Form 8-K
8-K — RTB Digital, Inc.
Accession: 0001185185-26-004171
Filed: 2026-09-18
Period: 2026-09-14
CIK: 0001419275
SIC: 8742 (SERVICES-MANAGEMENT CONSULTING SERVICES)
Item: Entry into a Material Definitive Agreement
Item: Financial Statements and Exhibits
Documents
8-K — rtb8k091826.htm (Primary)
EX-10.1 — EXHIBIT 10.1 (rtbex10-1.htm)
GRAPHIC (ex10-1_001.jpg)
XML — IDEA: XBRL DOCUMENT (R1.htm)
8-K — FORM 8-K
8-K (Primary)
Filename: rtb8k091826.htm · Sequence: 1
false
0001419275
0001419275
2026-09-14
2026-09-14
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
Current
Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): September 14, 2026
RTB Digital, Inc.
(Exact
name of registrant as specified in its charter)
Nevada
001-34294
22-3962936
(State
or other jurisdiction
of incorporation)
(Commission
File Number)
(I.R.S.
Employer
Identification No.)
4300 University Way, Suite C
Seattle, WA 98105
(Address of principal executive offices
and zip code)
Registrant’s
telephone number, including area code: (855) 201-1613
Check the appropriate box below if
the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to
Section 12(b) of the Exchange Act:
Title
of each class
Trading
Symbol(s)
Name
of each exchange on which registered
Common Stock, par value $0.001 per share
RTB
The
Nasdaq Stock
Market LLC
(Nasdaq Capital Market)
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☐
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 1.01. Entry into a Material Agreement
Strategic Platform Agreement
On September 14, 2026, RTB Digital, Inc., a Nevada
corporation (“RTB” or the “Company”), signed a ten-year Strategic Platform Agreement (the “Platform Agreement”)
with Paradium.AI, Inc. (f/k/a The Arena Group Holdings, Inc.) (“Paradium,” and together with RTB, the “Parties”).
The Platform Agreement will commence upon satisfaction or waiver of its closing conditions, including due diligence completion, the Company’s
successful capital raise as described below, and execution of certain definitive documents, with such closing, absent extension, currently
anticipated in Q4 2026. The Platform Agreement has an initial ten-year term. Based on forecasts, due diligence, public filings and various
business assumptions, the Company believes the Platform Agreement, together with RTB’s existing revenues and audience, could result
in approximately $100 million in annual gross revenue, reach 100 million monthly users and generate approximately $1 billion in revenue
over the ten-year term, subject to market conditions and no material adverse change affecting RTB’s sustainability.
RTB owns and operates a DeFi/AI-powered media
platform providing full-service publishing, monetization, syndication, security, data, community, reporting and payment services. Paradium
owns more than two dozen premium media brands and media technology and produces end-user content (collectively, “Partner Content”).
The purpose of the Platform Agreement is for RTB
to replace and monetize certain of Paradium’s non-content functions as part of RTBs platform and services - thus eliminating operational
overhead costs for Paradium, in exchange for revenue sharing, consistent with RTB’s core business model developed and operated by
its founders across media networks for decades. Under the Platform Agreement, Paradium’s brands and their associated revenue and
traffic will migrate to RTB’s full-stack, AI-powered digital media and business operations platform (the “Platform”),
including publishing, video, subscriptions and memberships, newsletters, advertising and ad operations, apps, distribution and syndication,
data management, digital marketing, organizational services, reporting and RTB’s Coinbase-integrated, DeFi-driven real-time payment
platform (collectively, the “Services”).
For clarity, RTB does not expect to incur incremental
expenses beyond those required to operate its core business model and to serve Paradium with other RTB customers.
RTB currently serves an enterprise network of
hundreds of third-party web properties, forming a unified coalition of premium media brands (the “Coalition”) sharing RTB’s
platform. Management expects this large-scale strategic partnership to serve as a prototype for additional large-scale partnerships, based
on the founders’ longstanding model of providing non-content operations without operating cost, in exchange for revenue sharing
from sales.
The Platform Agreement accelerates and completes
RTB’s operational capabilities, including ad operations and a scaled advertising marketplace, through Paradium’s grant of
certain licenses, intellectual property rights, shared staffing and operational resources that RTB will leverage to fulfil this Agreement
and existing and future customers. During the term, Paradium may not directly or indirectly provide third-party hosting or services competitive
with RTB.
The Platform Agreement provides for revenue sharing
from Partner Content at specified percentages based on the defined source of revenue. Third-party expenses will be borne by the Party
sourcing the expense, deducted from top-line revenue or otherwise from the shareable revenue pool. Each Party will provide sufficient
accounting information to the other.
Paradium will also license and deliver to RTB
a current copy of certain Paradium technology assets and related documentation (the “Paradium Technology”), over which RTB
will have perpetual, irrevocable control. RTB may modify, adapt, enhance or create derivative works (“Modifications”), and
the Party creating such Modifications will exclusively own all right, title and interest, including related intellectual property rights
to the Modifications. Both Parties will have perpetual, irrevocable, royalty-free licenses to use and commercialize the Paradium Technology
and Modifications thereof. Paradium will independently own and control its version but may not sell, assign or license it to a direct
competitor of Paradium or RTB. RTB may not transfer or license the Paradium Technology without Paradium’s written consent, except
as part of a sale of RTB.
