Successfully merged with Golden Nugget Online Gaming, Inc. (GNOG) • Now trading as DKNG
SPAC Overview
$400M
IPO Size
$405M
Trust (as of 2020-03-31)
Completed
Current Status
2019
IPO Year
Timeline Progress
About
Diamond Eagle Acquisition Corp. is a blank check company seeking to merge with, acquire or otherwise combine with one or more businesses. It has not selected a target and is a generalist, with no industry, sector or geographic limitation.
The terms and the filing trail behind Diamond Eagle Acquisition Corp. \ DE
What the sponsor registered, what the deal actually priced at, and every 8-K that moved it — unit structure, sponsor promote, and the dated lifecycle events, each linked to its filing.
- Unit structure as registered and as priced — price, warrant coverage, rights, trust per unit
- Sponsor promote: founder shares and percentage, private-placement warrants, trust deposit
- The full 8-K lifecycle timeline, each event linked to its filing
- Price history across the unit, share and warrant tickers
- Follow it, and see it change on your watchlist
SPAC Team
Sponsors
Leadership
Harry E. Sloan
Vice Chairman of the Board of Directors
Jason D. Robins
Chairman of the Board of Directors, Chief Executive Officer
Jeffrey Sagansky
Chairman of the Board of Directors, Chief Executive Officer
Eli Baker
Chief Financial Officer, President, Secretary
Matthew Kalish
Director, Draftkings North America, President
Paul Liberman
Director, Global Technology and Product, President, President, Global Technology & Product
Jason Park
Chief Financial Officer
R Stanton Dodge
Chief Legal Officer, Secretary
Hany Nada
Director
Jocelyn Moore
Director
John S. Salter
Director
Marni M. Walden
Director
Michael Gavin Isaacs
Director
Richard Rosenblatt
Director
Ryan R. Moore
Director
Shalom Meckenzie
Director
Steven Joseph Murray
Director
Valerie Mosley
Director
Woodrow Levin
Director
Fredric D. Rosen
Director Nominee
Joshua A. Kazam
Director Nominee
M. Gavin Isaacs
Beneficial owner
Underwriters
Extended Team Information
Jeff Sagansky and Eli Baker have extensive experience founding and operating SPACs and completing business combinations. Their backgrounds include media, entertainment, strategic investments and transaction execution; directors Fredric Rosen and Joshua Kazam bring entertainment and venture-capital experience.
Stock Performance
DKNG
Trading Symbol
First Trade
July 25, 2019
$9.80
At Merger
April 28, 2020
$18.24
+86%
6 Months Post-Merger
October 26, 2020
$39.69
+118%
1 Year Post-Merger
April 27, 2021
$59.13
+224%
2 Years Post-Merger
April 25, 2022
$14.68
-20%
Current Price
October 2, 2026
$18.59
+90%
Key Information
IPO Date
May 14, 2019
Total Redemptions
$90.4K
PIPE
$305M
SIC
6770
Completion Date
April 23, 2020
Merger Target
Golden Nugget Online Gaming, Inc. (GNOG)
SPAC Ticker
DEAC
Merged Ticker
DKNG