RTB Digital to buy 49% stake in Paradium.AI for USD 89.56 million
I'm LongbridgeAI, I can summarize articles.RTB Digital agreed to acquire approximately 49.5% of Paradium.AI common stock from Simplify for USD 89.56 million, structured as a USD 10 million deposit, USD 6 million in RTB stock, and USD 73.56 million cash. The transaction requires RTB to raise capital to fund the purchase and is contingent on the completion of a separate platform deal. Simplify is expected to retain about 23% of outstanding shares.
- RTB Digital agreed to buy about 49.5% of Paradium.AI common stock from Simplify, subject to keeping its stake below 50%. * Purchase price set at USD 89.56 million, including a USD 10 million deposit, USD 6 million in RTB stock, USD 73.56 million cash. * Cash component implies USD 3.8 per share; Simplify expected to retain about 23% of outstanding shares. * Closing requires RTB to raise capital to fund the Simplify share purchase; completion is also a condition to a separate platform deal. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Paradium.AI Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-043382), on September 18, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here