Financing ·
RTB Digital, Inc. entered into loan agreements to lend an aggregate of $5,500,000 at 20% annual interest, secured by…
RTBRTB Digital, Inc.
RTB Digital, Inc. entered into loan agreements to lend an aggregate of $5,500,000 at 20% annual interest, secured by borrower equity. Simultaneously, the company completed a private placement sale of 494,159 shares of common stock for gross proceeds of $5,500,000, priced at $11.13 per share. Investors received registration rights and agreed to lock-up restrictions releasing in four equal tranches between May 2027 and February 2028. RTB Digital operates in the digital advertising technology industry.