{"filings":[{"id":202346,"accession_number":"0001213900-24-067777","cik":1014052,"company_name":"Digerati Technologies, Inc.","ticker":"DTGI","form_type":"8-K","filed_at":"2024-08-12T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Arthur L. Smith returns as CEO of Digerati Technologies; interim CEO Craig K. Clement steps down","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["On Aug 6, 2024, Arthur L. Smith re-appointed as CEO after medical leave since Oct 2023.","Craig K. Clement relinquished interim CEO role; remains executive chairman.","Smith continues under Feb 2019 employment agreement; no other arrangements.","No family relationships or material interests requiring disclosure."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":1078406.9999999998,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":238368,"accession_number":"0001213900-24-011691","cik":1014052,"company_name":"Digerati Technologies, Inc.","ticker":"DTGI","form_type":"8-K","filed_at":"2024-02-08T23:59:59+00:00","items":["1.01","2.03","3.02","9.01"],"status":"ready","headline":"Digerati extends Post Road forbearance to Nov 2024; secures $2M revolver","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Third Forbearance Agreement extends Post Road loan maturity to Nov 17, 2024; forbearance on existing defaults.","Principal balance owed to Post Road approx. $41.279M; amendment fee of 3% added to principal.","New $2M revolving credit facility with Thermo Communications Funding; interest at prime+2.75% (floor 10.50%).","Financial covenants reset: minimum liquidity $750k, fixed charge ratio 1.25x, max churn 3.0%; EBITDA/leverage covenants removed.","Convertible note holders extend payments to Dec 31, 2024; warrants for 14M shares exchanged for 8.16M common shares."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":1078406.9999999998,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":255862,"accession_number":"0001013762-23-002350","cik":1014052,"company_name":"Digerati Technologies, Inc.","ticker":"DTGI","form_type":"8-K","filed_at":"2023-10-06T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Digerati CEO Arthur L. Smith takes temporary medical leave; Executive Chairman Craig K. Clement appointed interim CEO","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["CEO Arthur L. Smith's temporary medical leave effective October 6, 2023 due to recent surgery.","Executive Chairman Craig K. Clement named interim CEO during Smith's absence; Clement has served on board since 2014.","Board increased Clement's compensation by $2,500/month for the interim CEO role.","Company states 'business as usual' citing strength of President Derek Gietzen and CFO Antonio Estrada."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1078406.9999999998,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":273281,"accession_number":"0001213900-23-075887","cik":1014052,"company_name":"Digerati Technologies, Inc.","ticker":"DTGI","form_type":"8-K","filed_at":"2023-09-12T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Digerati Technologies doubles equity plan share limit to 15M, grants and reprices 8.75M options to executives","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Share reserve under 2015 Equity Plan increased from 7.5M to 15.0M shares.","On May 25, 2023, 8,745,000 options granted to CEO, Chairman, director, and CFO at $0.095 strike.","All options fully vested upon grant and expire December 1, 2027.","On August 15, 2023, the exercise price of all these options was repriced to $0.032 per share.","New options replaced previously expired or near-expiry options for each executive."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1078406.9999999998,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":273280,"accession_number":"0001213900-23-069384","cik":1014052,"company_name":"Digerati Technologies, Inc.","ticker":"DTGI","form_type":"8-K","filed_at":"2023-08-21T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Digerati Technologies capitalizes ~$1.9M unpaid interest; extends Term Loan C maturity to Nov 2023","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Capitalized all accrued cash interest (~$1.86M) and amendment fee ($59k) into principal; outstanding ~$36.9M.","All interest accruing after Aug 4, 2023 will be paid in kind (PIK) instead of cash until maturity.","Maturity of Term Loan C extended 90 days from Aug 4 to Nov 2, 2023.","Event of default for non-payment of the capitalized interest waived solely for that amount.","Post Road charged a one-time non-refundable amendment fee of $59,082.47, also capitalized."