As consideration for the license, technology transfer
and other consideration under the Platform Agreement, RTB will issue Paradium unregistered RTB common stock valued at $11.5 million, priced
at the 10-day VWAP based on the closing prices for the five trading days before and five trading days after RTB publicly discloses the
Agreement on Form 8-K, provided the price is not below the Nasdaq Official Closing Price (“NOCP”) or the average NOCP for
the five trading days preceding execution. Paradium has agreed to certain restrictions on sales of these shares.
Purchase of Minority Interest in Paradium
RTB entered into an agreement with Simplify Inventions,
LLC and MBX Capital Aren, LLC (collectively, “Simplify”) to acquire from them approximately 49.5% of the issued and outstanding
shares of common stock of Paradium, subject to adjustment to maintain RTB’s ownership below 50%. The $89,555,638 purchase price
consists of (i) RTB’s existing $10 million deposit; (ii) $6 million in RTB common stock, priced at the 10-day VWAP based on the
five trading days before and after public disclosure on Form 8-K, but not below the NOCP or average NOCP for the five trading days preceding
execution; and (iii) $73,555,638 in cash at Closing. The RTB shares will include a Seller put option exercisable beginning 120 days after
Closing, collateralized by RTB’s revenue share under the Platform Agreement. Simplify will retain approximately 23% of its outstanding
common stock. Completion of the share purchase, including RTB raising the capital required to fund the purchase price, is a condition
to consummation of the Platform Agreement.
1
Clarifying Points
● RTB
is not buying Paradium, is not making a tender offer, and is not buying any shares from
Paradium or the open market. The minority position transaction is a condition of closure.
● The
incremental premium to the market price will be capitalized by RTB and amortized against
the value of the ten-year agreement, on which RTB expects ROI payback within two years, from
the margin driven from the incremental revenue.
● RTB
is not taking on any additional or incremental expenses not required to operate its core
business. All functions the Company is providing to Paradium are needed to operate the comprehensive
platform and $100 million marketplace of digital media properties. The agreement simply accelerates
the buildout for RTB, pairing it with existing traffic and revenue rather than requiring
a lengthy and expensive growth ramp.
● Cost
savings: The parties agreed to share duplicative G/A, including senior executive management
duties, such as accounting, legal, compliance and other duplicative roles and costs.
● The
combined 100 million monthly users forecasted for RTB by Q4, along with the forecasted
$100 million annualized revenue, creates an instant marketplace for all RTB enterprise customers,
saving years of buildout.
● Market-level
pricing, achieved for RTB customers through this partnership and marketplace, saves years
of dilution, meetings, underperformance and approval cycles, solving digital media’s
classic “chicken-and-egg” problem by providing a mature marketplace and pricing
to all RTB enterprise partners.
Summary: As a result of this partnership,
RTB believes that years of losses to reach critical mass are prevented, execution risk is dramatically mitigated, expert executive team
is reunited, and enterprise partners of RTB can now enjoy the best of all worlds - what RTB believes to be the most advanced, “SaaS
cost eliminating” AI/DeFi technology in the marketplace, acquisition of real-world capabilities fully established and proven over
years at Paradium, and EBITDA+ results, as the result of full scale marketplace and audience.
Forward-Looking Statements
This
Current Report on form 8-K includes information that constitutes forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking
statements are based on the Company's current beliefs, assumptions and expectations regarding future events, which in turn are based
on information currently available to the Company. Such forward-looking statements include statements that are characterized by
future or conditional words such as "may," "will," "expect," "intend,"
"anticipate," "believe," “forecast,” "estimate," and "continue" or similar
words. You should read statements that contain these words carefully because they discuss future expectations and plans, which
contain projections of future results of operations or financial condition or state other forward-looking information. Such
forward-looking statements include statements regarding the accretive transactions undertaken in 2026 and future operations and
revenues of the company. By their nature, forward-looking statements address matters that are subject to risks and uncertainties. A
variety of factors could cause actual events and results to differ materially from those expressed in or contemplated by the
forward-looking statements, such as the company being able to maintain its listing on Nasdaq for the common stock, having sufficient
capital for its acquisitions, operations and business expansion, and developing its business and capturing users for its services.
Annualized and longer period revenue and business estimates are subject to the effect of macroeconomic events, to industry changes,
to competitive forces, to client development and retention, to capital availability, and to many other operational factors;
therefore, any financial forecasts offered by the Company must take into account the fact that the underlying assumptions may
significantly change over time and projected results may substantively increase or decrease. Other risk factors affecting the
Company are discussed in detail in the Company's filings with the U.S. Securities and Exchange Commission. The Company undertakes no
obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or
otherwise, except to the extent required by applicable laws.
2
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit No.
Name of Exhibit
10.1*
Strategic Platform Agreement
104*
Cover Page Interactive Data File (embedded within the inline XBRL document).
*
Filed or furnished herewith
3
SIGNATURES
Pursuant to the requirements
of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.
RTB Digital, Inc.
By:
/s/ James Heckman
Name:
James Heckman
Title:
Chief Executive Officer
Dated: September 18, 2026
4
EX-10.1 — EXHIBIT 10.1
EX-10.1
Filename: rtbex10-1.htm · Sequence: 2
Exhibit 10.1
Execution Version
ROUNDTABLE STRATEGIC PLATFORM AGREEMENT
PARTNER
Paradium.AI, Inc. f/k/a The Arena Group Holdings, Inc.
