{"version":"company-facts.v1","source":"https://secwatch.observer","generated_at":"2026-06-07T17:34:00.694937+00:00","company":{"ticker":"DGII","cik":854775,"company_name":"DIGI INTERNATIONAL INC"},"pagination":{"limit":100,"returned":11,"next_cursor":null},"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer","counterparties":{"lender":[{"display_name":"BMO Bank N.A.","detail":"revolving_credit","count":1,"first_seen":"2025-08-19T23:59:59+00:00","last_seen":"2025-08-19T23:59:59+00:00","evidence_fact_ids":[42664]}]},"facts":[{"fact_type":"earnings_release","fact_key":"837545683b370e4ef451ab18b836581ab2ddc74b","cik":854775,"ticker":"DGII","company_name":"DIGI INTERNATIONAL INC","filed_at":"2026-05-06T23:59:59+00:00","payload":{"eps_text":"$0.29 per diluted share","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$11 million","period_text":"fiscal second quarter ended March 31, 2026","report_date":"2026-05-06","result_type":"reported_results","revenue_text":"$131 million"},"claim":"DIGI INTERNATIONAL INC reported fiscal second quarter ended March 31, 2026 results: revenue $131 million, net income $11 million, EPS $0.29 per diluted share.","evidence_excerpt":"its financial results for its second fiscal quarter ended March 31, 2026. Second Fiscal Quarter 2026 Results Compared to Second Fiscal Quarter 2025 Results 1 • Revenue was $131 million, an increase of 25%. • Gross profit margin was 64.0%, an increase of 190 basis points. • Operating margin was 13.1% in both periods. • Net income was $11 million, an increase of","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0000854775-26-000016","anchor_url":"https://secwatch.observer/filing/0000854775-26-000016#claim-837545683b370e4ef451ab18b836581ab2ddc74b","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/854775/000085477526000016/0000854775-26-000016-index.htm"},{"fact_type":"debt_financing","fact_key":"93f10d430962fc157c731d66bf473d1b61972c1a","cik":854775,"ticker":"DGII","company_name":"DIGI INTERNATIONAL INC","filed_at":"2025-08-19T23:59:59+00:00","payload":{"counterparty":"BMO Bank N.A., as administrative and collateral agent","effective_date":"2025-08-18","event":"incurrence","instrument_type":"revolving_credit","interest_rate_text":"Term Secured Overnight Financing Rate for a one-month interest period plus an ap","item_codes_triggered":["2.03"],"maturity_text":"December 7, 2028","principal_text":"$150 million"},"claim":"DIGI INTERNATIONAL INC incurred revolving credit of $150 million with BMO Bank N.A., as administrative and collateral agent at Term Secured Overnight Financing Rate for a one-month interest period plus an ap maturing December 7, 2028.","evidence_excerpt":"On August 18, 2025, in connection with the entry into the Merger Agreement, Digi borrowed $150 million under its existing senior secured revolving credit agreement, dated as of December 7, 2023 (the \"Credit Agreement\"), with BMO Bank N.A., as administrative and collateral agent, and the several banks and other financial institutions or entities from time-to-time party thereto as lenders.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000854775-25-000022","anchor_url":"https://secwatch.observer/filing/0000854775-25-000022#claim-93f10d430962fc157c731d66bf473d1b61972c1a","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/854775/000085477525000022/0000854775-25-000022-index.htm"},{"fact_type":"earnings_release","fact_key":"7dd43917de0d70df420299cdb582e64fe17492ab","cik":854775,"ticker":"DGII","company_name":"DIGI INTERNATIONAL INC","filed_at":"2024-05-01T23:59:59+00:00","payload":{"eps_text":"$0.11","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$4 million","period_text":"second fiscal quarter ended March 31, 2024","report_date":"2024-05-01","result_type":"reported_results","revenue_text":"$108 million"},"claim":"DIGI INTERNATIONAL INC reported second fiscal quarter ended March 31, 2024 results: revenue $108 million, net income $4 million, EPS $0.11.","evidence_excerpt":"its financial results for its second fiscal quarter ended March 31, 2024. Second Fiscal Quarter 2024 Results Compared to Second Fiscal Quarter 2023 Results • Revenue was $108 million, a decrease of 3%. • Gross profit margin was 57.9%, an increase of 130 basis points. • Net