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1078406.9999999998,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":290211,"accession_number":"0001213900-23-051050","cik":1014052,"company_name":"Digerati Technologies, Inc.","ticker":"DTGI","form_type":"8-K","filed_at":"2023-06-22T23:59:59+00:00","items":["1.02"],"status":"ready","headline":"Digerati Tech terminates merger with MEOA after Nasdaq halt and missed June 15 deadline","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Digerati terminated Business Combination Agreement with MEOA on June 15, 2023; deal did not close by termination date.","Nasdaq halted MEOA trading on May 24, 2023, preventing approval of combined company listing application.","As of June 22, 2023, neither party has sought a termination fee under the agreement.","Planned merger would have made Digerati a wholly-owned subsidiary of MEOA, renamed Verve Technologies."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1078406.9999999998,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":290210,"accession_number":"0001213900-23-047937","cik":1014052,"company_name":"Digerati Technologies, Inc.","ticker":"DTGI","form_type":"8-K","filed_at":"2023-06-12T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Digerati postpones special meeting on MEOA merger to on or before June 30, 2023","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Special meeting to approve business combination with MEOA postponed to a date on or before June 30, 2023.","This is the fourth postponement; prior dates were May 25, May 26, and May 30.","Digerati will provide at least 48 hours' notice of the new meeting date via press release and 8-K.","Meeting is to vote on Business Combination Agreement among Digerati, MEOA, and MEOA Merger Sub."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":1078406.9999999998,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":290209,"accession_number":"0001213900-23-046188","cik":1014052,"company_name":"Digerati Technologies, Inc.","ticker":"DTGI","form_type":"8-K","filed_at":"2023-06-05T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Digerati and MEOA amend merger deal: deadline extended to June 15, note cap raised to $3.5M","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Termination date extended from May 30 to June 15, 2023; Digerati no longer obligated to fund MEOA extension costs.","Cap on convertible promissory notes increased from $2M to $3.5M, issuable for working capital and transaction expenses.","Post-merger board set at 7 directors in three classes; Ernest Cunningham and Scott Crist join board; Shawn Rochester on strategic advisory committee.","Surviving company renamed to 'Verve Technologies Corporation' instead of 'Digerati Holdings, Inc.'","Lock-up agreements now required only from Arthur Smith, Craig Clement, Antonio Estrada, and Post Road funds; other stockholders removed."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":1078406.9999999998,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":290208,"accession_number":"0001213900-23-044233","cik":1014052,"company_name":"Digerati Technologies, Inc.","ticker":"DTGI","form_type":"8-K","filed_at":"2023-05-31T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Digerati postpones special meeting on MEOA merger again, to a date on or before June 12","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Special meeting postponed to a date on or before June 12, 2023; date TBD with 48-hour advance notice.","Meeting is to vote on proposed business combination with Minority Equality Opportunities Acquisition Inc. (MEOA).","This is the fourth postponement since the original May 25 date.","Digerati will issue press release and 8-K at least 48 hours before rescheduled meeting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":1078406.9999999998,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":290207,"accession_number":"0001213900-23-043314","cik":1014052,"company_name":"Digerati Technologies, Inc.","ticker":"DTGI","form_type":"8-K","filed_at":"2023-05-26T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Digerati postpones special meeting on business combination to May 31","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Special meeting postponed from May 25 to May 31, 2023 at 2:00 p.m. EDT.","Meeting to vote on adoption of business combination agreement with MEOA (SPAC).","No reason given for postponement; deal terms unchanged.","Digerati filed definitive proxy on May 12, 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":1078406.9999999998,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":290206,"accession_number":"0001213900-23-042864","cik":1014052,"company_name":"Digerati Technologies, Inc.","ticker":"DTGI","form_type":"8-K","filed_at":"2023-05-25T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Digerati postpones shareholder meeting on SPAC merger to May 26","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Special meeting of stockholders postponed to May 26, 2023 at 11:00 a.m. EDT.","Meeting to vote on adoption of Business Combination Agreement with MEOA (SPAC).","Originally scheduled for May 25; new date announced on May 24."