Direct Digital Holdings Inc. sold 1,000,000 shares of its Class A Common Stock to New Circle Principal Investments LLC for an aggregate cash consideration of $439,531 after a total discount of $18,359. The transactions, conducted between May 16, 2025, and August 6, 2025, exceeded five percent of the total shares issued and outstanding as of May 16, 2025. These sales were made under the Equity Reserve Facility pursuant to a Share Purchase Agreement with New Circle.
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: 0001880613-25-000088), on August 12, 2025, and is solely responsible for the information contained therein.