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Form 8-K · Current Report · Filed 2025-05-23

DraftKings Inc. Shareholder Meeting Results Announced

On May 19, 2025, DraftKings Inc. held its 2025 Annual Meeting of Shareholders where key decisions were made. All nominated directors were elected, the appointment of BDO USA, P.C. as the independent registered public accounting firm was ratified, a non-binding advisory vote on executive compensation was conducted, an amendment to the Employee Stock Purchase Plan was approved, and a shareholder proposal regarding board matrix disclosure was considered. Detailed voting results for each matter are provided.

Filer
DraftKings Inc. DKNG · NASDAQ
Filed
Accession
0001104659-25-052439
CIK
0001883685
Signal
Medium impactConsumer Cyclical

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

Board Member Appointed
Item 5.07

Submission of Matters to a Vote of Security Holders

Director Elections Results Equity Plan Approved Shareholder Rejection
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$34.87

Next session

+2.0%

Since filing

-32.7%

Latest close

$23.48

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from DKNG reporting the same item, with the next session's move:

Exhibits (1)

About DraftKings Inc.

DraftKings Inc. is a digital sports entertainment and gaming company offering a range of services, including daily fantasy sports, sports betting, and iGaming. The company operates as a multi-channel provider, enabling sports enthusiasts and gamers to engage in digital contests, wager on a variety of sports events, and enjoy casino-style gaming in regulated markets. DraftKings serves a wide audience, from casual sports fans to avid gamblers, providing a platform that combines innovative technology with a seamless user experience. One of DraftKings' primary functions is to facilitate daily and weekly fantasy sports competitions where users build virtual teams from professional athletes and compete based on the real-life performance of those athletes. Additionally, the company's sportsbook and online casino offerings make it a significant player in the rapidly expanding online gambling industry. DraftKings holds a strategic position in the sports entertainment sector due to its robust tech-driven solutions and expansive market reach, leveraging partnerships with sports leagues, teams, and media companies to continually enhance its product offerings and grow its user base.

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