Digital Turbine plans to conduct a public offering of its common stock

B. Riley raises funds for business opportunities, product development

By Devika Patel

Knoxville, Tenn., Sept. 28 – Digital Turbine Inc. said it will price a public offering of common stock with a 30-day greenshoe.

B. Riley & Co., LLC is the underwriter.

Proceeds will be used for organic business opportunities, product development, general corporate purposes, working capital and capital expenditures.

Austin, Texas’ Digital Turbine offers products that enable mobile operators, application advertisers, device original equipment manufacturers and other third parties to monetize mobile content.

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