STOCK TITAN

Rush Street Interactive (RSI) stake of 5,425,402 shares reported by Divisadero

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Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Rush Street Interactive, Inc. received an amended Schedule 13G filing from Divisadero Street Capital Management, LP and related entities, reporting beneficial ownership of 5,425,402 shares of Class A common stock. This represents 4.7% of the outstanding Class A shares.

The reporting persons have shared voting and dispositive power over all 5,425,402 shares and no sole voting or dispositive power. All reported securities are directly owned by advisory clients of Divisadero Street Capital Management, LP, and no individual advisory client is stated to beneficially own more than 5% of the class. Each reporting person disclaims beneficial ownership except to the extent of any pecuniary interest.

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Shares beneficially owned 5,425,402 shares Class A common stock reported as beneficially owned by each reporting person
Percent of class 4.7% Percentage of Rush Street Interactive Class A common stock held
Shared voting power 5,425,402 shares Shares over which each reporting person has shared power to vote
Shared dispositive power 5,425,402 shares Shares over which each reporting person has shared power to dispose
Sole voting power 0 shares Shares over which each reporting person has sole power to vote
Sole dispositive power 0 shares Shares over which each reporting person has sole power to dispose
beneficial ownership financial
"Each Reporting Person disclaims beneficial ownership of the reported securities"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
shared voting power financial
"Shared Voting Power 5,425,402.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
shared dispositive power financial
"Shared Dispositive Power 5,425,402.00"
pecuniary interest financial
"except to the extent of his, her or its pecuniary interest therein"
investment adviser financial
"All of the securities reported in this Amendment No. 7 are directly owned by advisory clients"
An investment adviser is a person or firm that professionally manages money and gives recommendations about buying, selling, or holding investments. Like a financial coach or guide, they have a legal duty to act in a client's best financial interest, so their advice, fees and potential conflicts can directly affect returns and risk — making their role important for investors who want informed, accountable help with portfolios.

FAQ

What stake in Rush Street Interactive (RSI) is reported in this Schedule 13G/A?

The filing reports beneficial ownership of 5,425,402 shares of Rush Street Interactive Class A common stock, representing 4.7% of the class as disclosed in the ownership section.

Who are the reporting persons in the Rush Street Interactive (RSI) Schedule 13G/A?

The reporting persons are Divisadero Street Capital Management, LP, William Zolezzi, Divisadero Street Partners, L.P., Divisadero Street Partners GP, LLC, and Divisadero Street Capital, LLC, all tied to the same 5,425,402-share position.

What voting and dispositive powers are reported for the RSI shares?

Each reporting person has 0 shares with sole voting or dispositive power and 5,425,402 shares with shared voting and shared dispositive power, indicating joint control over voting and disposition for this position.

How much of Rush Street Interactive’s (RSI) Class A stock is owned by Divisadero clients?

All 5,425,402 shares reported are directly owned by advisory clients of Divisadero Street Capital Management, LP. The filing states that no individual advisory client may be deemed to beneficially own more than 5% of the Class A common stock.

Does Divisadero Street Capital Management, LP claim full beneficial ownership of its RSI stake?

No. Each reporting person disclaims beneficial ownership of the securities except to the extent of any pecuniary interest, clarifying their status under Section 16 and for other legal purposes.

Why does the Schedule 13G/A note ownership of 5 percent or less of RSI?

Item 5 indicates ownership of 5 percent or less of the class for the relevant reporting person(s), consistent with the 4.7% stake disclosed, noting that certain holders are below the 5% beneficial ownership threshold.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates





782011100

(CUSIP Number)
06/30/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



Divisadero Street Capital Management, LP
Signature:By: Divisadero Street Capital, LLC, its general partner, /s/ William Zolezzi
Name/Title:William Zolezzi, Manager
Date:08/14/2026
William Zolezzi
Signature:/s/ William Zolezzi
Name/Title:William Zolezzi
Date:08/14/2026
Divisadero Street Partners, L.P.
Signature:By: Divisadero Street Partners GP, LLC, its general partner, /s/ William Zolezzi
Name/Title:William Zolezzi, Manager
Date:08/14/2026
Divisadero Street Partners GP, LLC
Signature:/s/ William Zolezzi
Name/Title:William Zolezzi, Manager
Date:08/14/2026
Divisadero Street Capital, LLC
Signature:/s/ William Zolezzi
Name/Title:William Zolezzi, Manager
Date:08/14/2026

Comments accompanying signature: * Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his, her or its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. To the extent that "ownership of 5 percent or less of a class" was indicated in Item 5, such response only applies to the Reporting Person(s) that indicated elsewhere herein that it beneficially owns five percent (5%) or less of the class.
Exhibit Information

Exhibit A - Joint Filing Agreement Exhibit B - Control Person Identification