income was $4 million, compared to $6 million. • Net income per diluted share was","confidence":0.97,"filing_url":"https://secwatch.observer/filing/0000854775-24-000014","anchor_url":"https://secwatch.observer/filing/0000854775-24-000014#claim-7dd43917de0d70df420299cdb582e64fe17492ab","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/854775/000085477524000014/0000854775-24-000014-index.htm"},{"fact_type":"shareholder_vote","fact_key":"7c2157d673f7b297ccc8dde4f039cb522b3fc5a2","cik":854775,"ticker":"DGII","company_name":"DIGI INTERNATIONAL INC","filed_at":"2024-02-01T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2024-01-29","outcome":"passed","proposal_text":"Ratification of appointment of Deloitte & Touche LLP as independent registered public accounting firm","proposal_type":"auditor_ratification","results":[{"broker_non_votes":null,"subject":null,"votes_abstain":"21,549","votes_against":"15,289","votes_for":"33,994,778","votes_withheld":null}]},"claim":"DIGI INTERNATIONAL INC shareholders approved Ratification of appointment of Deloitte & Touche LLP as independent registered public accounting firm at the 2024-01-29 meeting.","evidence_excerpt":"4. The stockholders ratified the appointment of Deloitte & Touche LLP as our independent registered public accounting firm for the fiscal year ending September 30, 2024, with 33,994,778 shares voting for the proposal and 15,289 shares voting against the proposal. 21,549 shares abstained from voting on this proposal.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001104659-24-009319","anchor_url":"https://secwatch.observer/filing/0001104659-24-009319#claim-7c2157d673f7b297ccc8dde4f039cb522b3fc5a2","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/854775/000110465924009319/0001104659-24-009319-index.htm"},{"fact_type":"shareholder_vote","fact_key":"3dc7aec57024c009d031ae8d914397034bb62a75","cik":854775,"ticker":"DGII","company_name":"DIGI INTERNATIONAL INC","filed_at":"2024-02-01T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2024-01-29","outcome":"passed","proposal_text":"Non-binding advisory proposal on frequency of future advisory votes on executive compensation","proposal_type":"say_on_pay_frequency","results":[{"broker_non_votes":"2,472,247","subject":"1-year","votes_abstain":"9,136","votes_against":"12,328","votes_for":"29,298,968","votes_withheld":null},{"broker_non_votes":null,"subject":"2-year","votes_abstain":null,"votes_against":"29,298,968","votes_for":"12,328","votes_withheld":null},{"broker_non_votes":null,"subject":"3-year","votes_abstain":null,"votes_against":"29,298,968","votes_for":"2,238,937","votes_withheld":null}]},"claim":"DIGI INTERNATIONAL INC shareholders approved Non-binding advisory proposal on frequency of future advisory votes on executive compensation at the 2024-01-29 meeting.","evidence_excerpt":"3. The stockholders recommended a 1-year frequency to approve executive compensation based on a non-binding advisory proposal that received 29,298,968 for a 1-year frequency, 12,328 for a 2-year frequency and 2,238,937 for a 3-year frequency. 9,136 shares abstained from voting and there were 2,472,247 broker non-votes on this proposal.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001104659-24-009319","anchor_url":"https://secwatch.observer/filing/0001104659-24-009319#claim-3dc7aec57024c009d031ae8d914397034bb62a75","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/854775/000110465924009319/0001104659-24-009319-index.htm"},{"fact_type":"shareholder_vote","fact_key":"a58da31dbcd51b75d18059c39475675542a26f28","cik":854775,"ticker":"DGII","company_name":"DIGI INTERNATIONAL INC","filed_at":"2024-02-01T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2024-01-29","outcome":"passed","proposal_text":"Non-binding advisory proposal to approve executive compensation","proposal_type":"say_on_pay","results":[{"broker_non_votes":"2,472,247","subject":null,"votes_abstain":"14,339","votes_against":"1,403,683","votes_for":"30,141,347","votes_withheld":null}]},"claim":"DIGI INTERNATIONAL INC shareholders approved Non-binding advisory proposal to approve executive compensation at the 2024-01-29 meeting.","evidence_excerpt":"2. A non-binding advisory proposal to approve the executive compensation disclosed in our proxy statement for the Annual Meeting received advisory approval based on 30,141,347 “for” votes and 1,403,683 “against” votes. 