DraftKings acquisitions, on the record

Word for word“On December 22, 2019, we entered into a business combination agreement (the “Business Combination Agreement”) with DraftKings Inc., a Delaware corporation (“DK”), SBTech (Global) Limited, a company limited by shares, incorporated in Gibraltar and continued as a company under the Isle of Man Companies Act 2006, with registration number 014119V (“SBT”), the shareholders of SBT (the “SBT Sellers”), Shalom Meckenzie, in his capacity as the SBT Sellers’ Representative, DEAC NV Merger Corp., a Nevada corporation and a wholly-owned subsidiary of the Company (“DEAC Nevada”) and DEAC Merger Sub Inc., a Delaware corporation and a wholly-owned subsidiary of the Company (“Merger Sub”), pursuant to which (i) the Company will change its jurisdiction of incorporation to Nevada by merging with and into DEAC Nevada, with DEAC Nevada surviving the merger (the “reincorporation”), (ii) Merger Sub will merge with and into DK with DK surviving the merger (the “DK Merger”), and (iii) immediately following the DK Merger, New DraftKings (as defined below) will acquire all of the issued and outstanding share capital of SBT.” 10-K for 2019

Word for word“Net cash used in investing activities during 2020 increased by $185.1 million to $227.3 million from $42.3 million during 2019, mainly reflecting the cash portion of consideration paid to SBTech shareholders, net of cash acquired, of $178.6 in connection with the Business Combination.” 10-K for 2020

Word for word“On April 23, 2020, DEAC consummated the transactions contemplated by the Business Combination Agreement dated December 22, 2019, as amended on April 7, 2020, (the “Business Combination”) and, in connection therewith: i. DEAC merged with and into us, whereby we survived the merger and became the successor issuer to DEAC; ii. we changed our name to “DraftKings Inc.”; iii. we acquired DraftKings Inc., a Delaware corporation (“Old DK”), by way of a merger;” 10-K for 2020

Word for word“As described in Note 3 to the consolidated financial statements, on March 26, 2021, the Company acquired Vegas Sports Information Network, Inc. (“VSiN”), for net consideration of $70.0 Million.” 10-K for 2021

Word for word“On March 26, 2021 and April 1, 2021, the Company acquired 100% of the equity of Vegas Sports Information Network, Inc. and Blue Ribbon Software Ltd., respectively.” 10-K for 2021