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Outbrain ( (OB) ) has shared an announcement.
On February 11, 2025, Outbrain Inc.’s subsidiary, OT Midco Inc., completed a private offering of $637.5 million in senior secured notes due in 2030, surpassing the originally announced $625 million. The proceeds were used to repay the senior secured bridge facility related to Outbrain’s acquisition of Teads, alongside other associated costs. This financial move strengthens Outbrain’s market position by ensuring the stability and support of its global operations under the Teads brand.
More about Outbrain
Outbrain Inc., now operating under the Teads brand following a merger on February 3, 2025, is an omnichannel outcomes platform focused on driving full-funnel results for marketers across premium media. The company combines predictive AI technology with quality media and creative branding to deliver context-driven advertising solutions. The new Teads platform, one of the most extensive advertising platforms on the open internet, partners with over 10,000 publishers and 20,000 advertisers globally, and employs nearly 1,800 people across 36 countries.
YTD Price Performance: 1.71%
Average Trading Volume: 294,623
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $658.5M
For an in-depth examination of OB stock, go to TipRanks’ Stock Analysis page.