RTB Digital, Inc. 8-K
Research Summary
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RTB Digital, Inc. Reports Majority Share Lock-Up After Combination
What Happened RTB Digital, Inc. filed an 8-K (Item 8.01) reporting that, following the consummation of its combination on May 12, 2026, the company has completed voluntary lock-up agreements covering the founders' and major investors' shares. As of July 13, 2026, the company reports 13,619,997 shares of common stock issued, outstanding and under issuance instruction, with most of those shares subject to lock-up restrictions.
Key Details
- Total shares issued and outstanding (and under issuance instruction): 13,619,997.
- Public float: approximately 15% of outstanding shares.
- Locked-up shares: approximately 85% are subject to lock-up arrangements for at least 12 months, with incremental releases thereafter.
- Lock-ups were voluntarily entered into by the applicable shareholders; filing date: July 13, 2026 (combination consummated May 12, 2026).
Why It Matters A large portion of RTB’s shares remain restricted from trading for at least a year, which limits immediate selling pressure and can affect short‑term liquidity and share supply. For retail investors, the small public float (about 15%) can mean higher share-price volatility and lower trading volume until the lock-ups release shares over time. The filing is informational and does not report earnings, leadership changes, or other financial results.
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