Rush Street Interactive Says Selling Stockholders Price 10 Million Share Secondary Offering
6 maj, 12:06
06:06 AM EDT, 05/06/2026 (MT Newswires) -- Rush Street Interactive (RSI) selling stockholders has priced an underwritten secondary offering of 10 million Class A shares at $26 each, the company said late Tuesday.
The underwriters were granted a 30-day option to purchase up to an additional 1.5 million shares.
The company said it is not selling any shares and will receive no proceeds, with the offering expected to close on Thursday.
In a concurrent move, Rush Street said it plans to repurchase 1.15 million shares at the offering price using cash on hand, cancel the shares, and replace its existing buyback program with a new $100 million authorization.
Shares of the company were down 10% in recent premarket activity Wednesday.
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Rush Street Interactive Says Selling Stockholders Price 10 Million Share Secondary Offering
6 maj, 12:06
06:06 AM EDT, 05/06/2026 (MT Newswires) -- Rush Street Interactive (RSI) selling stockholders has priced an underwritten secondary offering of 10 million Class A shares at $26 each, the company said late Tuesday.
The underwriters were granted a 30-day option to purchase up to an additional 1.5 million shares.
The company said it is not selling any shares and will receive no proceeds, with the offering expected to close on Thursday.
In a concurrent move, Rush Street said it plans to repurchase 1.15 million shares at the offering price using cash on hand, cancel the shares, and replace its existing buyback program with a new $100 million authorization.
Shares of the company were down 10% in recent premarket activity Wednesday.
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