An update from AdTheorent Holding (ADTH) is now available.
AdTheorent, Inc. has successfully prepaid and terminated its senior secured credit facilities, releasing the company from all related obligations without incurring any penalties. Concurrently, the completion of a merger has resulted in the automatic termination of the Stockholders and Amended and Restated Registration Rights Agreements, along with a reshuffle in the board of directors. James Lawson remains involved as President through a Transition Services Agreement, while the company’s certificate of incorporation and bylaws have been comprehensively amended. This strategic financial and organizational restructuring, including the merger’s finalization, was publicly announced on June 21, 2024.
Learn more about ADTH stock on TipRanks’ Stock Analysis page.