14,339 shares abstained from voting and there were 2,472,247 broker non-votes on this proposal.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001104659-24-009319","anchor_url":"https://secwatch.observer/filing/0001104659-24-009319#claim-a58da31dbcd51b75d18059c39475675542a26f28","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/854775/000110465924009319/0001104659-24-009319-index.htm"},{"fact_type":"shareholder_vote","fact_key":"abed1f421bf86e097d646446cc27ea847432fc20","cik":854775,"ticker":"DGII","company_name":"DIGI INTERNATIONAL INC","filed_at":"2024-02-01T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2024-01-29","outcome":"passed","proposal_text":"Election of Christopher D. Heim and Sally J. Smith as directors for three-year terms","proposal_type":"director_election","results":[{"broker_non_votes":"2,472,247","subject":"Christopher D. Heim","votes_abstain":"8,628","votes_against":"5,919,901","votes_for":"25,630,840","votes_withheld":null},{"broker_non_votes":"2,472,247","subject":"Sally J. Smith","votes_abstain":"8,808","votes_against":"4,187,574","votes_for":"27,362,987","votes_withheld":null}]},"claim":"DIGI INTERNATIONAL INC shareholders approved Election of Christopher D. Heim and Sally J. Smith as directors for three-year terms at the 2024-01-29 meeting.","evidence_excerpt":"We held our Annual Meeting virtually on January 29, 2024. The final results for each of the matters submitted to a vote of stockholders at the Annual Meeting are as follows: 1. Christopher D. Heim and Sally J. Smith were elected as directors for three-year terms.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001104659-24-009319","anchor_url":"https://secwatch.observer/filing/0001104659-24-009319#claim-abed1f421bf86e097d646446cc27ea847432fc20","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/854775/000110465924009319/0001104659-24-009319-index.htm"},{"fact_type":"earnings_release","fact_key":"7f8bd7077cf45646e190498e4e9d0e3ced3c3610","cik":854775,"ticker":"DGII","company_name":"DIGI INTERNATIONAL INC","filed_at":"2024-01-31T23:59:59+00:00","payload":{"eps_text":"Net loss per diluted share was $0.08","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":null,"period_text":"first fiscal quarter ended December 31, 2023","report_date":"2024-01-31","result_type":"reported_results","revenue_text":"$106 million"},"claim":"DIGI INTERNATIONAL INC reported first fiscal quarter ended December 31, 2023 results: revenue $106 million, EPS Net loss per diluted share was $0.08.","evidence_excerpt":"First Fiscal Quarter 2024 Results Compared to First Fiscal Quarter 2023 Results • Revenue was $106 million, a decrease of 3%. • Gross profit margin was 57.6%, an increase of 130 basis points.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000854775-24-000002","anchor_url":"https://secwatch.observer/filing/0000854775-24-000002#claim-7f8bd7077cf45646e190498e4e9d0e3ced3c3610","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/854775/000085477524000002/0000854775-24-000002-index.htm"},{"fact_type":"debt_financing","fact_key":"d096d8a639ec9ba4b43a2634db3c5467bc87c1c5","cik":854775,"ticker":"DGII","company_name":"DIGI INTERNATIONAL INC","filed_at":"2023-12-11T23:59:59+00:00","payload":{"counterparty":"BMO Bank N.A.","effective_date":"2023-12-07","event":"incurrence","instrument_type":"revolving_credit","interest_rate_text":"Term SOFR with a floor of 0.00% plus an applicable margin of 1.75-2.75% for Term","item_codes_triggered":["2.03"],"maturity_text":null,"principal_text":"$250 million senior secured revolving credit facility"},"claim":"DIGI INTERNATIONAL INC incurred revolving credit of $250 million senior secured revolving credit facility with BMO Bank N.A. at Term SOFR with a floor of 0.00% plus an applicable margin of 1.75-2.75% for Term.","evidence_excerpt":"On December 7, 2023 (the “ Closing Date ”), Digi International, Inc. (“ Digi ”) entered into a revolving credit agreement (the “ Credit Agreement ”) with BMO Bank N.A. (“ BMO ”), as administrative and collateral agent, BMO Capital Markets Corp., BofA Securities, Inc. and MUFG Bank, Ltd., as joint lead arrangers and joint bookrunners, and the several banks and other financial institutions or entities from time to time party thereto as lenders (the “ Lenders ”). The Credit Agreement provides Digi with a $250 million senior secured revolving credit facility (the “ Credit Facility ”), with an uncommitted accordion feature that provides for additional borrowing capacity of up to the greater of $95 million or one hundred percent of trailing twelve month adjusted earnings before interest, taxes, depreciation, and amortization.