DraftKings Holdings Inc.

Diamond Eagle Acquisition Corp., sponsored by media and entertainment veterans Harry Sloan and Jeff Sagansky, completed its blank-check company IPO in May 2019 on Nasdaq under the ticker DEAC. The SPAC targeted the media, entertainment, and sports sectors and, in December 2019, announced a three-party merger with online sports betting and daily fantasy operator DraftKings and sports technology provider SBTech. The transaction closed in April 2020, at which point the combined entity began trading on Nasdaq as DraftKings Holdings Inc. under the ticker DKNG, operating in the online gaming and sports wagering industry. Visit SpacDesk and sign up for full deal data, historical filings, and analytics on DKNG and hundreds of other SPAC transactions.