Rush Street Interactive prices secondary offering of 10M shares at $26 each, launches $100M share buyback program.

Rush Street Interactive announced a secondary offering of 10 million Class A shares by selling stockholders at $26 per share, expected to close on May 7, 2026. The selling shareholders, including top executives, are offering shares for financial and estate planning, retaining significant ownership post-sale. Concurrently, RSI will repurchase 1,153,846 shares from underwriters and has approved a new $100 million stock repurchase program funded by cash on hand. This move aims to balance shareholder liquidity with maintaining control and returning value to investors.