White & Case Advises the Underwriters on DraftKings' US$1.9 Billion Public Offering

Press Release
1 min read

Global law firm White & Case LLP has advised the underwriters, led by Credit Suisse Securities (USA) LLC and Goldman Sachs & Co. LLC, in connection with a US$1.9 billion primary and secondary public offering of 36.8 million shares of Class A common stock of DraftKings Inc. (Nasdaq: DKNG), of which 20.8 million shares were sold by DraftKings and 16 million shares were sold by certain selling stockholders.

DraftKings is a leading digital sports entertainment and gaming company that went public in April 2020 through a business combination with Diamond Eagle Acquisition Corp., a special purpose acquisition company (SPAC) that was advised by the White & Case team that advised the underwriters in this offering.

The White & Case team included partners Joel Rubinstein, Jonathan Rochwarger and Elliott Smith, and associates Sarah Ross and Jared Coppotelli (all in New York).

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