Home > Finance > dMY shareholders to vote on Rush Street merger on 29 December

dMY shareholders to vote on Rush Street merger on 29 December

| By Daniel O'Boyle
Special purpose acquisition company (SPAC) dMY Technology Group will hold a shareholder meeting on 29 December in order to approve its proposed reverse merger with Rush Street Interactive, the online gaming arm of Rush Street Gaming.

The SPAC has filed a merger proxy statement for the securities and exchange commission (SEC), which will be distributed at the meeting.

If the deal is approved as expected, Rush Street Interactive will trade on the NYSE with an initial enterprise value of around $1.78bn, using the ticker symbol “RSI”.

dMY’s chairman Harry You and chief executive Niccolo de Masi will both join Rush Street Interactive’s board.

Read more on iGB North America.

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