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":1078406.9999999998,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":290205,"accession_number":"0001213900-23-039807","cik":1014052,"company_name":"Digerati Technologies, Inc.","ticker":"DTGI","form_type":"8-K","filed_at":"2023-05-15T23:59:59+00:00","items":["1.01","2.03","3.02","9.01"],"status":"ready","headline":"Digerati Technologies issues $330K in convertible notes to MGR and Lucas Ventures","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $275,000 convertible note to MGR Limited Partnership; net proceeds $250,000 after $25,000 OID.","Issued $55,000 convertible note to Lucas Ventures; net proceeds $50,000 after $5,000 OID.","Issued 358,000 commitment shares to MGR and 300,000 inducement shares to Lucas.","Conversion price for both notes is $0.10 per share, convertible upon Nasdaq up-list.","MGR note matures Oct 14, 2023; Lucas note matures Feb 9, 2024; both are unregistered."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":1078406.9999999998,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":290204,"accession_number":"0001213900-23-039121","cik":1014052,"company_name":"Digerati Technologies, Inc.","ticker":"DTGI","form_type":"8-K","filed_at":"2023-05-12T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Digerati extends MEOA merger outside closing date to May 31 via seventh credit amendment","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Seventh Amendment extends MEOA Merger Outside Closing Date from April 28 to May 31, 2023.","Post Road defers cash interest due April 3 and May 1 to June 1, 2023; principal ~$34.5M.","Amendment fee of 0.4% (~$138K) capitalized and added to Term Loan A and C principal.","New negative covenant on material nonpublic information (MNPI) added to credit agreement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1078406.9999999998,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":290203,"accession_number":"0001213900-23-036934","cik":1014052,"company_name":"Digerati Technologies, Inc.","ticker":"DTGI","form_type":"8-K","filed_at":"2023-05-05T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Digerati and MEOA extend business combination deadline to May 30, 2023","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Amendment No. 3 signed May 1, 2023, extends Termination Date from April 28 to May 30, 2023.","Merger transaction (Digerati becoming wholly owned sub of MEOA) remains pending.","Digerati filed preliminary proxy statement; MEOA mailed definitive proxy on May 3, 2023.","No changes to other material terms of the Business Combination Agreement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":1078406.9999999998,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":290202,"accession_number":"0001213900-23-028014","cik":1014052,"company_name":"Digerati Technologies, Inc.","ticker":"DTGI","form_type":"8-K","filed_at":"2023-04-06T23:59:59+00:00","items":["1.01","2.03","3.02","9.01"],"status":"ready","headline":"Digerati enters $302k convertible notes, increases Post Road facility to $3.5M","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $192k April Note to Mast Hill Fund ($159.2k net); warrant for 1,207,186 shares; 241,500 commitment shares.","Issued $110k LGH Note ($100k net) plus 300,000 inducement shares; conversion price $0.0956 per share.","Sixth Amendment with Post Road raises bridge loan cap to $3.5M (from $3.0M) and defers April 3 cash interest to May 1.","April Note matures March 17, 2024; LGH Note matures December 7, 2023; conversion begins after Merger or July 17, 2023.","Merger with Minority Equality Opportunities Acquisition Inc. (MEOA) remains pending; conversion rights tied to deal close."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":1078406.9999999998,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":311133,"accession_number":"0001213900-23-021413","cik":1014052,"company_name":"Digerati Technologies, Inc.","ticker":"DTGI","form_type":"8-K","filed_at":"2023-03-20T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Digerati Q2 FY2023 revenue up 98% to $7.94M, net income $0.22M vs loss; Merger with MEOA on track","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $7.941M, +98% YoY; gross margin 62.6% vs 61.4%.","Net income $0.220M vs loss of $11.047M; Adj EBITDA $0.796M (+283% YoY).","Non-GAAP operating EBITDA $1.204M (+103%); cash $2.203M at Jan 31, 2023.","Proposed merger with MEOA at $105M enterprise value; expected closing Q2 CY2023.","Serves ~4,500 business customers, ~45,000 users in Florida, Texas, California."