EFFECTIVE DATE:
Upon Completion of Certain Conditions Precedent
ADDITIONAL TERMS:
All Exhibits
This RTB STRATEGIC PLATFORM AGREEMENT (“Agreement”)
is entered into by and between RTB DIGITAL, INC. also dba “Roundtable” (“RTB” or “Company”) and Paradium.AI,
Inc. f/k/a The Arena Group Holdings, Inc. (“Partner” or “Arena” or “Paradium”) effective as of the
Effective Date above (each a “Party” and collectively the “Parties”). The specific date that marks the Effective
Date, when confirmed, will be codified via an executed memorandum between the Parties. RTB acknowledges that Arena consists of multiple
affiliates and subsidiaries, and certain of Arena’s rights and/or obligations under this Agreement will be conveyed and be performed
by such subsidiaries and affiliates.
RECITALS
WHEREAS Arena owns
and/or operates various web properties and brands that run on its full service publishing, monetization, and payments platform;
WHEREAS, Arena currently
creates end-user -focused content (“Arena Content”), and third-party publishers (“Third Party Publishers”) create
end-user focused content (“Third Party Content”) (together the Arena Content and Third Party Content are the “Partner
Content”), at various Internet domain(s) (the “Domains” or “Channels”) operated by Arena, each as listed
in the Assets and Domains Exhibit (together, the Partner Content, Domains and Channels are the “Assets”) (for the avoidance
of doubt, Arena properties not listed in the Assets and Domains Exhibit are not considered Domains, Channels or Assets and are not included
in this Agreement, except pursuant to future mutually executed amendment to this Agreement by the Parties);
WHEREAS RTB provides
a full-stack digital media and business operations platform (“Platform”), including digital publishing, video, subscriptions/memberships,
newsletter, advertising, apps, internal distribution, data management, reporting, and real-time payments and payment advances in partnership
with Coinbase, among other features;
WHEREAS RTB also provides
advertising sales and related operations, syndication/distribution relationships, digital marketing, and organizational services (together
with the Platform, the “Services”);
WHEREAS RTB maintains
a network of owned and/or operated web properties that make up a unified, mutually supporting coalition of premium media properties (“Coalition”);
WHEREAS Arena wishes
to utilize RTB’s Platform and Services for its Assets and have such Assets be part of its Coalition;
WHEREAS RTB wishes
to provide its Platform and Services to Arena (at RTB’s expense) and includes Arena as part of its Coalition;
WHEREAS the Parties
wish to share revenues (among other considerations as listed in the Agreement) attributable to Arena’s Assets that utilize RTB’s
Platform, Services and Coalition;
WHEREAS, RTB will provide
certain services, as more particularly described in this Agreement, for Arena, and Arena will grant certain licenses and rights of use
to RTB in connection with the business and services and convey to RTB certain intellectual property rights, as more particularly described
in this Agreement; and
WHEREAS the Parties
also wish to enter into Employee Sharing Agreements under which employees work toward common goals of the Parties, while RTB reimburses
certain expenses (as explicitly described herein to this Agreement) that may currently be borne by Arena
AGREEMENT
Therefore, the Parties agree as follows:
1. REVENUE
SHARING. The Revenue achieved during the Term that are attributable to the Assets’ operation on the Platform (and use of related
Services) shall be shared between the Parties pursuant to the further descriptions and clarifications as set forth in the Revenue Share
and Operations Exhibit.
2. RTB
LICENSED OPERATIONS. Subject to the terms and conditions of this Agreement and all applicable laws and applicable third-party agreements,
Arena (the “Licensor”) hereby grants to RTB (the “Licensee”) the right during the Term on the Platform to use
its Services to a) publish, produce, advertise, market, promote, distribute, and provide related functions and other applicable services
for the Arena Websites (listed in the Platform Features Exhibit), pursuant to the approval and migration procedures as set forth herein
this Agreement with respect to each such website, and b) to use Arena’s systems, technologies and vendors agreement to help RTB
perform and fulfill its obligations under this Agreement. Additionally, during the term of this Agreement, except for those third-party
sites hosted by Arena as of the Effective Date, Arena shall not, directly or indirectly, engage in, third party hosting offerings, or
services that are competitive with the products and services offered by RTB as of the Effective Date. Arena hereby reserves any and all
rights that are not expressly granted to RTB in this section or elsewhere in this Agreement.
2.1 Arena
Technology. Additionally, subject to the terms and conditions of this Agreement and all applicable laws and applicable third-party
agreements, within ninety (90) days of the Effective Date, Arena shall have on the terms and subject to the conditions of this Agreement,
delivered (or cause to have been delivered) to RTB (in a mutually-agreed form and format and pursuant to an agreed upon delivery mechanism,
including as set forth herein), full, perpetual and irrevocable control of a current carbon copy of the Arena Technology, including all
Documentation included therein. In the event a third party causes a delay in the delivery of the Arena Technology past the ninety (90)
day threshold, Arena will work in good faith to deliver the remaining Arena Technology in as reasonable a time frame as commercially possible.
In any such event Arena shall deliver login credentials within thirty (30) days from the Effective Date. Each Party shall have the right
to modify, adapt, enhance, improve, or otherwise create derivative works of the Arena Technology (“Modifications”), and such
Party shall exclusively own all right, title, and interest in and to all Modifications, including all intellectual property rights therein.
