dMY Technology Group recently announced a special stockholder meeting to approve the business combination proposed with Rush Street Interactive. Rush Street is the parent company of the popular SugarHouse Casino.
Also, dMY Technology Group announced that it had filed a definitive proxy statement for the special stockholders meeting with the United States Securities and Exchange Commission. The company also had distributed the definitive proxy card and proxy statement to its stockholders of record as of the record date of November 30, 2020, for the special meeting.
Once the Business Combination between dMY Technology and Rush Street Interactive closes, it’s expected that the post-business combination company Class A common stock and warrants will trade on the New York Stock Exchange under the symbols RSI and RSI WS.
The ultimate closing of the business combination must be approved by dMY’s stockholders, as well as satisfy other customary closing conditions for this type of transaction. The deal should close as soon as possible following the special stockholder meeting.
Participants in the Solicitation
dMY Technology Group, its executive officers, and directors may be deemed as participants in the solicitation of proxies from dMY’s stockholders, in connection with the proposed business combination. Rush Street Interactive and its executive officers and directors may also be considered participants in the solicitation of proxies from the stockholders of dMY.
About dMY Technology Group, Inc.
A $230 million special purpose acquisition company, dMY Technology Group, Inc. was founded by Harry Yu and Niccolo de Masi for the purpose of creating mergers, asset acquisition, capital stock exchange, stock purchase, reorganization, and similar types of business combinations with one or more businesses.
The company’s initial public offering was underwritten by UBS Investment Bank and Goldman Sachs, and its common stock, warrants, and units began trading on the NYSE in February, 2020 under the ticker symbols DMYT, DMYT-WT, and DMYT-UN.
In connection with the proposed business combination with Rush Street Interactive, dMY filed its definitive proxy statement with the Security and Exchange Commission. It’s recommended that dMY’s stockholders and others read the definitive proxy statement and other referenced documents filed in connection with the proposed business combination with Rush Street; these documents contain important information about dMY, Rush Street, and the proposed business combination.
The definitive proxy statement and other relevant information about the proposed business combination have been mailed to the stockholders of dMY as of November 30, 2020. Stockholders can also obtain a copy of the definitive proxy statement and other materials filed with the SEC, without charge, at www.sec.gov, or by requesting that information from dMY Technology Group, Attention: Niccolo de Masi, Chief Executive Officer.
About Rush Street Interactive
Rush Street Interactive was founded in 2012 by gaming industry veterans Greg Carlin, Neil Bluhm, and Richard Schwartz. Since then, Rush Street has grown to become a market leader in sports betting and online casino games in the U.S.
In September 2016, Rush Street Interactive launched its first online casino, Sugar House Casino, in New Jersey. Rush Street was also the first online gaming company to launch a regulated online casino website in Pennsylvania.
Rush Street’s BetRivers websites were also the first to launch regulated online gaming in the states of Indiana, Illinois, and Colorado. The online gaming company also was the first U.S.-based gaming company to launch a legal and regulated online sportsbook and casino, RushBet.co, in the Latin American country of Colombia.
Award-winning Rush Street Interactive was named the 2020 EGR North America Awards Casino Operator of the Year, 2020 Global Gaming Awards Digital Operator of the Year, and Customer Service Operator of the Year.