{"filing":{"accession_number":"0001880613-26-000109","cik":"0001880613","ticker":"DRCT","company_name":"Direct Digital Holdings, Inc.","form":"8-K","filing_date":"2026-08-28","report_date":"2026-08-26","primary_document":"drct-20260826.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1880613/000188061326000109/drct-20260826.htm"},"events":[{"id":30287,"run_id":27762,"accession_number":"0001880613-26-000109","anchor_item_number":"1.01","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.82,"summary":"Direct Digital Holdings entered into the Thirteenth Amendment to its Term Loan and Security Agreement on August 26, 2026, creating a new $695,000 term loan maturing October 12, 2026, with weekly repayment installments of $20,000–$100,000 and a new financial covenant.","company_name":"Direct Digital Holdings, Inc.","ticker":"DRCT","filing_date":"2026-08-28","form":"8-K","submitted_at":null,"items":[{"id":32839,"accession_number":"0001880613-26-000109","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"Direct Digital Holdings entered into the Thirteenth Amendment to its Term Loan and Security Agreement on August 26, 2026, creating a new $695,000 term loan with a maturity date of October 12, 2026. This represents a creation of a new direct financial obligation under Item 1.01. While the short maturity and aggressive repayment schedule (weekly installments of $20,000–$100,000) suggest financial stress, the core disclosed event is the issuance of new debt, not a covenant breach or going-concern issue. The amendment also references a prior waiver letter and adds a new financial covenant, indicating refinancing activity typical of debt_issuance.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-28T20:05:54.213657+00:00","company_name":"","ticker":null,"filing_date":""},{"id":32840,"accession_number":"0001880613-26-000109","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"Item 2.03 is the dedicated disclosure item for creation of direct financial obligations, typically debt issuances, credit facilities, or term loans. The filing incorporates Item 1.01 by reference, which commonly covers material acquisitions or transactions that create new financial obligations. Without access to Item 1.01 details, the most probable event is a debt issuance or credit facility arrangement, which is material to investors assessing the registrant's capital structure and financial obligations.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-28T20:05:54.213657+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":32839,"accession_number":"0001880613-26-000109","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"Direct Digital Holdings entered into the Thirteenth Amendment to its Term Loan and Security Agreement on August 26, 2026, creating a new $695,000 term loan with a maturity date of October 12, 2026. This represents a creation of a new direct financial obligation under Item 1.01. While the short maturity and aggressive repayment schedule (weekly installments of $20,000–$100,000) suggest financial stress, the core disclosed event is the issuance of new debt, not a covenant breach or going-concern issue. The amendment also references a prior waiver letter and adds a new financial covenant, indicating refinancing activity typical of debt_issuance.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-28T20:05:54.213657+00:00","company_name":"Direct Digital Holdings, Inc.","ticker":"DRCT","filing_date":"2026-08-28"},{"id":32840,"accession_number":"0001880613-26-000109","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"Item 2.03 is the dedicated disclosure item for creation of direct financial obligations, typically debt issuances, credit facilities, or term loans. The filing incorporates Item 1.01 by reference, which commonly covers material acquisitions or transactions that create new financial obligations. Without access to Item 1.01 details, the most probable event is a debt issuance or credit facility arrangement, which is material to investors assessing the registrant's capital structure and financial obligations.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-28T20:05:54.213657+00:00","company_name":"Direct Digital Holdings, Inc.","ticker":"DRCT","filing_date":"2026-08-28"}]}