Diamond Eagle, backed by former MGM Holdings Inc. movie studio Chief Executive Harry Sloan, is known as a blank-check company that is formed to find other companies to ⦠Diamond Eagle Acquisition Corp. has entered into the agreement with DraftKings, which is also combining with SBTech. Gambling.com is hoping to make their Wall Street debut via a special acquisition company (SPAC), a path that replicates that of many others in the emerging North American gaming space. According to a regulatory filing, Spinning Eagle Acquisition Corp. will seek to raise $1.5 billion in a public offering under the ticker SPNG. Diamond Eagle Acquisition Corp. (âDiamond Eagleâ) (Nasdaq: DEAC, DEACU, DEACW) announced today that the registration statement on Form S-4 (File No. As part of the deal, Diamond Eagle will change its name to DraftKings and change its ticker symbol that has not been announced yet. Diamond Eagle Acquisition Corp. intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. Diamond Eagle Acquisition Stock Price. ... Jacob Asset Management is this week launching the Jacob Forward exchange-traded fund (ticker JFWD), according to ⦠DraftKings said it will complete its merger with gambling tech firm SBTech and acquisition company Diamond Eagle Acquisition sometime in the first half of 2020. DraftKings officially completed its multibillion-dollar merger with the Diamond Eagle Acquisition Corporation (DEAC) and SBTech on Thursday after DEAC shareholders voted in favor of merging the three companies into a single entity. Tekkorp Digital Acquisition Co. ⦠Diamond Eagle is a special purpose acquisition company (SPAC). Now that the merger has been completed, DraftKings will be listed on the Nasdaq exchange under the ticker symbol âDKNGâ. Free forex prices, toplists, indices and lots more. Diamond Eagle Acquisition Corp is a blank check company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Diamond Eagle Acquisition Corp. (Nasdaq: DEAC) executed the acquisition of DraftKings Inc. Best known for its fantasy-sports games, DraftKings said Monday it will merge with Diamond Eagle Acquisition Corp., which trades on the Nasdaq ⦠DKNG INVESTOR DEADLINE: Labaton Sucharow Pursuing Claims Against DraftKings f/k/a Diamond Eagle Acquisition Corp. The acquisition of the Friendship, a 2009âbuilt Cape, closed, which leaves only the Worldship closing to go. Now that the deal has closed, the joint venture operates under the DraftKings name and has swapped out Diamond Eagle's old ticker symbol, DEAC, in ⦠Diamond Eagle Acquisition (DEACW) stock price, charts, trades & the US's most popular discussion forums. The DraftKings deal was orchestrated by Sloan, who has launched six public acquisition vehicles with Sagansky since 2011. Hollywood executives Jeff Sagansky and Harry Sloan launched Diamond Eagle in May through a $400 million IPO. ... on the Nasdaq under the ticker ⦠0.00 (0.0%) Upgrade to Real-Time. Debt of $13.0 million at Libor plus 300 bps was approved by an existing lender, with debt amortization of $2.8 million in year one, $1.5 million in years two through four and a balloon payment of $5.7 million due in 2025. incorporation or organization) DEACW is listed as being "Diamond Eagle Acquisitions Warrants" but DEACU shares a name with the common stock. Diamond Eagle filed the Registration Statement through its subsidiary DEAC NV Merger Corp. Diamond Eagle Acquisition Corp merged with DraftKings Inc DKNG.O in a $3.3-billion deal earlier this year, taking the online sports betting company public. The company announced Wednesday it has $250 million in cash and no debt on the balance sheet at ⦠Big Cap Pro. The combined company will become the only vertically-integrated pure-play sports betting and online gaming company based in the United States. One Cape delivery down, one to go. Each unit issued in the initial public offering consists of one share of Class A common stock and one-third of one warrant to purchase one ⦠The deal was approved by DEAC shareholders at a Thursday meeting. Global Eagle Entertainment (ENT) trades at $0.42 after a merger that closed