{"filing":{"accession_number":"0001104659-26-100812","cik":"0001883685","ticker":"DKNG","company_name":"DraftKings Inc.","form":"8-K","filing_date":"2026-08-25","report_date":"2026-08-25","primary_document":"tm2623632d1_8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1883685/000110465926100812/tm2623632d1_8k.htm"},"events":[{"id":29493,"run_id":27008,"accession_number":"0001104659-26-100812","anchor_item_number":"1.01","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"summary":"DraftKings closed on $1.45 billion in new debt facilities: a $700 million senior secured term loan B due August 2033 at SOFR + 2.00%, and a $750 million senior secured revolving credit facility due August 2031 (replacing an existing $500 million facility). This represents a material expansion of the company's debt capital structure.","company_name":"DraftKings Inc.","ticker":"DKNG","filing_date":"2026-08-25","form":"8-K","submitted_at":null,"items":[{"id":31793,"accession_number":"0001104659-26-100812","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"DraftKings entered into a second amendment to its credit agreement on August 25, 2026, creating two new debt facilities: a $700 million senior secured term loan B due 2033 and a $750 million senior secured revolving credit facility due 2031. This represents the creation of new direct financial obligations totaling $1.45 billion, which is a material capital event for the company. The filing explicitly states these are new classes of credit facilities with specified terms, interest rates, and maturity dates.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-25T20:21:01.823413+00:00","company_name":"","ticker":null,"filing_date":""},{"id":31794,"accession_number":"0001104659-26-100812","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"DraftKings closed on a $700 million senior secured term loan B facility (increased from $600 million due to strong demand) maturing in August 2033, and a $750 million senior secured revolving credit facility maturing in August 2031, replacing an existing $500 million revolving facility. This represents the creation of new direct financial obligations totaling $1.45 billion in principal debt, clearly fitting the debt_issuance category under Item 2.03.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-25T20:21:01.823413+00:00","company_name":"","ticker":null,"filing_date":""},{"id":31796,"accession_number":"0001104659-26-100812","item_number":"7.01","item_title":"Regulation FD Disclosure.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"DraftKings announced the closing of a $700 million senior secured term loan B facility and a $750 million senior secured revolving credit facility, representing the creation of new direct financial obligations. The Term Loan B matures in August 2033 with SOFR+2.00% pricing, and the New Revolving Facility replaces an existing $500 million facility with a maturity of August 2031. This is a material debt issuance event that would affect investor assessment of the company's capital structure and liquidity.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-25T20:21:01.823413+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":31793,"accession_number":"0001104659-26-100812","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"DraftKings entered into a second amendment to its credit agreement on August 25, 2026, creating two new debt facilities: a $700 million senior secured term loan B due 2033 and a $750 million senior secured revolving credit facility due 2031. This represents the creation of new direct financial obligations totaling $1.45 billion, which is a material capital event for the company. The filing explicitly states these are new classes of credit facilities with specified terms, interest rates, and maturity dates.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-25T20:21:01.823413+00:00","company_name":"DraftKings Inc.","ticker":"DKNG","filing_date":"2026-08-25"},{"id":31794,"accession_number":"0001104659-26-100812","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"DraftKings closed on a $700 million senior secured term loan B facility (increased from $600 million due to strong demand) maturing in August 2033, and a $750 million senior secured revolving credit facility maturing in August 2031, replacing an existing $500 million revolving facility. This represents the creation of new direct financial obligations totaling $1.45 billion in principal debt, clearly fitting the debt_issuance category under Item 2.03.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-25T20:21:01.823413+00:00","company_name":"DraftKings Inc.","ticker":"DKNG","filing_date":"2026-08-25"},{"id":31796,"accession_number":"0001104659-26-100812","item_number":"7.01","item_title":"Regulation FD Disclosure.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"DraftKings announced the closing of a $700 million senior secured term loan B facility and a $750 million senior secured revolving credit facility, representing the creation of new direct financial obligations. The Term Loan B matures in August 2033 with SOFR+2.00% pricing, and the New Revolving Facility replaces an existing $500 million facility with a maturity of August 2031. This is a material debt issuance event that would affect investor assessment of the company's capital structure and liquidity.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-25T20:21:01.823413+00:00","company_name":"DraftKings Inc.","ticker":"DKNG","filing_date":"2026-08-25"}]}