---
schema_version: "secwatch.filing_event.v1"
accession: "0001666071-24-000039"
form_type: "8-K"
ticker: "CDLX"
cik: "0001666071"
company_name: "Cardlytics, Inc."
filed_at: "2024-03-18T23:59:59+00:00"
generated_at: "2026-06-04T15:17:52.212950+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Cardlytics enters $50M at-the-market offering agreement with Evercore, BofA, Cantor

## Summary
- Equity Distribution Agreement for up to $50M of common stock, filed March 18, 2024.
- Sales agents: Evercore Group, BofA Securities, Cantor Fitzgerald; commission up to 3% of gross proceeds.
- ATM shares sold via Nasdaq or other existing trading markets; no minimum obligation to sell.
- Offered under existing S-3 shelf registration (declared effective Feb. 9, 2024).
- Proceeds used for general corporate purposes, including potential acquisitions or working capital.

## SEC filing metadata
- accession: 0001666071-24-000039
- form_type: 8-K
- ticker: CDLX
- cik: 0001666071
- company_name: Cardlytics, Inc.
- filed_at: 2024-03-18T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1666071/000166607124000039/0001666071-24-000039-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1666071/000166607124000039/cdlx-20240318.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001666071-24-000039
- JSON: https://secwatch.observer/filing/0001666071-24-000039.json
- Plain text: https://secwatch.observer/filing/0001666071-24-000039.txt

## Key facts
- Material Agreements
  Cardlytics, Inc. entered into Equity Distribution Agreement with Evercore Group L.L.C., BofA Securities, Inc. and Cantor Fitzgerald & Co. valued at up to a maximum aggregate offering amount of $50.0 million (effective 2024-03-18).
  - Action: entry
  - Agreement: atm program
  - Counterparty: Evercore Group L.L.C., BofA Securities, Inc. and Cantor Fitzgerald & Co.
  - Value: up to a maximum aggregate offering amount of $50.0 million
  - Effective: 2024-03-18
  source text: On March 18, 2024, Cardlytics, Inc. (the “Company”) entered into an Equity Distribution Agreement (the “Equity Distribution Agreement”) with Evercore Group L.L.C., BofA Securities, Inc. and Cantor Fitzgerald & Co. (together, the “Sales Agents”) as sales agents, pursuant to which the Company may issue and sell, from time to time, shares of its common stock (the “ATM Shares”) up to a maximum aggregate offering amount of $50.0 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1666071/000166607124000039/0001666071-24-000039-index.htm

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