Direct Digital Holdings obtains $3.8M term loan to repay revolver; lender waives defaults

Direct Digital Holdings, Inc.

DDH LLC borrowed $3.8M (incl. $93K interest reserve) from Lafayette Square, maturing Oct. 30, 2025.
Proceeds used to repay and terminate the $5M East West Bank revolving credit facility.
Existing defaults on interest payments for July and Aug 2025 waived by lender.
Total term loans outstanding now $13.2M; $37,500 amendment fee and $616,795 accrued interest due Sep. 30, 2025.

item 1.01item 1.02item 2.03item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.