Summary by Moomoo AI
DraftKings Inc. has received a follow-up comment from the United States Securities and Exchange Commission (SEC) regarding its Form 10-K for the fiscal year ended December 31, 2022. The SEC's letter, dated January 29, 2024, addresses DraftKings' January 8, 2024 response to a previous SEC comment letter. The SEC is requesting additional information about the materiality of DraftKings' Marketplace and the breakdown of Collectible NFTs created by DraftKings versus third parties. The SEC also seeks clarification on the parties involved with the Third-Party Collectible NFTs, the services provided by DraftKings to these third parties, and the financial implications of these services. Furthermore, the SEC inquires about the minting process of Reignmakers NFTs, potential conflicts of interest with Polygon, and the pricing and revenue details for primary and secondary sales of NFTs. DraftKings is expected to respond within ten business days or provide a timeline for their response.