other_material
confidence high
sentiment neutral
materiality 0.55
Digital Turbine enters $150M at-the-market equity offering with RBC and Craig-Hallum
Digital Turbine, Inc.
- Up to $150M of common stock may be sold at market through RBC Capital Markets and Craig-Hallum.
- Company pays agents 3% commission on gross sales; proceeds intended for debt repayment or general corporate purposes.
- Sales are at-the-market on Nasdaq, with parameters set by company; no obligation to sell any shares.
- Shelf registration on Form S-3 filed same day (August 5, 2025) automatically effective.
- RBC also acts as advisor on debt refinancing.
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