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.03,"consensus_revenue_estimate":null,"consensus_revenue_actual":16071000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":1078406.9999999998,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":311132,"accession_number":"0001213900-23-019905","cik":1014052,"company_name":"Digerati Technologies, Inc.","ticker":"DTGI","form_type":"8-K","filed_at":"2023-03-14T23:59:59+00:00","items":["1.01","7.01","9.01"],"status":"ready","headline":"Digerati provides update on $105M enterprise value merger with MEOA; Q2 CY2023 close targeted","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Enterprise valuation of $105 million for Digerati; boards of both companies approved the deal.","Expected closing in Q2 CY2023, subject to SEC effectiveness of S-4/A, NASDAQ listing approval, and shareholder votes.","Business combination agreement extended to April 28, 2023.","MEOA and Digerati preparing second S-4/A filing after SEC Staff comments on Feb 15, 2023 S-4/A.","Digerati will file Form 10-Q for Jan 31, 2023 and MEOA will file Form 10-K for Dec 31, 2022 prior to next S-4/A."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":1078406.9999999998,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":311131,"accession_number":"0001213900-23-016262","cik":1014052,"company_name":"Digerati Technologies, Inc.","ticker":"DTGI","form_type":"8-K","filed_at":"2023-03-01T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Digerati and MEOA extend merger deadline to April 28, 2023; waive certain past non-compliance","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Termination date extended from Feb 25, 2023 to April 28, 2023.","Company waives MEOA's late filing of S-4 registration statement (filed Nov 30, 2022).","MEOA waives Digerati's late delivery of audited financials (delivered Oct 31, 2022) and PRG Resolution Agreement (executed Feb 7, 2023).","Amendment effective February 24, 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":1078406.9999999998,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":311130,"accession_number":"0001213900-23-012930","cik":1014052,"company_name":"Digerati Technologies, Inc.","ticker":"DTGI","form_type":"8-K","filed_at":"2023-02-17T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Digerati amends SPAC merger agreement; implied equity value raised to $71.1M","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Equity value increased from $68.7M to $71.1M, reflecting 240,000 shares to Maxim for advisory services.","Transaction Share Consideration set at 7,108,081 MEOA shares; Bridge Loan Warrants (13,534,535 shares) excluded from equity value.","Amendment clarifies convertible notes and Bridge Loan Warrants are not part of equity value calculation.","Definitions for Bridge Loan Warrants added; Rollover Notes definitions deleted."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1078406.9999999998,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":311129,"accession_number":"0001213900-23-009834","cik":1014052,"company_name":"Digerati Technologies, Inc.","ticker":"DTGI","form_type":"8-K","filed_at":"2023-02-09T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Digerati enters Fourth Amendment with Post Road, consents to SPAC merger and bridge loans","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Post Road consents to Digerati's merger with SPAC MEOA, contingent on bridge loan repayment at closing.","Amendment allows up to $3M in convertible bridge loans to fund working capital and merger expenses.","Post Road waives existing defaults only if Merger closes by February 28, 2023.","Six financial covenants revised; only minimum liquidity tested for Q ended Jan 31, 2023.","Mandatory prepayment requires 50% of bridge loan payments to repay Post Road notes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":1078406.9999999998,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":311128,"accession_number":"0001213900-23-008998","cik":1014052,"company_name":"Digerati Technologies, Inc.","ticker":"DTGI","form_type":"8-K","filed_at":"2023-02-07T23:59:59+00:00","items":["1.01","2.03","3.02","9.01"],"status":"ready","headline":"Digerati Technologies issues $1.68M in convertible debt; up to 18.2M shares issuable","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued two unsecured convertible notes totaling $1.2M gross proceeds; principal $660K each, 10% interest, due May 24, 2023; convertible at $0.10/share, up to 13.2M shares.","Issued three unsecured promissory notes totaling ~$482K principal (gross $410K after OID); 10% interest, 12-month maturity; convertible at $0.0956/share, up to 5.05M shares.","Issued 1.32M commitment shares and warrants for 3.03M shares (exercise price $0.1195) in connection with the financings.","Company intends to repay notes from proceeds of pending merger with MEOA (Minority Equality Opportunities Acquisition Inc.).","Notes include default triggers for SEC filing delinquencies and conversion restrictions limiting beneficial ownership to 4.99%."