Direct Digital Holdings, Inc. 8-K

What Happened
On April 23, 2026 Direct Digital Holdings, Inc. (DRCT) filed a Form 8-K (Item 7.01) and issued a press release disclosing that it will effect a 4-to-1 reverse stock split of its Series A common stock and Series B common stock (each $0.001 par value). The press release was furnished as Exhibit 99.1 to the filing and the report was signed by CFO Diana P. Diaz.

Key Details

• Reverse split ratio: 4-to-1 (one post-split share for every four pre-split shares).
• Affected securities: Series A common stock and Series B common stock (par value $0.001).
• Filing date: April 23, 2026 (Form 8-K, Item 7.01 furnished under Nasdaq Listing Rule 5250(b)(4)).
• Press release furnished as Exhibit 99.1 to the Form 8-K.

Why It Matters
A reverse split reduces the number of outstanding shares and typically increases the stock’s per‑share price proportionally. For investors, this can affect share count, trading liquidity, and the per‑share market price once the company announces the effective date and implements the split. Watch for follow‑up filings or announcements that state the effective date, any shareholder approvals, and adjusted share totals.