As more fully outlined in the Ownership Section of this Agreement, both Parties shall have a full, perpetual, irrevocable, and royalty
free license to use, implement and take commercial advantage of the Modifications for such Party’s business operations. Notwithstanding
the foregoing, the parties acknowledge and agree that Arena shall, as it currently does, independently fully own and control without restriction
its own version of the Arena Technology, provided that Arena may not sell, assign, license, or sublicense its own version of the Arena
Technology to any direct competitor of Arena or RTB as more specifically outlined in Exhibit 11. The Parties agree that this Exhibit 11
may be updated from time to time by mutual written consent of the Parties with such signing representative to be the CEO of Arena and
the CEO of RTB, and such written consent shall not be unreasonably withheld by either party. Except as part of a sale of RTB as a whole
or by written consent of Arena, RTB may not sell, license, sub-license or otherwise transfer the Arena Technology to any third party.
For the avoidance of doubt, during the Term of the Agreement, Arena acknowledges that it will work with RTB in good faith and with reasonable
advanced notice to limit or restrict the execution of new license(s), after the Effective Date, of media content to a hosting environment
that materially impairs the traffic, audience monetization, or programmatic yields managed by RTB on the Platform. Within ninety (90)
days from the Effective Date, the Parties shall align on a mutually agreeable framework for offering Infosentience services on the RTB
Platform Coalition.
Roundtable Strategic Platform Agreement - page 2
In exercising the foregoing
rights (and resulting obligations pursuant to this Agreement), RTB shall incur and pay all expenses or reimburse Arena for its payment
of such expenses related to such operations (including but not limited to applicable vendor and employee costs, as defined between the
parties in the Expense Payment Schedule Exhibit and Additional Terms Exhibit , which the parties agree may be updated from time to time
upon the mutual consent of the Parties. For existing vendors of Arena, in any interim period while RTB utilizes such Arena vendor agreements
(for sole purpose of supporting Arena) either within or alongside its Platform, then a) RTB and Arena shall cooperate in good faith with
respect to a) transitioning the vendor relationship and agreement from Arena to RTB - both legally and operationally, and b) Arena shall
set RTB as Arena’s limited-purpose Agent with respect to each such vendor to operate each vendor’s services under Arena’s
then-existing Agreement (until such can be properly migrated to an RTB agreement).
As consideration for the above
license and copy transfer, among other consideration listed herein to this Agreement, within two (2) weeks of the Effective Date, which
may be mutually extend by written consent of Arena, RTB shall cause its transfer agent to issue to Arena the number of shares of RTB’s
unregistered common stock, which equals the equivalent to Eleven and One-Half Million Dollars ($11,500,000) based on 10-day rolling volume-weighted
moving average (VWAP) being the closing price of RTB common stock for the five (5) days prior to and the five (5) days after this Agreement
is publicly disclosed via Form 8-K by RTB, provided that such price per share shall not be lower than the Nasdaq Official Closing Price
(NOCP) or the average NOCP for the five trading days prior to signing this Agreement.
Upon receipt of the common stock,
Arena (along with its affiliates and entities directly or indirectly controlled by Arena) agrees that (a) it will not sell more than 10%
of the total daily trading volume of the common stock on any calendar date, (b) it will not sell any common stock within the first thirty
(30) minutes of market opening or the last thirty (30) minutes prior to market closing, and (c) it will not effect any short sale of the
common stock, enter into any hedging, short derivative or similar transaction in the common stock, or engage in any manipulation of the
price of the common stock, and (d) prior to selling any common stock, it will first offer RTB the right to purchase such common stock
at a price to be agreed by the Parties, but in no event greater than the 5-day VWAP as of the date such offer was made in writing to RTB.
RTB shall give notice of their intent to purchase the common stock within three (3) days from receipt by Arena. The Parties agree that
the above stated restrictions shall only include sales on the open market and shall not restrict Arena as it relates to insider-to-insider
trades or private off-market block trades.
Direct payment of any expenses
by RTB will arise on the terms and schedules as set in each such current agreement, and RTB represents and warrants that it will make
such payments in full in a timely and compliant manner. Reimbursed payment shall follow the procedures listed in the Expense Payment Schedule
Exhibit and Additional Terms Exhibit. RTB acknowledges and agrees that RTB will fully cover any needs/changes in Arena facilities, sales
& marketing, marketing technology, and technology costs, provided that any such increase in Employee/Payroll Expenses shall not exceed
ten percent (10%) of the prior year’s amount without RTB’s written consent. Notwithstanding the foregoing, (a) pass-through
increases in variable and fixed vendor costs as implemented by any such vendor, (b) increases in variable costs directly associated with
a growth in Arena’s business, shall not be capped at a yearly percentage increase. Arena acknowledges and agrees that it will not
materially modify or add services to their vendor agreements, absent normal annual increases, without mutual agreement between the Parties
(and in the event of dispute or urgent needs in advance of such mutual agreement, the dispute resolution procedures will be used, but
Arena is not prohibited from addresses the identified urgent need in the interim).
3. PLATFORM
SERVICES, ACCESS & MIGRATION.
3.1 Use
Terms. RTB shall provide access to the Platform and the Services, subject to the terms of this Agreement. Except as expressly provided
otherwise in this Agreement, this Agreement is subject to the Platform Use Terms (“Platform Use Terms”), explicitly incorporated
herein as the Platform Use Terms Exhibit. For the avoidance of doubt, these Platform Use Terms may only be changed pursuant to a mutually
executed amendment to this Agreement by the Parties. All capitalized terms not defined in this Agreement have the meaning outlined in
the Platform Use Terms.
