---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-006475"
form_type: "8-K"
ticker: "DTGI"
cik: "0001014052"
company_name: "Digerati Technologies, Inc."
filed_at: "2022-02-10T23:59:59+00:00"
generated_at: "2026-06-27T08:59:18.894868+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Digerati acquires NextLevel Internet for up to $12.9M; expects $31.5M annualized revenue

## Summary
- Total purchase price up to $12.9M: $8.9M cash, $2M unsecured notes, $2M convertible notes.
- Acquisition adds ~1,000 SMB clients in California; consolidated annualized revenue expected to reach $31.5M.
- Deal partly financed by $10M Term Loan C Note from Post Road; net proceeds of $9.75M to fund cash portion.
- NextLevel President Derek Gietzen to remain in role and join Digerati executive management team.
- Acquisition expected to be accretive to EBITDA and operating income in FY2022.

## SEC filing metadata
- accession: 0001213900-22-006475
- form_type: 8-K
- ticker: DTGI
- cik: 0001014052
- company_name: Digerati Technologies, Inc.
- filed_at: 2022-02-10T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1014052/000121390022006475/0001213900-22-006475-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1014052/000121390022006475/ea155302-8k_digerati.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-006475
- JSON: https://secwatch.observer/filing/0001213900-22-006475.json
- Plain text: https://secwatch.observer/filing/0001213900-22-006475.txt

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