BRIEF-DraftKings Submits Superior Proposal To Acquire PointsBet’s U.S. Business

DraftKings Inc: * DRAFTKINGS SUBMITS SUPERIOR PROPOSAL TO ACQUIRE POINTSBET’S U.S. BUSINESS

* DRAFTKINGS INC - PROPOSED DEAL FOR PURCHASE PRICE OF $195 MILLION * DRAFTKINGS INC - EXPECT THIS TRANSACTION TO INCREASE ADJUSTED EBITDA POTENTIAL IN 2025

* DRAFTKINGS INC - EXPECT THIS TRANSACTION NOT IMPACT EXPECTATIONS OF ACHIEVING POSITIVE ADJUSTED EBITDA IN 2024 * DRAFTKINGS INC - PROPOSED TRANSACTION WILL NOT BE SUBJECT TO ANY FINANCING CONDITION Source text for Eikon: Further company coverage:

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