secwatch.observer — SEC 8-K summary
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Issuer:     Digital Turbine, Inc. (APPS)
CIK:        0000317788
Form:       8-K
Filed at:   2025-09-02T23:59:59+00:00
Accession:  0001140361-25-033513
Event type: debt
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 1.02, 2.03, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Digital Turbine secures $430M term loan facility, raises FY26 guidance
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- New $430M four-year term loan facility fully repays prior credit facility maturing Aug 2026.
- Warrants to purchase 1,222,419 shares at $4.84 per share issued to lenders.
- FY26 revenue guidance raised to $530-535M; Non-GAAP Adj. EBITDA raised to $92-95M.
- Interest at SOFR + 7.50-8.00% or reference rate + 6.50-7.00%; quarterly principal payments of $2.6875M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/317788/000114036125033513/0001140361-25-033513-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/317788/000114036125033513/ef20054891_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-033513

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