{"schema_version":"secwatch.filing_event.v1","accession":"0001880613-25-000065","form_type":"8-K","ticker":"DRCT","cik":"0001880613","company_name":"Direct Digital Holdings, Inc.","filed_at":"2025-07-18T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.501391+00:00","generated_at":"2026-05-18T05:50:01.775435+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Direct Digital extends credit maturity to July 31, 2025; pays $50k fee and 5% additional interest","bullets":["Fifth Amendment with East West Bank extends maturity from July 7 to July 31, 2025.","Borrowers pay $50,000 extension fee and interest at existing rate plus 5% per annum from July 7 onward.","No further advances will be made under the credit agreement.","Amendment covers Direct Digital Holdings, LLC, Colossus Media, Huddled Masses, and Orange142 as co-borrowers."],"urls":{"canonical":"https://secwatch.observer/filing/0001880613-25-000065","json":"https://secwatch.observer/filing/0001880613-25-000065.json","markdown":"https://secwatch.observer/filing/0001880613-25-000065.md","text":"https://secwatch.observer/filing/0001880613-25-000065.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1880613/000188061325000065/0001880613-25-000065-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1880613/000188061325000065/drct-20250717.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T05:50:01.775435+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}