Furthermore, Dr. Sill reminded,” It is critically important that we do not grow complacent in our rigorous application of measures proven to be impactful: always wearing face coverings, maintaining physical distancing, and practicing healthy hand hygiene. This 2020 season, our common opponent is COVID – it’s all of us together versus the virus.”
Stock pricing disappointments
On Wednesday, DraftKings announced the price of its previously announced offering of 32 million shares at $52 a share for a total offering size of nearly $1.7 billion. The DraftKings stock pricing reflected an 8% discount from the Oct. 6 closing price of 56.78.
The company and shareholders alike are selling a total of 32 million shares (16 million by DraftKings and 16 million by shareholders). Selling shareholders include Robert Kraft, the owner of the NFL’s New England Patriots, and SBTech founder Shalom Mackenzie. SBTech sells sports-betting technology. Earlier this year, DraftKings bought SBTech in a merger with a special purpose acquisition company.
