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What Happened to Rush Street Interactive?

Ticker: RSISPAC Year: 2020Merger: 2020

Return

+117.5%

Current Price

$21.75

Peak Price

$26.55

Trust Size

$659M

Summary

Rush Street Interactive, Inc. (RSI) filed its S-1 registration in 2020 and completed its business combination in 2020. The company remains actively traded with 570 SEC filings on record.

What Happened

Rush Street Interactive, Inc. entered the SPAC market in 2020 with its initial S-1 filing with the SEC, joining the wave of blank check companies seeking acquisition targets.

The company filed a definitive proxy statement (DEFM14A) ahead of its merger vote, completing its de-SPAC transaction in 2020.

SEC records show 570 total filings, including annual (10-K) and quarterly (10-Q) financial reports.

The company was incorporated in Delaware, the preferred jurisdiction for the vast majority of SPACs due to its business-friendly legal framework.

Timeline

2020-02-13

S-1 Registration Filed

2020-12-14

Merger Proxy Filed (DEFM14A)