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":1078406.9999999998,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":329743,"accession_number":"0001213900-22-078522","cik":1014052,"company_name":"Digerati Technologies, Inc.","ticker":"DTGI","form_type":"8-K","filed_at":"2022-12-08T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Digerati provides update on NASDAQ listing via MEOA merger; $105M valuation, Q1 2023 close target","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["MEOA filed S-4 registration statement on Nov 30, 2022; Charter Amendment approved by MEOA shareholders on Nov 29, 2022.","Transaction implies $105 million enterprise valuation for Digerati; boards of both companies have approved.","Closing expected in Q1 2023, subject to shareholder, SEC, and Nasdaq approval.","S-4 is currently under SEC review; Digerati continues as provider of UCaaS cloud services for SMB market."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":1078406.9999999998,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":329742,"accession_number":"0001213900-22-077314","cik":1014052,"company_name":"Digerati Technologies, Inc.","ticker":"DTGI","form_type":"8-K","filed_at":"2022-12-02T23:59:59+00:00","items":["1.01","2.03","3.02","9.01"],"status":"ready","headline":"Digerati Technologies issues $1.67M promissory note to Mast Hill Fund, with conversion and warrant shares","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued unsecured promissory note for ~$1.67M principal (with $250.5K OID) to Mast Hill Fund; net proceeds ~$1.42M.","Note convertible into common stock at $0.0956/share; also issued warrant to purchase up to 10.5M shares at $0.1195.","Issued 2.1M commitment shares to investor; conversion restricted to <4.99% beneficial ownership.","Net proceeds used partly for deposit into MEOA trust to extend SPAC merger deadline, plus working capital.","Note matures Nov 22, 2023; amortization payments of $200K-$400K quarterly starting Feb 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":1078406.9999999998,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":329741,"accession_number":"0001213900-22-065559","cik":1014052,"company_name":"Digerati Technologies, Inc.","ticker":"DTGI","form_type":"8-K","filed_at":"2022-10-21T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Digerati extends forbearance with Post Road through Nov 15, 2022 as defaults continue","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Forbearance period extended to Nov 15, 2022, covering existing and anticipated defaults.","Defaults include failure to maintain Senior Leverage Ratio of 4.06:1 and Min Liquidity of $2.0M for July 31 quarter.","Outstanding principal as of Oct 3, 2022: Term Loan A $22.8M, Term Loan C $10.2M.","Loan Parties reaffirm no defenses, no offset, and grant continuing security interest in all collateral.","Anticipated defaults for Oct 31 quarter include similar covenant failures (Leverage <4.05:1, Liquidity <$2.0M)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1078406.9999999998,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":347310,"accession_number":"0001213900-22-058197","cik":1014052,"company_name":"Digerati Technologies, Inc.","ticker":"DTGI","form_type":"8-K","filed_at":"2022-09-23T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Digerati to merge with SPAC MEOA, renamed Digerati Holdings; investor presentation filed","summary_kind":"llm","event_type":"m_and_a","confidence":"low","bullets":["Business Combination Agreement entered Aug 30, 2022 with MEOA (SPAC) and Merger Sub.","Merger Sub to merge into Digerati; Digerati becomes wholly owned subsidiary of MEOA.","Post-merger MEOA renamed Digerati Holdings, Inc.; transaction subject to stockholder approvals.","Investor presentation for the deal now available on company website and filed with SEC.","No specific financial terms, deal value, or premium disclosed in this filing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":1078406.9999999998,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":347309,"accession_number":"0001213900-22-054246","cik":1014052,"company_name":"Digerati Technologies, Inc.","ticker":"DTGI","form_type":"8-K","filed_at":"2022-09-06T23:59:59+00:00","items":["1.01","7.01","9.01"],"status":"ready","headline":"Digerati