---
schema_version: "secwatch.filing_event.v1"
accession: "0001880613-26-000115"
form_type: "8-K"
ticker: "DRCT"
cik: "0001880613"
company_name: "Direct Digital Holdings, Inc."
filed_at: "2026-10-02T20:03:25+00:00"
generated_at: "2026-10-12T14:35:18.610984+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Direct Digital gets Nasdaq delist determination; trading halts Oct 5, shares headed to OTC Pink

## Summary
- Nasdaq determined to delist Direct Digital after the company failed to comply with the minimum stockholders' equity requirement under Nasdaq Listing Rule 5550(b)(1) before its extension period ended.
- Trading in Class A Common Stock (DRCT) will be suspended effective with the open of business on Monday, October 5, 2026.
- Company may appeal to the Nasdaq Listing and Hearing Review Council within 15 days of the October 1, 2026 Delist Determination; the Council may separately elect to review within 45 days.
- Nasdaq is expected to file a Form 25 with the SEC to formally delist the securities once all appeal and review periods have expired.
- Shares are expected to trade on OTC Markets' OTC Pink 'Limited Information' tier under symbol DRCT; the company warns of a material adverse effect on trading price and volume.

## SEC filing metadata
- accession: 0001880613-26-000115
- form_type: 8-K
- ticker: DRCT
- cik: 0001880613
- company_name: Direct Digital Holdings, Inc.
- filed_at: 2026-10-02T20:03:25+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1880613/000188061326000115/0001880613-26-000115-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1880613/000188061326000115/drct-20261001.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001880613-26-000115
- JSON: https://secwatch.observer/filing/0001880613-26-000115.json
- Plain text: https://secwatch.observer/filing/0001880613-26-000115.txt

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