DraftKings Inc. f/k/a Diamond Eagle Acquisition Corp. Loss Submission Form

Company: DraftKings Inc. f/k/a Diamond Eagle Acquisition Corp.

Ticker: (NASDAQ) DKNG

Deadline

Passed

Lead Plaintiff Deadline: August 31, 2021

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Allegations

(i) SBTech Global Limited (“SBTech”), a company acquired by DraftKings, had a history of unlawful operations; (ii) accordingly, DraftKings’ merger with SBTech exposed the Company to dealings in black-market gaming; (iii) the foregoing increased the Company’s regulatory and criminal risks with respect to these transactions; (iv) as a result of all the foregoing, the Company’s revenues were, in part, derived from unlawful conduct and thus unsustainable; (v) accordingly, the benefits of the Business Combination were overstated; and (vi) as a result, the Company’s public statements were materially false and misleading at all relevant times.