Digital Turbine expands revolving credit line by $125M to $525M for acquisitions and working capital

Digital Turbine, Inc.

Entered First Amendment to Credit Agreement on Dec 29, 2021, increasing revolver from $400M to $525M.
BofA, Wells Fargo, PNC, Capital One, JPMorgan, and BOKF provided the new $125M commitments.
Proceeds earmarked for working capital, permitted acquisitions, capital expenditures, and other corporate purposes.
Upfront fee of 0.25% paid to lead arranger for new commitments; existing terms and covenants largely unchanged.

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