Rush Street Interactive Repurchases 1.15M Shares for $28.8M

Rush Street Interactive, Inc. repurchased 1,153,846 shares of its Class A Common Stock for approximately $28.8 million at a price of $24.96 per share. This repurchase was conducted as part of a secondary offering where selling shareholders sold a total of 11,500,000 Class A Common Stock shares to underwriters at the same price. The company confirmed it would not receive any proceeds from the sale of shares by the selling shareholders.