3.2 The Platform. RTB will,
at its own full cost and expense, build, host, maintain, operate, and administer the Platform and Services (as defined herein). Operation
and performance of the Platform and Services will at all times meet material parity on key functions and design and the minimum standards
and levels as described herein to this Agreement, including but not limited to all structural, design, data, payments, and technological
matters with respect to the Platform and Services, including, without limitation, the list of features and responsibilities described
in the Platform Features Exhibit hereto. Costs and expenses related to RTB’s i) migration and onboarding of Assets and ii) customizations
to the Platform and/or Services pursuant to this Agreement, shall be borne entirely by RTB.
Roundtable Strategic Platform Agreement - page 3
3.3 Access
to Services and Coalition Benefits.
(a). Access; Service Level.
RTB shall make the Platform and Services available for use by Partner pursuant to secure login in accordance with the Service Level Agreement,
set forth as the Service Level Agreement Exhibit. Partner shall provide RTB with read-access login to the Partner’s Google Analytics
account or other primary analytics-measuring tool used for the Domains.
(b). Ads.txt and Traffic
Assignment. Partner grants RTB, for so long as each specific item of the Assets is successfully hosted on the Platform (i) control
of ads.txt, if and when appropriate and applicable (based on mutual assessment of the advertising operations, systems, and advertising
accounts/agreements), with respect to the Domains and (ii) by mutual agreement, the right to include the Domains in the Coalition in a
consolidated listing assembled by third-party measurement companies such as comScore, Nielsen and/or other similar services selected by
RTB. RTB will bear all costs and expenses, as may be related to such Domain listing and/or traffic assignment. For the avoidance of doubt,
Arena’s existing seats, agreements, and licenses will be maintained – including for potential use with respect to Domains
on the Platform -- until such time as proper and functional RTB substitutes can be deployed, and the Parties mutually agree to such in
writing (by authorized personnel of each Party) and the associated expenses will be deemed to accrue to and be covered by RTB. Subject
to the foregoing clauses of this section, as appropriate given each proposed action (approval not to be unreasonably withheld), Arena
will promptly execute industry standard documents required to effect this section (provided that such documents contain no ancillary terms
or potentially harmful clauses to Arena and that Arena is treated no worse than any other third-party entities in the Coalition).
3.4 Launch
and Coalition Participation.
Launch; Launch Date.
Following the Effective Date, RTB and Partner shall cooperate to jointly create and develop a plan for Migration of Domains to the RTB
Platform, including creative and design. RTB shall be responsible for its own engineering work and expenses related to Migration (including
customizations and enhancements it makes to the Platform to support the Arena Migration effort). Partner will provide RTB with all necessary
rights and access reasonably required for the Migration, as set forth on the Migration Exhibit. Migration of Domains will be done consistent
with the then-current design and feature set capabilities of the Platform and other requirements defined in the aforementioned plan. Upon
acceptance of each new website by RTB and Partner, the new website shall be made publicly available on the Platform (the “Domain
Launch,” and the date of Launch, the “Domain Launch Date”). Only upon Domain Launch Date will the revenues generated
through the Platform that are attributable to any migrated Domain be considered as Revenue under this Agreement.
3.5 Ownership.
As between the Parties, (i) Partner and its subsidiaries or affiliates owns and retains all right, title, and interest in and to the Assets,
intellectual property, versions of technology as of the date such technology is shared with RTB, Arena Content, Third Party Content that
was provided to Arena on a work-for hire (or similar) basis, Domains, Asset Data collected by Partner, and Partner trademarks and branding,
(ii) Third Party Publishers owns and retains all right, title, and interest in and to the Third Party Content (except as such was provided
to Arena on a work-for-hire or similar basis), and (iii) RTB and its Affiliates own and retain all right, title, and interest in and to
the Platform, Services, Asset Data collected by RTB, RTB and its licensors’ trademarks and branding and all software and technology
RTB uses to provide and operate the Platform and Services; provided, however, that i) Arena-provided technology into the RTB Platform
shall be considered jointly yet independently owned (such that each Party may further use at its discretion), and ii) if there is joint
development under an Employee Sharing Agreement or otherwise (for purposes of example only, integration specs and APIs, reporting systems
and interfaces, etc.) then the Parties acknowledge and agree that it is the intent for both Parties to be able to fully and independently
use such work (whether for performance under this Agreement or other purposes), and if a specific Party is deemed “owner”
of such work, including the Modifications, it grants to the other Party a royalty free, perpetual, and irrevocable license to use such
work in any manner that it deems appropriate. Asset Data collected by RTB shall be provided to Arena, and the Parties will be considered
joint controllers of such data (with Arena as an intended co-owner), and Arena is permitted to independently use such data in its discretion.
Partner maintains and will at all times during the Term maintain ownership of and all renewal obligations for the domain names associated
with the Domains. Each Party reserves all other rights not expressly granted herein.
Roundtable Strategic Platform Agreement - page 4
3.6 New
Third-Party Domains. During the Term, Arena agrees that for new third-party top-level domains (excluding those under Arena affiliates
and/or acquired by Arena or its affiliates via acquisitions) that are not currently partnered with either Party, Arena will not compete
with RTB with respect to such hosted domain opportunities.
3.7 Prior
to commencing any Migration of media content to the Platform, RTB shall have at least $7,000,000 of unrestricted cash and cash equivalents.
