M&A
confidence high
sentiment neutral
materiality 0.25
Digital Turbine finalizes Fyber acquisition consideration with additional 18,000 shares
Digital Turbine, Inc.
- Second amendment to Fyber SPA settles remaining share consideration at 18,000 shares, bringing total to 5,775,299 shares.
- Sellers have transferred 525,805,997 Fyber shares (95.22%) to DT Media; no further transfer obligations.
- Mutual waiver of claims related to delays; purchasers bear economic consequences of squeeze-out from MTO.
- Shelf registration obligation deferred until sellers provide required information to DT Media.