Technologies signs Business Combination Agreement with SPAC MEOA; expected close Q4 2022","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Merger of MEOA Merger Sub with Digerati; Digerati survives as wholly-owned subsidiary of MEOA, renamed Digerati Holdings, Inc.","Exchange ratio for Digerati common stock; stock options, warrants, preferred stock, and convertible notes converted based on exchange ratio.","Expected closing in Q4 2022, subject to stockholder approvals, Nasdaq listing approval, and other customary conditions.","Termination fees: $2M payable by Digerati to MEOA in certain termination scenarios; $1.265M in other scenarios.","Sponsor and certain Digerati stockholders enter support agreements; lock-up of 180 days for certain Digerati stockholders."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":1078406.9999999998,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":347308,"accession_number":"0001213900-22-050152","cik":1014052,"company_name":"Digerati Technologies, Inc.","ticker":"DTGI","form_type":"8-K","filed_at":"2022-08-22T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Digerati Technologies enters equity purchase agreement for up to $5M with Peak One Opportunity Fund","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Company may direct Peak One to buy up to $5M of common stock in multiple tranches over 24 months.","Minimum put of $20,000; maximum per put is $250,000 or 250% of average daily trading value.","Purchase price set at 88% of Market Price (lower of specified trading prices over 10 days before put or 7 days after clearing).","Peak One must receive registered shares; Company to file resale registration statement within 30 days.","Investor represented as accredited investor; agreement contains standard representations and conditions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":1078406.9999999998,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":383515,"accession_number":"0001213900-22-007013","cik":1014052,"company_name":"Digerati Technologies, Inc.","ticker":"DTGI","form_type":"8-K/A","filed_at":"2022-02-11T23:59:59+00:00","items":["9.01"],"status":"ready","headline":"Digerati files audited financials for acquired Next Level; FY2021 rev $11.6M, net loss $472K","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Total consideration for Next Level acquisition approximately $20M ($14M cash, $2.5M note, $3.5M stock).","Next Level's FY2021 revenue $11.57M (up 15% YoY from $10.08M).","Net loss improved to $472K from $1.23M; accumulated deficit $4.77M.","As of July 31, 2021, cash $735K, working capital deficit $6.48M, positive operating cash flow $555K.","Next Level provides UCaaS and managed connectivity to ~1,000 customers."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":1078406.9999999998,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":383518,"accession_number":"0001213900-22-006475","cik":1014052,"company_name":"Digerati Technologies, Inc.","ticker":"DTGI","form_type":"8-K","filed_at":"2022-02-10T23:59:59+00:00","items":["1.01","2.01","2.03","8.01","9.01"],"status":"ready","headline":"Digerati acquires NextLevel Internet for up to $12.9M; expects $31.5M annualized revenue","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Total purchase price up to $12.9M: $8.9M cash, $2M unsecured notes, $2M convertible notes.","Acquisition adds ~1,000 SMB clients in California; consolidated annualized revenue expected to reach $31.5M.","Deal partly financed by $10M Term Loan C Note from Post Road; net proceeds of $9.75M to fund cash portion.","NextLevel President Derek Gietzen to remain in role and join Digerati executive management team.","Acquisition expected to be accretive to EBITDA and operating income in FY2022."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1078406.9999999998,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":383514,"accession_number":"0001213900-22-003057","cik":1014052,"company_name":"Digerati Technologies, Inc.","ticker":"DTGI","form_type":"8-K/A","filed_at":"2022-01-21T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Digerati amends 8-K with Skynet Telecom audited FY2021 financials; acquisition closed Dec 31, 2021","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Skynet FY2021 revenue $3.562M, net income $602k; Q1 FY2022 revenue $914k, net income $72k (vs $148k YoY).","Consideration: $4.8M cash plus $1.0M restricted stock, subject to working capital adjustment and earn-out.","Skynet is a South Texas VoIP provider; assets acquired by Digerati's subsidiary Shift8 Networks.","Pro forma combined financials (unaudited) filed to reflect the acquisition for year ended Jul 2021 and Q1 ended Oct 2021."