secwatch.observer — SEC 8-K summary
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Issuer:     Digital Turbine, Inc. (APPS)
CIK:        0000317788
Form:       8-K
Filed at:   2021-08-27T23:59:59+00:00
Accession:  0001104659-21-110557
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Digital Turbine fixes AdColony earn-out at $204.5M, due Jan 15, 2022
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- Earn-out payment amount fixed at $204.5M in cash, payable on or before January 15, 2022.
- All earn-out support obligations under original Purchase Agreement eliminated.
- Amendment deletes definitions of earn-out targets, net revenue, and other contingent calculations.
- Schedules 1.2(c) and 1.2(c)(i) deleted, reflecting fixed amount.
- No other changes to Purchase Agreement remain in effect.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/317788/000110465921110557/0001104659-21-110557-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/317788/000110465921110557/tm2125814d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-110557

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer