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Rush Street Interactive (RSI) announced last night that it has completed its previously announced business combination with dMY Technology Group (DMYT) after the business combination was approved at a special meeting of dMY's stockholders. Upon completion of the business combination, the combined company was renamed Rush Street Interactive. Beginning on Wednesday, December 30, the dMY tickers will change and the Class A common stock and warrants of the combined company will commence trading on the New York Stock Exchange under the new ticker symbols "RSI" and "RSI WS," respectively. Cash proceeds from the transaction consisted of dMY's approximately $230M of cash in trust and approximately $160M from a PIPE investment led by Fidelity Management and Research Company at $10.00 per share in the Class A common stock of dMY. After the payment of amounts to redeem equity from existing RSI equity holders in accordance with the terms of the business combination agreement previously entered into amongst the parties, and the payment of transaction fees and expenses, the combined company had over $240M of cash on its consolidated balance sheet as of the closing. "The funds are expected to be used to accelerate the combined company's growth in both domestic and international markets, support marketing efforts and provide additional working capital," Rush Street said.