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1078406.9999999998,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":383517,"accession_number":"0001213900-22-001872","cik":1014052,"company_name":"Digerati Technologies, Inc.","ticker":"DTGI","form_type":"8-K","filed_at":"2022-01-13T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Digerati posts 143% revenue growth, cites SkyNet Telecom acquisition in updated presentation","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Revenue grew 143% YoY as reported on December 15, 2021.","Acquisition of SkyNet Telecom announced on January 5, 2022.","Investor presentation posted on corporate website; management to update periodically.","Company focuses on UCaaS solutions for SMB market."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1078406.9999999998,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":383516,"accession_number":"0001213900-22-000956","cik":1014052,"company_name":"Digerati Technologies, Inc.","ticker":"DTGI","form_type":"8-K","filed_at":"2022-01-06T23:59:59+00:00","items":["1.01","2.02","3.02","9.01"],"status":"ready","headline":"Digerati closes $5.8M acquisition of SkyNet Telecom; adds $3.4M annual revenue","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Acquired SkyNet Telecom for $5.8M: $4.1M cash, $1M stock, $600K earn-out, $100K holdback.","SkyNet adds $3.4M in annual revenue; consolidated pro forma revenue of $18.5M.","Texas customer base grows 215% to 737 business customers; total subscribers exceed 3,100.","SkyNet expected to immediately contribute positively to EBITDA and operating income.","Acquisition funded via $20M Post Road Group financing facility."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1078406.9999999998,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":401325,"accession_number":"0001213900-21-067306","cik":1014052,"company_name":"Digerati Technologies, Inc.","ticker":"DTGI","form_type":"8-K","filed_at":"2021-12-23T23:59:59+00:00","items":["1.01"],"status":"ready","headline":"Digerati amends credit pact with Post Road; deletes Term Loan B, adds 3% exit fee","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Amendment deletes Term Loan B and recapitalizes it; replaces Term Loan A Note with Amended & Restated Note.","Prepayment order changed: fees, accrued interest, premium, then principal; added 3% exit fee on prepaid principal.","One-time cash interest payment of $80,402.41 on Term Loan A and $26,273.03 on Term Loan B made at closing.","Delayed Draw Loan proceeds to fund telecom asset acquisition expected to close in weeks; also for working capital.","New covenant requires T3 Nevada to keep minimum $1.5M cash on hand at end of each fiscal quarter."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1078406.9999999998,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":420285,"accession_number":"0001213900-21-038450","cik":1014052,"company_name":"Digerati Technologies, Inc.","ticker":"DTGI","form_type":"8-K/A","filed_at":"2021-07-26T23:59:59+00:00","items":["2.01","9.01"],"status":"ready","headline":"Digerati files Nexogy financials; acquired UCaaS firm had $418K net loss, going concern","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Nexogy FY2020 revenue $6.35M, net loss $418K, accumulated deficit $3.08M.","Auditor expressed substantial doubt about Nexogy's ability to continue as going concern.","Working capital deficit of $2.68M; current liabilities $3.88M exceed current assets $1.20M.","Related party notes payable $3.39M as of July 31, 2020; reliance on related party financing.","Acquisition closed Nov 2020; Digerati will provide working capital; cost savings anticipated."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1078406.9999999998,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":420284,"accession_number":"0001213900-21-037243","cik":1014052,"company_name":"Digerati Technologies, Inc.","ticker":"DTGI","form_type":"8-K/A","filed_at":"2021-07-16T23:59:59+00:00","items":["2.01","9.01"],"status":"ready","headline":"Digerati files ActiveServe acquisition financials; target earned $269K net on $1.95M revenue","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Acquisition of ActiveServe closed Nov 17, 2020; total purchase price $2.555M in cash, note, and earn-out.","ActiveServe FY2020 (Jul 31): revenue $1.949M, net income $269K, total assets $523K.","ActiveServe Q1 FY2021 (Oct 31): revenue $463K (-11% YoY), net income $45K (-58% from $108K).","Digerati files pro forma combined financials for three months and year ended Jul 31, 2020.","Consulting agreements with two former ActiveServe executives at $90K/year each."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1078406.9999999998,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}