---
schema_version: "secwatch.filing_event.v1"
accession: "0001880613-26-000109"
form_type: "8-K"
ticker: "DRCT"
cik: "0001880613"
company_name: "Direct Digital Holdings, Inc."
filed_at: "2026-08-28T20:02:36+00:00"
generated_at: "2026-08-28T20:04:11.554782+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Direct Digital Holdings adds $695K term loan, total debt $15.5M, maturity Oct 2026

## Summary
- New $695,000 term loan from Lafayette Square USA, matures Oct 12, 2026; funds $15,000 interest reserve and working capital.
- Repayment: $20k weekly (Aug 31 week), then $100k weekly through Oct 5, final $175k at maturity.
- Post-amendment total term loans outstanding $15,483,340; prior balance was $14,788,340.
- Acknowledged $2,586,298 accrued interest/fees; $75k Twelfth Amendment fee and $13.5k Thirteenth fees due Sept 30, 2026.
- Amendment confirms Aug 18, 2026 waiver deadlines and adds cash-flow variance financial covenant.

## SEC filing metadata
- accession: 0001880613-26-000109
- form_type: 8-K
- ticker: DRCT
- cik: 0001880613
- company_name: Direct Digital Holdings, Inc.
- filed_at: 2026-08-28T20:02:36+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1880613/000188061326000109/0001880613-26-000109-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1880613/000188061326000109/drct-20260826.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001880613-26-000109
- JSON: https://secwatch.observer/filing/0001880613-26-000109.json
- Plain text: https://secwatch.observer/filing/0001880613-26-000109.txt

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