Digital Turbine secures covenant relief, lowers liquidity requirement to $15M through year-end

Filed April 23, 2026 · Period ending April 20, 2026 · ~1 min read

Key Changes

• high

  Company amended credit facility to reduce minimum liquidity requirement to $15 million for April-December 2026, down from prior covenant levels. This covenant relief suggests potential near-term cash constraints and was necessary to avoid potential breach.

  Item 1.01 verify on EDGAR →
• medium

  Suspended warrant registration rights until October 2026, delaying warrant holders' ability to freely sell underlying shares. This reduces near-term dilution pressure but may signal company wants to avoid registration costs or additional share issuance during this period.

  Item 1.01 verify on EDGAR →
• medium

  Executed First Amendment to Financing Agreement with Blue Torch Finance LLC involving company and subsidiary borrowers/guarantors. Specific terms beyond liquidity covenant not disclosed in filing.

  Item 9.01 verify on EDGAR →