---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-103953"
form_type: "8-K"
ticker: "AEYE"
cik: "0001362190"
company_name: "AUDIOEYE INC"
filed_at: "2024-09-30T23:59:59+00:00"
generated_at: "2026-05-31T00:24:36.692439+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# AudioEye acquires ADA Site Compliance for $6.4M; raises FY2024 revenue guidance

## Summary
- Purchased all ADA equity for $4.0M cash plus $2.4M promissory notes; earn-out up to $1.6M based on 2025 ARR.
- Q3 2024 guidance raised: revenue $8.9M-$8.95M, adj. EBITDA $1.925M-$1.95M, adj. EPS $0.15-$0.16.
- Full-year 2024 revenue guidance increased to $35.15M-$35.25M; adj. EBITDA $6.3M-$6.45M; adj. EPS $0.51-$0.53.
- ADA acquisition expected to be accretive in Q4 2024; management expects 'Rule of 40' in Q3.
- Deal funded from cash and a loan amendment with SG Credit Partners allowing earnout and note payments.

## SEC filing metadata
- accession: 0001104659-24-103953
- form_type: 8-K
- ticker: AEYE
- cik: 0001362190
- company_name: AUDIOEYE INC
- filed_at: 2024-09-30T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.02, 2.03, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1362190/000110465924103953/0001104659-24-103953-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1362190/000110465924103953/tm2423575d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-103953
- JSON: https://secwatch.observer/filing/0001104659-24-103953.json
- Plain text: https://secwatch.observer/filing/0001104659-24-103953.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.