secwatch.observer — SEC 8-K summary
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Issuer:     Digital Turbine, Inc. (APPS)
CIK:        0000317788
Form:       8-K
Filed at:   2026-04-23T23:59:59+00:00
Accession:  0001628280-26-026827
Event type: debt
Sentiment:  negative
Materiality: 0.70
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Digital Turbine lowers liquidity covenant to $15M through Dec 2026, pays $5M amendment fee
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- Financing Agreement liquidity requirement reduced to $15M from prior level for April 1–Dec 31, 2026.
- Borrowers will pay $5M amendment fee to Term Loan A and B lenders, payable on effective date.
- Warrant amendments suspend company's registration rights obligations until October 1, 2026.
- Blue Torch Finance LLC serves as administrative and collateral agent; transaction closed April 20, 2026.
- Loan parties reaffirm security interests and release claims against lenders and agents.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/317788/000162828026026827/0001628280-26-026827-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/317788/000162828026026827/apps-20260420.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-026827

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