---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-25-002909"
form_type: "8-K"
ticker: "TEAD"
cik: "0001454938"
company_name: "Teads Holding Co."
filed_at: "2025-02-03T23:59:59+00:00"
generated_at: "2026-05-27T03:57:01.372986+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Outbrain subsidiary launches $625M senior secured notes offering to refinance Teads acquisition bridge loan

## Summary
- OT Midco commenced private offering of $625.0M senior secured notes due 2030.
- Proceeds will repay bridge facility financing the Teads acquisition and pay related fees.
- Notes secured by substantially all assets of OT Midco, Outbrain, and certain international subsidiaries.
- Pro forma combined LTM revenue through Sep 30, 2024 is approximately $1.6B; net loss of $26.8M for nine months ended Sep 30, 2024.
- Offering is exempt from registration under the Securities Act; bonds not registered.

## SEC filing metadata
- accession: 0001140361-25-002909
- form_type: 8-K
- ticker: TEAD
- cik: 0001454938
- company_name: Teads Holding Co.
- filed_at: 2025-02-03T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1454938/000114036125002909/0001140361-25-002909-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1454938/000114036125002909/ny20037354x6_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-002909
- JSON: https://secwatch.observer/filing/0001140361-25-002909.json
- Plain text: https://secwatch.observer/filing/0001140361-25-002909.txt

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