Digital Turbine files amended 8-K with Fyber audited financials, pro forma data

Digital Turbine, Inc.

Amendment provides historical audited financial statements of Fyber and unaudited pro forma financials for AdColony and Fyber acquisitions.
AdColony acquired for $400-425M total consideration; Fyber for up to $600M (cash, stock, earn-out).
Company restructured into three segments: On Device Media, In App Media—Fyber (Supply), In App Media—AdColony (Demand).
Product development costs for FY2021 were $20.1M, up from $12.0M in FY2020.
Filing includes updated business description combining AdColony and Fyber operations.

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