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001104659-23-125045","anchor_url":"https://secwatch.observer/filing/0001104659-23-125045#claim-d096d8a639ec9ba4b43a2634db3c5467bc87c1c5","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/854775/000110465923125045/0001104659-23-125045-index.htm"},{"fact_type":"material_agreement","fact_key":"55b271a6c70db3e26e0176a6a9768e639a6320da","cik":854775,"ticker":"DGII","company_name":"DIGI INTERNATIONAL INC","filed_at":"2023-12-11T23:59:59+00:00","payload":{"action":"termination","agreement_name":"Third Amended and Restated Credit Agreement dated as of December 22, 2021","agreement_type":"credit_facility","counterparty":"Digi International, Inc., as the borrower, BMO Bank N.A., as administrative agent and collateral agent, BMO Capital Markets Corp., as sole lead arranger and bookrunner, and the other lenders from time-to-time party thereto","effective_date":"2023-12-07","item_codes_triggered":["1.02"],"value_text":null},"claim":"DIGI INTERNATIONAL INC terminated Third Amended and Restated Credit Agreement dated as of December 22, 2021 with Digi International, Inc., as the borrower, BMO Bank N.A., as administrative agent and collateral agent, BMO Capital Markets Corp., as sole lead arranger and bookrunner, and the other lenders from time-to-time party thereto (effective 2023-12-07).","evidence_excerpt":"On December 7, 2023, in connection with the entry into the Credit Agreement, Digi paid off all amounts due and terminated in full all commitments under the Terminated Agreement.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001104659-23-125045","anchor_url":"https://secwatch.observer/filing/0001104659-23-125045#claim-55b271a6c70db3e26e0176a6a9768e639a6320da","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/854775/000110465923125045/0001104659-23-125045-index.htm"},{"fact_type":"material_agreement","fact_key":"6c5915c312b86736e08e3eca872ab63a118ec651","cik":854775,"ticker":"DGII","company_name":"DIGI INTERNATIONAL INC","filed_at":"2023-12-11T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Credit Agreement","agreement_type":"credit_facility","counterparty":"BMO Bank N.A., as administrative and collateral agent, BMO Capital Markets Corp., BofA Securities, Inc. and MUFG Bank, Ltd., as joint lead arrangers and joint bookrunners, and the several banks and other financial institutions or entities from time to time party thereto as lenders","effective_date":"2023-12-07","item_codes_triggered":["1.01"],"value_text":"$250 million"},"claim":"DIGI INTERNATIONAL INC entered into Credit Agreement with BMO Bank N.A., as administrative and collateral agent, BMO Capital Markets Corp., BofA Securities, Inc. and MUFG Bank, Ltd., as joint lead arrangers and joint bookrunners, and the several banks and other financial institutions or entities from time to time party thereto as lenders valued at $250 million (effective 2023-12-07).","evidence_excerpt":"On December 7, 2023 (the “ Closing Date ”), Digi International, Inc. (“ Digi ”) entered into a revolving credit agreement (the “ Credit Agreement ”) with BMO Bank N.A. (“ BMO ”), as administrative and collateral agent, BMO Capital Markets Corp., BofA Securities, Inc. and MUFG Bank, Ltd., as joint lead arrangers and joint bookrunners, and the several banks and other financial institutions or entities from time to time party thereto as lenders (the “ Lenders ”).","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001104659-23-125045","anchor_url":"https://secwatch.observer/filing/0001104659-23-125045#claim-6c5915c312b86736e08e3eca872ab63a118ec651","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/854775/000110465923125045/0001104659-23-125045-index.htm"}]}