Rush Street Interactive selling stockholders price 10 million-share secondary offering at $26/share

Rush Street Interactive, Inc. Class A

Rush Street Interactive, Inc. Class A

RSI

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  • Rush Street Interactive priced secondary offering of 10,000,000 Class A shares sold by trusts tied to Executive Chairman Neil Bluhm, CEO Richard Schwartz, COO Mattias Stetz at USD 26 per share, with closing expected May 7, 2026.
  • Selling stockholders each selling less than 10% of their holdings; Bluhm expected to retain over 40% stake post-transaction.
  • No shares sold by RSI; no proceeds to RSI, with company covering offering costs excluding underwriting discounts and commissions.
  • Concurrent repurchase planned for 1,153,846 Class A shares from underwriters at same price, funded with cash on hand; shares to be cancelled.
  • Existing buyback program set to be replaced with new USD 100 million stock repurchase plan in connection with offering.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rush Street Interactive Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605052228PRIMZONEFULLFEED9714019) on May 06, 2026, and is solely responsible for the information contained therein.

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