Following commencement of the Migration, RTB’s audited yearly and auditor-reviewed quarterly financial statements shall not contain
any going-concern qualification indicating substantial doubt regarding RTB’s ability to continue as a going concern; provided, however,
that any failure to satisfy the foregoing covenant shall be deemed cured and shall not constitute a default if RTB’s financial statements
for the subsequent fiscal quarter, as audited or reviewed as applicable, do not contain any such going-concern qualification.
4. Sale
/ License / Cessation / Removal Of Assets Or Domains By Arena. Arena’s management team may, in its sole discretion and at any
time, i) sell, ii) license (for example, for a third party to take over an Arena brand or property), or iii) cease publication of any
of its brands and/or Domains, or additionally iv) de-platform and/or lose operational license to a third-party website, so long as Arena
complies with either (a)-(d) or (e) as set forth below:
(a). In the
event of a sale, the sold publishing portion of that Domain, brand and/or Asset must remain on or promptly be migrated to, as applicable,
the RTB Platform after any such sale, under the same revenue share obligations outlined herein between buyer and RTB for the remaining
duration of the then-current Term as set forth in Section 5.1 below;
(b). Any Asset
sold or licensed, the net proceeds shall be used to pay down the then-existing debt;
(c). Any Asset
or Domain shall not be sold for under 5X trailing twelve (12) months gross revenue;
(d). No Asset
or Domain shall be sold to Authentic Brands Group, Minute Media, or their respective Affiliates, without written consent of RTB. This
list may be updated from time to time by written consent of the parties, which shall not be unreasonably withheld; or
(e). Via a properly
noticed Proxy Vote, whereby a majority (over 50%) of the then-outstanding shares are entitled to vote cast in favor of a sale of certain
Assets, Domains and/or brands under the terms set forth by management of the Company and the Arena Board of Directors.
Notwithstanding the foregoing, (i) prior to de-platforming
and/or losing operational license to a third-party website, Arena shall offer to transfer its rights to such operational licenses to RTB,
subject to the third-party’s written approval, which RTB may accept or reject in its sole discretion, and (ii) prior to ceasing
publication of any of its brands and/or Domains, Arena shall consult in good faith with RTB to explore alternative uses of such brands
and/or Domains.
Roundtable Strategic Platform Agreement - page 5
5. TERM
AND TERMINATION.
5.1 Term.
The initial Agreement term (“Initial Term”) shall commence on the Effective Date and shall continue for a period of ten (10)
years from the Effective Date, unless earlier terminated pursuant to Section 5.3 (or as a termination provision may be listed elsewhere
in the Agreement).
5.2 Renewal.
At the end of the Initial Term (and any subsequent Renewal Term), the Agreement shall be automatically extended an additional twelve (12)
months (each a “Renewal Term”), unless a Party provides written notice of non-renewal at least sixty (60) prior to the end
of the then current Term period. Together the Initial Term and Renewal Term(s) (if any) are the “Term”.
5.3 Termination.
Either Party may terminate this Agreement as follows:
(a). Termination for
Breach. If a Party materially breaches this Agreement or any side letter referenced herein, and such breach causes material harm to
the non-breaching Party, and fails to cure such breach within thirty (30) days of receipt of notice of breach from the non-breaching Party,
then the non-breaching Party may terminate this Agreement on written notice to the breaching Party, provided that, except in the instance
of a breach for non-payment, in the event RTB disagrees with a breach claimed by Arena, RTB agrees to fund an Arena-chosen, technically
qualified, and non-conflicted consultant to act as an arbitrator. Such arbitration for breach shall be completed within thirty (30) days
but no later than sixty (60) days from the receipt of notice of breach. The Parties agree that they will timely respond to matters necessary
to participate and complete the arbitration within the timeline stated herein. Breaches for non-payment shall not be subject to the arbitrator
provisions as stated herein;
(b). Termination for Uncurable
Breach. If a Party materially breaches this Agreement or any side letter referenced herein, where such breach by its nature cannot
be cured, then the Parties shall enter into a fifteen (15) day negotiating period upon notice of breach from the non-breaching Party,
whereby the Parties may (but are not obligated to) agree to a wind-down process at the non-breaching party’s option or settle on
an alternative remedy; after such fifteen (15) day period has expired, if no alternate disposition of the breach has been agreed to by
executed memorandum by authorized personnel of each Party, the non-breaching Party may terminate the Agreement on written notice to the
breaching Party;. Notwithstanding the foregoing, in the event RTB disagrees with a breach, except in the instance of a breach for non-payment,
claimed by Arena, RTB agrees to fund an Arena-chosen, technically qualified, and non-conflicted consultant to act as an arbitrator. Such
arbitration for breach shall be completed within thirty (30) days but no later than sixty (60) days from the receipt of notice of breach.
The Parties agree that they will timely respond to matters necessary to participate and complete the arbitration within the timeline stated
herein. Breaches for non-payment shall not be subject to the arbitrator provisions as stated herein;
(c). Termination for Impairment.
