Direct Digital Holdings adds $1 million revolving credit facility via amended Lafayette Square term loan agreement

Bitget2026/10/01 20:05

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Direct Digital Holdings entered a Fourteenth Amendment to its term loan facility, adding a revolving credit facility.
Initial revolving commitment set at up to 1 million, expandable to up to 3 million, maturing Dec. 3, 2026.
Facility intended to fund a 71,000 interest reserve, working capital, general corporate purposes.
Revolver priced at the same rate as existing term loans, subject to the same prepayment and default acceleration terms.
Term loans outstanding totaled 15.5 million, with up to 1 million of revolving availability under the amendment.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Direct Digital Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001880613-26-000111), on October 01, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Direct Digital Holdings adds $1 million revolving credit facility via amended Lafayette Square term loan agreement

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