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Direct Digital adjourns special meeting for lack of quorum

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Direct Digital adjourns special meeting for lack of quorum

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An announcement from Direct Digital Holdings ( (DRCT) ) is now available.

On December 26, 2025, Direct Digital Holdings, Inc. convened a special meeting of stockholders but failed to achieve a quorum, as stockholders representing less than the required voting power for the company’s Class A and Class B common stock and Series A preferred stock were present or represented by proxy. As a result, no business was conducted, and the meeting was adjourned and rescheduled to reconvene virtually on January 2, 2026, with the original November 26, 2025 record date and previously submitted proxies remaining valid, underscoring the importance of greater shareholder participation for the company to proceed with voting on its outstanding proposals.

The most recent analyst rating on (DRCT) stock is a Hold with a $0.06 price target. To see the full list of analyst forecasts on Direct Digital Holdings stock, see the DRCT Stock Forecast page.

Spark’s Take on DRCT Stock

According to Spark, TipRanks’ AI Analyst, DRCT is a Neutral.

Direct Digital Holdings is facing significant financial and operational challenges, reflected in its low financial performance and valuation scores. The technical analysis indicates bearish momentum, and the potential delisting adds further risk. Strategic initiatives provide some hope, but immediate financial struggles dominate the outlook.

To see Spark’s full report on DRCT stock, click here.

More about Direct Digital Holdings

Average Trading Volume: 15,013,533

Technical Sentiment Signal: Sell

Current Market Cap: $2.18M

See more data about DRCT stock on TipRanks’ Stock Analysis page.

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