Rush Street Interactive Announces Launch of Proposed Secondary Offering of Class A Common Stock by Selling Stockholders and Concurrent Repurchase of Shares
Rush Street Interactive, a leading US online casino and sports betting company, has initiated a secondary offering of 10 million Class A shares by key insiders. Concurrently, the company plans to repurchase $30 million of shares from this offering and replace its existing repurchase program with a $100 million new plan. The insiders are selling sto…