If a Party is subject to any form of impairment (defined as follows), the other Party may terminate the Agreement on written notice to
the impaired Party; impairment means (i) a petition is filed, or any case, proceeding or other action is commenced against a Party seeking
to have an order for relief entered against it as debtor, or seeking reorganization, arrangement, adjustment, liquidation, dissolution,
or composition of its debts or other relief under any law relating to bankruptcy, insolvency, arrangement, reorganization, receivership,
or other debtor relief under the laws of the United States or any state or other competent jurisdiction and such proceeding is not dismissed
within ninety (90) days after the commencement thereof; or (ii) a court of competent jurisdiction enters an order for relief against a
Party as debtor, or an order, judgment or decree is entered appointing, with or without the consent or contest of a Party, a receiver,
trustee, custodian or other similar official for it, or for all or any part of its assets or properties, and such petition, case, proceeding,
action, order, judgment or decree is not be dismissed within ninety (90) days after being commenced;
Roundtable Strategic Platform Agreement - page 6
(d). Termination for
Cause. If a Party engages in conduct that a court of competent jurisdiction determines is illegal or fraudulent that is demonstrably
and materially injurious to the other Party, or an officer or director of a Party is convicted of, or enters a plea of guilty or nolo
contendre to a felony involving fraud that is demonstrably and materially injurious to the rights or reasonable public perception of the
other Party under this Agreement, then the other Party may terminate the Agreement on written notice;
(e). Termination for
Corporate Reasons. The mutual intent of the Parties is to execute a side letter describing certain corporate actions (which actions
may be either a certain condition precedent to the Effective Date and/or a future obligation of a Party); in the event a Party does not
fulfill any of its obligations as may be listed in such executed side letter within the required time frame, then the other Party may
terminate this Agreement on written notice.
5.4 Effect
of Termination. See Platform Use Terms
5.5 Asset
Removal From Platform. Arena may reassert platform control for any Domain upon RTB’s uncured or uncurable breach of the Agreement,
provided that, before any such removal, in the event RTB disagrees with a breach claimed by Arena, RTB agrees to fund an Arena-chosen,
technically qualified, and non-conflicted consultant to act as an arbitrator. Such arbitration shall be completed within thirty (30) days
but no later than sixty (60) days from the receipt of notice of breach. The Parties agree that they will timely respond to matters necessary
to participate and complete the arbitration within the timeline stated herein
6. MISCELLANEOUS
PROVISIONS.
6.1 Choice
of Law, Venue, and Jury Trial Waiver. Delaware law governs this Agreement without regard to principles of conflicts of law. Except
as otherwise expressly provided in Sections 5.3(a), 5.3(b), and 5.5, the Parties shall each submit to the exclusive jurisdiction of the
State and Federal courts in Delaware, and expressly submit and consent in advance to such jurisdiction in any action or suit commenced
in any such court, and waive any objection that they may have based upon lack of personal jurisdiction, improper venue, or forum non conveniens
and hereby consents to the granting of such legal or equitable relief as is deemed appropriate by such court. To the fullest extent permitted
by applicable law, each Party waives its right to a jury trial of any cause of action arising out of this Agreement.
6.2 Assignment.
Either Party may assign this Agreement without the prior written consent of the other Party to i) an Affiliate, or ii) an entity that
acquires the majority of its business or assets, but the other Party shall be notified within 30 days of such assignment. Except for those
exceptions outlined herein, neither Party shall assign this Agreement without prior written consent, which shall not be unreasonably withheld.
This Agreement will benefit and bind the permitted successors and assigns of the Parties. Nothing expressed or implied in this Agreement
is intended to confer, nor shall anything herein confer, upon any person other than the parties and the respective successors or assigns
of the parties, any rights, remedies, obligations or liabilities whatsoever except as expressly set forth in this Agreement.
6.3 Expenses.
Except as stated otherwise, each Party hereto shall bear its own fees and expenses in connection with the development and execution of
this Agreement and the transactions contemplated herein.
Roundtable Strategic Platform Agreement - page 7
6.4 Entire
Agreement. The terms and conditions herein, including exhibits and schedules attached or referenced herein, constitute the entire
agreement between the Parties and supersede all previous agreements and understandings, whether oral or written, between the Parties hereto
with respect to the subject matter hereof.
6.5 Relationship
of the Parties. Nothing herein shall be construed to create a joint venture or partnership between the Parties or an agency relationship.
Except as provided in this Agreement, neither Party hereto shall have any express or implied right or authority to assume or create any
obligations or incur expenses on behalf of or in the name of the other Party or to bind the other Party to any contract, agreement, or
undertaking with any third party.
6.6 Governing
Law; Jurisdiction. This Agreement will be governed by and interpreted in accordance with the laws of the United States of America
and the laws of the State of Delaware, without reference to conflict of laws principles. In the event of a dispute, each Party submits
itself to the exclusive jurisdiction of the state and federal courts located in Delaware.
6.7 No
Public Announcements. Unless otherwise required by applicable Law or regulations (based upon the reasonable advice of counsel), neither
Party shall make any public announcements in respect of this Agreement, including any of the terms thereof, or the transactions contemplated
hereby or communicate with any news media without the other Party’s specific prior written consent (by authorized personnel of a
Party), and the Parties shall cooperate as to the timing and contents of any such agreed announcement(s).
6.8 Interpretation.
Descriptive headings are for convenience only and shall not control or affect the meaning or construction of any provision of this Agreement.
The headings contained in this Agreement are for reference purposes only and shall not affect in any way the meaning or interpretation
of this Agreement.
6.9 Waiver
and Amendment. No modification, amendment, or waiver of any provision of this Agreement will be effective unless such amendment or
waiver is made in writing and signed by authorized representatives of both Parties.
