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Direct Digital Holdings amends Lafayette Square term loan facility with USD 695,000 add-on loan

PUBT·08/28/2026 20:03:24
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Direct Digital Holdings amends Lafayette Square term loan facility with USD 695,000 add-on loan
  • Direct Digital Holdings amended its Term Loan Facility with Lafayette Square, adding a USD 695,000 term loan maturing Oct. 12, 2026.
  • Proceeds earmarked for a USD 15,000 interest reserve, working capital, general corporate purposes.
  • Repayment set at weekly principal installments of at least USD 20,000, rising to at least USD 100,000, with USD 175,000 due at maturity.
  • Amendment added a cash flow variance covenant, reaffirmed deadlines under an Aug. 18, 2026 waiver.
  • Total term loans outstanding under the facility stood at USD 15.5 million following 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: 0001880613-26-000109), on August 28, 2026, and is solely responsible for the information contained therein.