Newsroom
News
Press Release

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

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).

Press contact
For more information, please speak to your local media contact.