RTB Digital, Inc. Announces $5.5M Loan Agreements at 20% Interest

What Happened RTB Digital, Inc. (RTB) filed a Current Report on Form 8-K on September 22, 2026 disclosing that on September 16 and September 22, 2026 the company entered into loan agreements under which RTB agreed to lend certain borrowers an aggregate of $5,500,000. The loans carry an annual interest rate of 20% and are secured by equity owned by the borrowers. The company furnished the form of loan agreement as Exhibit 10.1 and also included forms related to a September 2026 private placement (subscription and registration rights agreements).

Key Details

• Aggregate loan amount: $5,500,000.
• Loan dates: agreements entered on September 16 and September 22, 2026; 8-K filed September 22, 2026.
• Interest rate: 20% per annum.
• Security: loans are secured by equity interests owned by the borrowers; form of loan agreement filed as Exhibit 10.1. Forms for a September 2026 private placement (subscription and registration rights) were also filed as exhibits.

Why It Matters

• Credit exposure and return: RTB is providing sizable short-term financing ($5.5M) and will receive a high interest rate (20%), which can boost interest income but also signals elevated credit risk associated with the borrowers.
• Collateral implications: because the loans are secured by borrower equity, defaults could result in transfer or claim on those equity interests, potentially affecting ownership or future dilution depending on how collateral remedies are exercised.
• Capital-raising context: filing of subscription and registration rights agreement forms indicates related private placement activity; investors should watch subsequent disclosures for definitive terms, closings, or any issuance of securities tied to these arrangements.