“ESPP” means the Skillz Inc. 2020 Employee Stock Purchase Plan.
“Exchange Act” means the Securities Exchange Act of 1934, as amended.
“FASB” means the Financial Accounting Standards Board.
“FEAC” means Flying Eagle Acquisition Corporation, a Delaware corporation, which, after December 16, 2020, is known as Skillz, Inc.
“GAAP” means generally accepted accounting principles in the United States.
“Game” means a multi-player user experience on the Skillz platform.
“Gaming for Good” or “G4G” means Skillz’s philanthropic initiative.
“Gamer”, “player”, “user” or “end-user” means a person who enters into a competition or contest hosted on Skillz’s platform.
“GDPR” means the General Data Protection Regulation of the European Union.
“GMV” or “Gross Marketplace Volume” means the total entry fees paid by users for contests hosted on Skillz’s platform. Total entry fees include entry fees paid by end-users using cash deposits, prior cash winnings from end-users’ accounts that have not been withdrawn, and end-user incentives used to enter paid entry fee contests.
“IPO” means FEAC’s initial public offering, consummated on March 5, 2020, through the sale of 69,000,000 units at $10.00 per unit.
“JOBS Act” means The Jumpstart Our Business Startups Act.
“LiveOps” means our Live Operations System.
“Monthly Active Users” or “MAUs” means the number of end-users who entered into a paid or free contest hosted on Skillz’s platform at least once in a month, averaged over each period in the quarter.
“New Skillz” means Skillz, Inc., a Delaware corporation (which, prior to consummation of the Business Combination, was known as Flying Eagle Acquisition Corp.).
“Ninth Circuit” means the U.S. Court of Appeals for the Ninth Circuit.
“NYSE” means The New York Stock Exchange.
“Old Skillz” means, prior to the Business Combination, Skillz Inc., a Delaware corporation, and, after the Business Combination, Skillz Platform Inc., a Delaware corporation.
“Omnibus Plan” means the Skillz Inc. 2020 Omnibus Incentive Plan.
“Paying Monthly Active Users” or “Paying MAUs” means the number of end-users who entered into a paid contest hosted on Skillz’s platform at least once in a month, averaged over each period in the quarter.
“paying user” means, with respect to a given period, a user that pays a cash entry fee for a contest hosted on Skillz’s platform during such period.
“Privacy Shield” means the EU-U.S. Privacy Shield Framework.
“Private Placement Warrants” means the warrants initially issued to Eagle Equity concurrently with the IPO, each of which is exercisable for one share of Class A common stock.
“Public Warrants” means the warrants included in the units issued in the IPO, each of which is exercisable for one share of Class A common stock, in accordance with its terms.
“SEC” means the United States Securities and Exchange Commission.
“Skillz platform” means Skillz’s digital assets including the SDK, the Developer Console, the LiveOps system and the data science technologies, which together enable Skillz to provide its monetization services to third-party game developers.