Roundtable (Nasdaq: RTB), the full-stack AI/DeFi enterprise media platform, today announced “insider affiliates” invested over $5 million at $11.13/share, in conjunction with the announced “i
Roundtable (Nasdaq: RTB), the full-stack AI/DeFi enterprise media platform, today announced “insider affiliates” invested over $5 million at $11.13/share, in conjunction with the announced “imminent” Strategic Commercial transaction. The partnership, according to the company, is in it "final diligence” after six months of confidential negotiations.
On March 6, 2026, the Company announced a $10 Million deposit toward what the company describes as a transformative commercial partnership - and today, Roundtable CEO James Heckman updated shareholders with “final diligence” status, to answer uncertainty in the market, providing early guidance to allay concern from investors about consummation.
“This financing, led by trusted investors who understand our platform, mission, and future trajectory,” said Roundtable CEO James Heckman, “highlights our focus on partnering with long-term believers, as demonstrated recently, with 85% of outstanding shares locked up for a year and beyond. Our soon-to-be-announced strategic partnership represents the starting gate and breadth of our transformative platform.”
Roundtable announced that on September 4, investors with relationships affiliated with insiders of the Company purchased an aggregate of 456,306 shares of its common stock, at a price of $11.13 per share, for gross proceeds of $5,078,720.
The shares were sold pursuant to Rule 506(b) of Regulation D, and are being issued as restricted stock, coupled with a registration “piggyback” rights agreement, exercisable 180 days after issuance of the shares.
The Company also confirmed it is progressing toward finalizing the strategic partnership agreement first disclosed in its Current Report on Form 8-K filed on March 25, 2026, pending completion of final diligence. The anticipated transaction will apply the previously disclosed $10 million deposit toward the transaction consideration.
Additional details regarding the private placement and the strategic partnership update are included in the Company's Current Report on Form 8-K filed with the SEC on September 8, 2026, which was submitted to the SEC.
Roundtable (NASDAQ: RTB) is the world’s only AI/DeFi-powered Enterprise Media Platform, integrating distribution, publishing, monetization, community, syndication and DeFi payment operations, powering professional a major media brands. The Web3 platform was developed over years by digital pioneers and co-founders, Eyal Hertzog, and James Heckman. For more information, visit rtb.io.
Disclosure: Roundtable and its affiliates have a direct financial interest in the securities of the company discussed. This communication should not be construed as investment advice.