in early 2013. Diamond Eagle Acquisition Corp. (Nasdaq: DEAC) executed the acquisition of DraftKings Inc. Diamond Eagleâs efforts to identify a prospective initial business combination target will not be limited to a particular Forest Road Acquisition ... company will be listed on the NYSE under a new ticker symbol, BODY. Neither of which can be purchased through Robinhood. Soaring Eagle Acquisition Corp. (Nasdaq:SRNGU), a new SPAC from the team that took DraftKings (DKNG), Skillz (SKLZ) and other firms public, rose on its opening day after a $1.5 billion IPO. In connection with the closing of the transaction, Diamond Eagle intends to change its name to DraftKings Inc., reincorporate in Nevada and remain Nasdaq-listed under a new ticker symbol. Diamond Eagle Acquisition Corp. Diamond Eagle Acquisition Corp. operates as a blank check company. The companyâs stock, which trade on the Nasdaq under the ticker symbol âDKNG,â opened Friday at $20.49 per share. Diamond Eagle Acquisition Corp. raised $400 million in its offering last May, funds that DraftKings can now draw on. San Diego, California--(Newsfile Corp. - July 24, 2021) - The DraftKings class action lawsuit charges DraftKings Inc. (NASDAQ: DKNG) and certain of DraftKings and Diamond Eagle Acquisition Corp.'s ("DEAC") top executives with violations of the Securities Exchange Act of 1934 and seeks to represent purchasers of DraftKings securities between December 23, 2019 and June 15, 2021, ⦠The deal is expected to close in the first half of 2020, with Diamond Eagle changing its name to DraftKings Inc. and reincorporating in Nevada and adopting a new ticker symbol on Nasdaq. IPO Stocks: Whole Earth Brands (FREE) On Dec. 20, 2019, Act II Global Acquisition announced that it ⦠Diamond Eagle is expected to change its name to DraftKings Inc. and stay on the Nasdaq stock exchange with a new ticker symbol. This was just one of many, though, and another SPAC hopes it might be able to see the same success as the DraftKings/Diamond Eagle deal. Sports betting giant DraftKings has become a public company following approval of a merger with SBTech and Diamond Eagle Acquisition. The company would merge with Diamond Eagle Acquisition (Nasdaq: DEAC) and SBTech. Platinum Eagle Acquisition's stock was trading at $10.30 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Instead, DraftKings merged with a special purpose acquisition company (SPAC) named Diamond Eagle Acquisition Corp . Diamond Eagle Acquisition Corp., a publicly traded special purpose acquisition company. Since then, DEACU shares have increased by 21.9% and is now trading at $19.37. Diamond Eagle Acquisition (DEAC) stock price, charts, trades & the US's most popular discussion forums. 1. According to a regulatory filing, Spinning Eagle Acquisition Corp. will seek to raise $1.5 billion in a public offering under the ticker SPNG. Like all SPACs, the stock will be priced at $10 per share. Each share will also include one-fifth of a warrant to purchase stock at $11.50 per share. Media executive Jeff Sagansky and investor Harry E. Sloan founded the company. The transaction is expected to close in the first half of 2020. Since then, EAGLU stock has increased by 0.0% and is now trading at $10.30. After the merger closes in the first half of 2020, Diamond Eagle will change its name to DraftKings Inc., reincorporate in Nevada and remain listed on the Nasdaq under a new ticker ⦠Courtesy of Platinum Eagle Acquisition Veteran Hollywood executives Jeff Sagansky and Harry Sloan are launching Diamond Eagle Acquisition Corp. with ⦠A high-level overview of Diamond Eagle Acquisition Corp. (DEACU) stock. Last updated on: December 23, 2019, 04:28h. Diamond Eagle Acquisition Corp. entered into formal SEC review for a three-way merger with DraftKings Inc. and SBTech Ltd. See what first-in-the-U.S. type of company they'll create. The new company has been Daily fantasy sports and sports betting operator DraftKings on Thursday completed its $3.3 billion merger with Diamond Eagle Acquisition Corp. 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