Rush Street Interactive, Inc. Announces Management Resignations
January 05, 2021 at 05:16 pm EST
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On December 29, 2020, dMY Technology Group, Inc. (“dMY”) consummated the acquisition of certain company units of Rush Street Interactive, LP (“RSI”) pursuant to a Business Combination Agreement, dated as of July 27, 2020 (as amended and restated on October 9, 2020, as further amended on December 4, 2020 pursuant to the BCA Amendment, the “Business Combination Agreement”), by and among dMY, RSI, the sellers set forth on the signatures pages thereto (collectively, the “Sellers” and each, a “Seller”), dMY Sponsor, LLC (the “Sponsor”), and Rush Street Interactive GP, LLC, in its capacity as the Sellers’ Representative (in such capacity, the “Sellers’ Representative”) (the transactions contemplated by the Business Combination Agreement, collectively, the “Business Combination”), following the approval at the special meeting of stockholders of dMY held on December 29, 2020 (the “Special Meeting”). In connection with the closing of the Business Combination (the “Closing”), the company changed its name from dMY Technology Group, Inc. to Rush Street Interactive, Inc. (the “Company”). Effective upon the Closing, Harry You resigned as Chairman of dMY. Effective upon the Closing, each of Darla Anderson, Francesca Luthi and Charles E. Wert resigned as directors of dMY.
Rush Street Interactive, Inc. is an online gaming and sports entertainment company focused on markets in the United States, Canada and Latin America. The Company provides its customers with an array of gaming offerings, such as real-money online casino, online sports betting and retail sports betting (that is sports betting services provided at bricks-and-mortar locations), as well as social gaming, which involved free-to-play games that use virtual credits that users can earn or purchase. The Companyâs brands include BetRivers, PlaySugarHouse and RushBet. It offers real-money mobile and online operations in 15 United States, including Pennsylvania, Illinois, New Jersey, New York, Ohio, Delaware, Michigan, Indiana, Virginia, Colorado, Maryland, Iowa, West Virginia, Arizona and Louisiana, as well as in the regulated international markets of Ontario, Canada, Colombia and Mexico.