Cardlytics Inc. (NASDAQ: CDLX) has announced the complete and timely repayment of its remaining $46.1 million aggregate principal amount of 1.00% convertible senior notes due on September 15, 2025. This repayment reduces the company's debt, leaving $172.5 million in aggregate principal of its 4.25% convertible senior notes due in 2029 and $50 million drawn on its line of credit. As of August 31, 2025, Cardlytics reported cash and cash equivalents totaling $92.7 million, while maintaining compliance with all financial covenants related to its line of credit. The company emphasizes disciplined cash management as a priority and is focused on achieving positive adjusted EBITDA for the full years 2025 and 2026.
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. Cardlytics Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250915672458) on September 15, 2025, and is solely responsible for the information contained therein.