Company: RSI
Filing Date: 2025-03-21
Form Type: 8-K
Source: 0001793659-25-000069
Chunk: 1

Company: Rush Street Interactive, Inc.
Filing Date: 2025-03-21
Form: 8-K
Item: Item 5.02
Chunk 1
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 extensive expertise in the government relations, corporate development and strategic management.

Mr. Bluhm is the founder and managing principal of Delaware Street Capital. Previously, he was a partner of Walton Street Capital, a multi-billion dollar private equity real estate opportunity fund. Prior to Walton Street Capital, Mr. Bluhm worked for JMB Realty Corporation in their acquisitions group and for Goldman, Sachs and Company in their leveraged finance group. Over his career, he has invested billions of dollars across different asset classes. Mr. Bluhm received an M. B. A. from Harvard Business School and a B. S. magna cum laude from the Wharton School at the University of Pennsylvania.

Mr. Bluhm was selected to serve on the Board because of his extensive expertise in finance, investing and corporate development. Mr. Bluhm previously served as an observer on the Company’s Board.

Messrs. Bluhm and Markell were designated for appointment to the Board by Rush Street Interactive GP, LLC, in its capacity as the Seller Representative under that certain Investor Rights Agreement, dated as of December 29, 2020, entered into in connection with the previously consummated business transaction with dMY Technology Group, Inc.

The Board has determined that Mr. Markell qualifies as an independent director and meets the applicable independence requirements of the Company, NYSE and the Securities and Exchange Commission. Mr. Bluhm is deemed to not be an independent director. There are no arrangements or understandings between either Mr. Markell or Mr. Bluhm and any other person pursuant to which they were selected to serve as a director of the Company. Mr. Markell does not have any family relationships with any director, executive officer or person nominated or chosen by the Company to become a director or executive officer of the Company. There are no related person transactions or relationships between Mr. Markell and the Company that are required to be reported under Item 404(a) of Regulation S-K in this Current Report on Form 8-K. Mr. Bluhm’s father, Neil Bluhm, is the Company’s Executive Chairman and a director, and his sister, Leslie Bluhm, is a member of the Board. Any related person transactions or relationships between Mr. Bluhm and the Company that are required to be reported under Item 404(a) of Regulation S-K in this Current Report on Form 8-K are disclosed in the Company’s Annual Report on Form 10-K filed with the SEC on February 28,