Common stock, par value $0.00001 per share
- Symbol
- MGNI
- Exchange
- NASDAQ
- Classification
- COMMON
- Status
- Current
Current Report · Items 1.01, 7.01, 9.01 · 8-K
Magnite, Inc.
MGNINASDAQEQUITYCurrent
Entry into a Material Definitive Agreement · Regulation FD Disclosure
Item 1.01. Entry into a Material Definitive Agreement. On October 7, 2026, Magnite, Inc. (the “Company”), a Delaware corporation, entered into that certain Amendment No. 3 (“Amendment No.…
Press release in this filing
Magnite Successfully Completes Term Loan and Revolving Credit Facility Repricing →Company context
We’re Magnite (NASDAQ: MGNI), the world’s largest independent sell-side advertising company. Publishers use our technology to monetize their content across all screens and formats including CTV, online video, display, and audio. The world’s leading agencies and brands trust our platform to access brand-safe, high-quality ad inventory and execute billions of advertising transactions each month. Anchored in bustling New York City, sunny Los Angeles, mile high Denver, historic London, colorful Singapore, and down under in Sydney, Magnite has offices across North America, EMEA, LATAM, and APAC.
Current securities
Registered securities in this filing
MAGNITE, INC. · 8-K · Filed 2026-10-07
Disclosure sections
Item 1.01Item 1.01 - Entry into Material Agreement
Item 1.01. Entry into a Material Definitive Agreement.
On October 7, 2026, Magnite, Inc. (the “Company”), a Delaware corporation, entered into that certain Amendment No. 3 (“Amendment No. 3”) to that certain Credit Agreement, dated February 6, 2024, by and among the Company, Morgan Stanley Senior Funding, Inc., as the term facility administrative agent, Citibank, N.A., as revolving facility administrative agent, collateral agent and swingline lender and the several banks and other financial institutions or entities from time to time party thereto (as amended, supplemented, amended and restated or otherwise modified from time to time, the “Credit Agreement”).
Amendment No. 3, among other things, reduces the applicable margin for the term loans bearing an interest at Term SOFR (as defined in the Credit Agreement) rate by 50 basis points to Term SOFR + 2.50% (from the previous rate of Term SOFR + 3.00%) and reduces the applicable margin for the revolving loans to Term SOFR plus a margin ranging from 2.50% - 3.00% (from the previous range of Term SOFR plus 3.50% - 4.00%).
The foregoing description of Amendment No. 3 does not purport to be complete and is qualified in its entirety by the full text of Amendment No. 3, a copy of which is attached hereto as Exhibit 10.1, which is incorporated herein by reference.
Item 7.01Item 7.01 - Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure.
On October 7, 2026, the Company issued a press release announcing entry into Amendment No. 3. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Filed exhibits (1)
Exhibit 99.1 Magnite Successfully Completes Term Loan and Revolving Credit Facility Repricing Reduces Term Loan B Interest Rate by an Additional 50 Basis Points Generates Approximately $1.8 Million in Annualized Interest Savings NEW YORK, New York - Oct.7, 2026 - Magnite (NASDAQ: MGNI), the world’s largest independent sell-side advertising company, today announced the third successful repricing of its $358 million senior secured term loan facility (Term Loan) due February 2031 and the repricing of its $175 million senior secured revolving credit facility (Revolving Credit Facility) that matures in February 2029. The Term Loan repricing reduces the interest rate by 50 basis points to Term SOFR + 2.50% (from Term SOFR + 3.00%). The rate reduction will yield approximately $1.8 million in annualized cash interest savings. The interest rate improvement represents a cumulative reduction of 250 basis points compared to the rate prior to the refinancing of the Term Loan in February of 2024. There are no changes to the maturity of the Term Loan following this repricing, and all other terms are substantially unchanged. In addition, the interest rate margin under the $175 million Revolv…
Open exhibit ↗