Direct Digital Holdings amends term loan, adds $1M-$3M revolver; $15.5M term loans outstanding

Direct Digital Holdings, Inc.

Fourteenth Amendment provides revolving credit facility with initial commitment up to $1.0M, may increase to $3.0M, maturing Dec 3, 2026; funds $71,000 interest reserve plus working capital.
Existing term loans aggregate principal $15,483,340.08; after amendment, $15.5M term loans outstanding with up to $1.0M revolver available.
Acknowledges unpaid amounts: $120,000 Thirteenth Amendment principal due, $13,500 Thirteenth fees, $45,000 Fourteenth fees, $20,000 Fourteenth Amendment fee, $75,000 Twelfth fee.
Interest, fees, costs accrued since July 31, 2025 total $3,025,704.09; Seventh Amendment Closing Fee $1,000,000 and $85,906 Seventh Amendment Fee outstanding.
Failure to pay Section 3 amounts constitutes immediate Event of Default; Lafayette Square USA held Series A Preferred face amount $27,077,000 plus $1,912,054 accrued dividends.

This headline and bullets were generated automatically by deepseek-v4.1-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.