On August 26, 2026, Direct Digital Holdings entered into the Thirteenth Amendment to its Term Loan and Security Agreement with Lafayette Square USA, Inc., securing a new term loan of $695,000. The proceeds fund a $15,000 interest reserve and general corporate purposes. Repayment requires weekly installments starting at $20,000 on August 31, 2026, increasing to $100,000 weekly from September 7 through October 5, with a final $175,000 payment at maturity on October 12, 2026. The amendment confirms prior waiver deadlines and adds a cash flow variance covenant, bringing total outstanding term loans to $15.5 million. Direct Digital Holdings operates in the digital media and advertising industry.

Direct Digital Holdings, Inc. entered into a waiver letter with its lender and administrative agent regarding its Term Loan Facility. The lender waived noncompliance with financial covenants for the fiscal quarter ended June 30, 2026, including minimum unrestricted cash, leverage ratio, fixed charge coverage ratio, and EBITDA requirements. Additionally, the lender waived nonpayment of interest for May, June, and July 2026, deferred Twelfth Amendment fees until September 30, 2026, and extended the August 2026 interest payment deadline to September 30, 2026. The Nasdaq Hearings Panel granted an extension of the compliance deadline for the minimum stockholders’ equity requirement until September 15, 2026. Direct Digital Holdings operates in the digital media and advertising industry.

Direct Digital Holdings, Inc. reported financial results for the second quarter and first half of 2026 ending June 30, 2026. Revenue decreased 21% to $14.5 million for the six-month period, driven by a $4.5 million drop in DSP customer spending; excluding DSP revenue, sales grew 5%. The company reported a net loss of $9.2 million and an adjusted EBITDA loss of $4.9 million. As of June 30, 2026, the Company was not in compliance with certain financial covenants under its credit facility and is seeking a waiver from its lender. Cash and cash equivalents stood at $0.5 million. Direct Digital Holdings operates as an advertising and marketing technology platform.

On July 31, 2026, Direct Digital Holdings, Inc. held its Annual Meeting of Stockholders where shareholders approved the election of six directors, ratified BDO USA, P.C. as independent auditor, and amended the 2022 Omnibus Incentive Plan to increase authorized shares by 1,200,000. The company operates in the digital marketing and advertising technology industry.