Red Flags Detected
- Departure Of Ceo (new) — Board members resigned in connection with merger, though filing states resignations were not due to disagreements with company operations.
RTB Digital completes merger, installs new CEO and CFO, faces 13M share dilution
Filed May 21, 2026 · Period ending May 15, 2026 · ~1 min read
Key Changes
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high
Merger closed May 15, triggering change of control. Board reconstituted with 7 members; James Heckman appointed CEO, Alykhan Madhavji CFO. Three prior directors resigned without disagreement.
Item 5.01, 5.02 verify on EDGAR → -
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Company committed to issue up to 13.1M shares: 7.7M for convertible debt conversion, 2.1M for warrant exercises, 3.4M for stock options. Debt holders subject to 12-month lock-up; no registration rights.
Item 3.02 verify on EDGAR → -
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Certain directors had pre-existing conflicts of interest with RTB involving the merger, detailed in January 30, 2026 proxy statement page 68.
Item 2.01 verify on EDGAR →
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Generated by AI · Jun 8, 2026 5:15 AM