IPO - Direct Digital Holdings, Inc.

Form Type: 424B4

Filing Date: 2025-01-28

Corporate Action: Ipo

Type: New

Accession Number: 000162828025002779

Filing Summary: Direct Digital Holdings, Inc. is conducting a resale of 8,500,000 shares of its Class A Common Stock through a prospectus filed with the SEC. The sale is being executed by New Circle Principal Investments LLC, which may purchase up to $20 million of Class A Common Stock under terms set in a Purchase Agreement dated October 18, 2024. The shares offered here may be issued at the discretion of Direct Digital Holdings, and the selling stockholder will not provide sales proceeds to the company. New Circle may sell these shares at prevailing market prices or through negotiated transactions. As a smaller reporting company, Direct Digital Holdings benefits from reduced reporting requirements. This IPO-related prospectus outlines potential risks and obligations under the securities law, and investors are encouraged to review risk factors carefully before investing. As of January 14, 2025, the market price of the shares was $1.50 each.

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Form Type: CORRESP

Filing Date: 2025-01-27

Corporate Action: Ipo

Type: New

Accession Number: 000162828025002637

Filing Summary: Direct Digital Holdings, Inc. is seeking acceleration of the effective date for its Registration Statement on Form S-1, specifically file number 333-284344, to become effective at 4:01 p.m. Eastern time on January 28, 2025, or as soon as practicable thereafter. The company has authorized attorneys Rakesh Gopalan and David S. Wolpa from Troutman Pepper Locke LLP to manage this request. The document includes contact information for the attorneys for confirmation once the Registration Statement is effective, and it is submitted to the Securities and Exchange Commission via EDGAR.

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Form Type: S-1

Filing Date: 2025-01-17

Corporate Action: Ipo

Type: New

Accession Number: 000162828025001836

Filing Summary: Direct Digital Holdings, Inc. is filing an S-1 registration statement in relation to its planned Initial Public Offering (IPO). The document outlines the company's business model, key financials, and other pertinent details necessary for potential investors. The IPO is aimed at raising funds to support ongoing operations, enhance market penetration, and strengthen the company's capital structure. Details regarding the offering price, share structure, and use of proceeds will be finalized as the company moves forward with the registration process.

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