"DraftKings is a fast growing, powerhouse of a company with a strong, competitive and compassionate management team," said Mosley. "I look forward to helping DraftKings continue to add value to their shareholders and stakeholders. "I have invested in and advised small private companies and large public ones, and I'm excited to help DraftKings continue its already impressive transition into a smart, strategic and well-managed public company." Shares in Draftkings Inc (NSQL:DKNG) closed 7.08 per cent lower at $50.12 per share in New York Wednesday, 10 per cent off their 52-week high of $55.70 per share set last week.