DraftKings Files 8-K on Shareholder Votes and Financials
Ticker: DKNG · Form: 8-K · Filed: May 17, 2024 · CIK: 1883685
| Field | Detail |
|---|---|
| Company | Draftkings INC. (DKNG) |
| Form Type | 8-K |
| Filed Date | May 17, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, filing, financial-reporting
Related Tickers: DKNG
TL;DR
DKNG filed an 8-K on May 17th covering shareholder votes and financials.
AI Summary
DraftKings Inc. filed an 8-K on May 17, 2024, reporting on the submission of matters to a vote of security holders and financial statements. The filing date for the report is May 17, 2024, with the earliest event reported on May 13, 2024. The company, formerly known as New Duke Holdco, Inc., is incorporated in Nevada and headquartered in Boston, MA.
Why It Matters
This filing provides updates on corporate governance matters and financial reporting, which are crucial for investors to understand the company's operational and strategic direction.
Risk Assessment
Risk Level: low — This is a routine filing for corporate reporting and does not indicate any immediate or significant risks.
Key Players & Entities
- DraftKings Inc. (company) — Registrant
- New Duke Holdco, Inc. (company) — Former company name
- May 17, 2024 (date) — Date of report
- May 13, 2024 (date) — Earliest event reported
- 222 Berkeley Street, Boston, MA 02116 (location) — Principal executive offices
FAQ
What specific matters were submitted to a vote of DraftKings Inc. security holders?
The filing indicates that matters were submitted to a vote of security holders, but the specific details of these matters are not elaborated upon in the provided text.
What is the significance of the 'Submission of Matters to a Vote of Security Holders' item in this 8-K?
This item signifies that the company is reporting on events where shareholders were asked to vote on certain proposals or corporate actions.
When was the earliest event reported in this filing?
The earliest event reported in this filing occurred on May 13, 2024.
What is DraftKings Inc.'s state of incorporation and fiscal year end?
DraftKings Inc. is incorporated in Nevada and its fiscal year ends on December 31.
What was DraftKings Inc.'s former company name?
DraftKings Inc.'s former company name was New Duke Holdco, Inc.
Filing Stats: 611 words · 2 min read · ~2 pages · Grade level 10.5 · Accepted 2024-05-17 16:32:13
Key Financial Figures
- $0.0001 — stered Class A common stock, par value $0.0001 per share DKNG The Nasdaq Stock Market
Filing Documents
- dkng-20240517.htm (8-K) — 55KB
- 0001628280-24-024087.txt ( ) — 180KB
- dkng-20240517.xsd (EX-101.SCH) — 2KB
- dkng-20240517_lab.xml (EX-101.LAB) — 22KB
- dkng-20240517_pre.xml (EX-101.PRE) — 13KB
- dkng-20240517_htm.xml (XML) — 3KB
07. Submission of Matters to a Vote of Security Holders
Item 5.07. Submission of Matters to a Vote of Security Holders. On May 13, 2024, DraftKings Inc. (the "Company") held its 2024 Annual Meeting of Shareholders (the "Annual Meeting"). The following matters were voted upon at the Annual Meeting: 1. To elect ten directors to the Company's board of directors; 2. To ratify the appointment of BDO USA, P.C. as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024; 3. To conduct a non-binding advisory vote on executive compensation; and 4. To consider a shareholder proposal regarding disclosure of certain political contributions. The following are the final voting results for each of the matters voted upon at the Annual Meeting: Election of directors: For Withheld Broker Non-Votes Jason D. Robins 4,140,502,639 74,061,742 89,548,214 Harry Evans Sloan 4,190,455,150 24,109,231 89,548,214 Matthew Kalish 4,210,804,598 3,759,783 89,548,214 Paul Liberman 4,210,854,993 3,709,388 89,548,214 Woodrow H. Levin 4,125,112,269 89,452,112 89,548,214 Jocelyn Moore 4,210,361,152 4,203,229 89,548,214 Ryan R. Moore 4,205,367,210 9,197,171 89,548,214 Valerie Mosley 4,146,675,323 67,889,058 89,548,214 Steven J. Murray 4,206,125,183 8,439,198 89,548,214 Marni M. Walden 4,076,095,631 138,468,750 89,548,214 Ratification of the appointment of BDO USA, P.C.: For Against Abstain Broker Non-Votes 4,299,922,723 3,521,310 668,562 0 Non-binding advisory vote on executive compensation: For Against Abstain Broker Non-Votes 4,058,692,888 155,288,592 582,901 89,548,214 Shareholder proposal regarding disclosure of certain political contributions: For Against Abstain Broker Non-Votes 157,872,231 4,053,033,840 3,658,310 89,548,214
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: May 17, 2024 DRAFTKINGS INC. By: /s/ R. Stanton Dodge Name: R. Stanton Dodge Title: Chief Legal Officer and Secretary