matthew Kalish was appointed as Director at DraftKings Inc..

“each of Jason D. Robins, Harry Evans Sloan, Matthew Kalish, Woodrow H. Levin, Shalom Meckenzie, Jocelyn Moore, Ryan R. Moore, Valerie Mosley, Steven J. Murray, and Marni M. Walden, which, together with Paul Liberman, served on the board of directors of Old DraftKings immediately prior to the Merger Effective Times, were appointed to the Board”

Harry Evans Sloan was appointed as Director at DraftKings Inc..

“each of Jason D. Robins, Harry Evans Sloan, Matthew Kalish, Woodrow H. Levin, Shalom Meckenzie, Jocelyn Moore, Ryan R. Moore, Valerie Mosley, Steven J. Murray, and Marni M. Walden, which, together with Paul Liberman, served on the board of directors of Old DraftKings immediately prior to the Merger Effective Times, were appointed to the Board”

Jason D. Robins was appointed as Director at DraftKings Inc..

“each of Jason D. Robins, Harry Evans Sloan, Matthew Kalish, Woodrow H. Levin, Shalom Meckenzie, Jocelyn Moore, Ryan R. Moore, Valerie Mosley, Steven J. Murray, and Marni M. Walden, which, together with Paul Liberman, served on the board of directors of Old DraftKings immediately prior to the Merger Effective Times, were appointed to the Board”

Jason Park resigned as Director at DraftKings Inc..

“Jason Park resigned from the Board.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.