6.10 Severability.
If any provision of this Agreement shall be held or made invalid by a court decision, statute or rule, or shall be otherwise rendered
invalid, the remainder of this Agreement shall not be affected thereby.
6.11 Counterparts.
This Agreement may be executed in any number of counterparts by original signature or electronic signature, each such counterpart shall
be an original instrument, and all such counterparts together shall constitute one and the same agreement.
[Remainder of the Page Intentional Left Blank
– Signature Page to Follow]
Roundtable Strategic Platform Agreement - page 8
SIGNATURE PAGE TO ROUNDTABLE STRATEGIC PLATFORM
AGREEMENT
The parties have executed this Agreement
on the respective dates set forth below.
COMPANY:
RTB DIGITAL, INC. dba ROUNDTABLE
By:
Name:
Title:
Date:
September 14, 2026
PARTNER:
Paradium.AI, Inc.
By:
Name:
Title:
Date:
September 14, 2026
Roundtable Strategic Platform Agreement - page 9
GRAPHIC
GRAPHIC
Filename: ex10-1_001.jpg · Sequence: 3
Binary file (2191 bytes)
Download ex10-1_001.jpg
XML — IDEA: XBRL DOCUMENT
XML
Filename: R1.htm · Sequence: 8
v3.26.3
Cover
Sep. 14, 2026
Cover [Abstract]
Document Type
8-K
Amendment Flag
false
Document Period End Date
Sep. 14, 2026
Entity File Number
001-34294
Entity Registrant Name
RTB Digital, Inc.
Entity Central Index Key
0001419275
Entity Tax Identification Number
22-3962936
Entity Incorporation, State or Country Code
NV
Entity Address, Address Line One
4300 University Way
Entity Address, Address Line Two
Suite C
Entity Address, City or Town
Seattle
Entity Address, State or Province
WA
Entity Address, Postal Zip Code
98105
City Area Code
(855)
Local Phone Number
201-161
Written Communications
false
Soliciting Material
false
Pre-commencement Tender Offer
false
Pre-commencement Issuer Tender Offer
false
Title of 12(b) Security
Common Stock, par value $0.001 per share
Trading Symbol
RTB
Security Exchange Name
NASDAQ
Entity Emerging Growth Company
false
X
- Definition
Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.
+ References
No definition available.
+ Details
Name:
dei_AmendmentFlag
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Area code of city
+ References
No definition available.
+ Details
Name:
dei_CityAreaCode
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Cover page.
+ References
No definition available.
+ Details
Name:
dei_CoverAbstract
Namespace Prefix:
dei_
Data Type:
xbrli:stringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.
+ References
No definition available.
+ Details
Name:
dei_DocumentPeriodEndDate
Namespace Prefix:
dei_
Data Type:
xbrli:dateItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.
+ References
No definition available.
+ Details
Name:
dei_DocumentType
Namespace Prefix:
dei_
Data Type:
dei:submissionTypeItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Address Line 1 such as Attn, Building Name, Street Name
+ References
No definition available.
+ Details
Name:
dei_EntityAddressAddressLine1
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Address Line 2 such as Street or Suite number
+ References
No definition available.
+ Details
Name:
dei_EntityAddressAddressLine2
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the City or Town
+ References
No definition available.
+ Details
Name:
dei_EntityAddressCityOrTown
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Code for the postal or zip code
+ References
No definition available.
+ Details
Name:
dei_EntityAddressPostalZipCode
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the state or province.
+ References
No definition available.
+ Details
Name:
dei_EntityAddressStateOrProvince
Namespace Prefix:
dei_
Data Type:
dei:stateOrProvinceItemType
Balance Type:
na
Period Type:
duration
X
- Definition
A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityCentralIndexKey
Namespace Prefix:
dei_
Data Type:
dei:centralIndexKeyItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Indicate if registrant meets the emerging growth company criteria.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityEmergingGrowthCompany
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.
+ References
No definition available.
+ Details
Name:
dei_EntityFileNumber
Namespace Prefix:
dei_
Data Type:
dei:fileNumberItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Two-character EDGAR code representing the state or country of incorporation.
+ References
No definition available.
+ Details
Name:
dei_EntityIncorporationStateCountryCode
Namespace Prefix:
dei_
Data Type:
dei:edgarStateCountryItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityRegistrantName
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityTaxIdentificationNumber
Namespace Prefix:
dei_
Data Type:
dei:employerIdItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Local phone number for entity.
+ References
No definition available.
+ Details
Name:
dei_LocalPhoneNumber
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 13e
-Subsection 4c
+ Details
Name:
dei_PreCommencementIssuerTenderOffer
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14d
-Subsection 2b
+ Details
Name:
dei_PreCommencementTenderOffer
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Title of a 12(b) registered security.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b
+ Details
Name:
dei_Security12bTitle
Namespace Prefix:
dei_
Data Type:
dei:securityTitleItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the Exchange on which a security is registered.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection d1-1
+ Details
Name:
dei_SecurityExchangeName
Namespace Prefix:
dei_
Data Type:
dei:edgarExchangeCodeItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14a
-Subsection 12
+ Details
Name:
dei_SolicitingMaterial
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Trading symbol of an instrument as listed on an exchange.
+ References
No definition available.
+ Details
Name:
dei_TradingSymbol
Namespace Prefix:
dei_
Data Type:
dei:tradingSymbolItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Securities Act
-Number 230
-Section 425
+ Details
Name:
dei_WrittenCommunications
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration