8-K – 2026-05-29 – tm2615900d1_8k.htm

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2026-05-29

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

 

FORM 8-K

 

 

 

CURRENT REPORT 

PURSUANT TO SECTION
13 OR 15(D) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported):
May 29, 2026

 

 

DRAFTKINGS INC.

(Exact name of registrant as specified in its charter)

 

 

Nevada
001-41379
87-2764212

(State or other jurisdiction

of incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

 

222 Berkeley Street , 5th Floor

Boston , MA 02116

(Address of principal executive offices, including
zip code)

 

( 617 )
986-6744

(Registrant’s telephone number, including area code)

 

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

 

 

Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:

 

 
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 
   

 
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 
   

 
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 
   

 
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered
pursuant to Section 12(b) of the Act:

 

Title of
each class

 

Trading Symbol(s)

 

Name of each
exchange on which registered

Class A common stock, par value $0.0001 per share
 
DKNG
 
The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR
§230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

 

Emerging growth company ¨

 

If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

 

 

Item 5.02. Departure of Directors or Principal Officers; Election
of Directors; Appointment of Principal Officers.

   

On May 29, 2026, DraftKings Inc. (the “Company”) announced
that, following a review of the functions and responsibilities of the Company’s executive officers and senior leadership team, Alan
Ellingson, the Company’s Chief Financial Officer and principal financial officer, will assume the role of the Company’s principal
accounting officer (“PAO”), effective as of May 29, 2026. Mr. Ellingson will not receive any adjustment to his compensation
or any additional compensation in connection with performing the functions of the Company’s PAO. Erik Bradbury, the Company’s
previous PAO, will remain in his position as the Company’s Chief Accounting Officer.

 

Mr. Ellingson’s biographical information is disclosed in the
Company’s Proxy Statement for its 2026 Annual Meeting of Stockholders. There are no arrangements or understandings between Mr. Ellingson
and any other persons pursuant to which he was selected as an officer, he has no family relationships with any of the Company’s
directors or executive officers, and he has no direct or indirect material interest in any transaction required to be disclosed pursuant
to Item 404(a) of Regulation S-K.

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 
DRAFTKINGS INC.

 
 
 

Dated: May 29, 2026
By:
/s/ R. Stanton Dodge

 
 
Name: R. Stanton Dodge  

 
 
Title:   Chief Legal Officer and Secretary