0001628280-26-026827
SEC filingDigital Turbine amended its financing agreement to reduce the liquidity covenant to $15M through December 2026 and suspended warrant registration rights until October 1, 2026.
The amendments provide Digital Turbine with covenant relief by lowering the minimum liquidity requirement to $15 million through year-end 2026, signaling potential liquidity constraints that necessitated negotiation with lenders Blue Torch Finance LLC and others. This follows the original Financing Agreement dated August 29, 2025. Concurrently, amendments to warrants issued in 2025 suspend the company's registration obligations for underlying common stock resale until October 1, 2026, with holders explicitly waiving prior breaches tied to a 2025 proxy 8-K. The $5 million fee underscores the cost of this relief, while the structured changes maintain other terms intact, reaffirming guarantors' obligations and releasing past claims against agents and lenders.