Teads Holding Co. — Form 8-K

Teads Holding Co. (through Malta and Cayman Borrower entities) entered into a Credit and Security Agreement dated September 30, 2026 with Sound Point Agency LLC as administrative/collateral agent for a revolving loan facility. The facility provides for advances to finance acquisition of receivables, with commitments from multiple lenders. Key terms: interest-bearing advances secured by first-priority security interest in receivables and collections; mandatory prepayments triggered by overadvances, dilution, and covenant violations; administrative oversight by OT Midco Inc. as Master Servicer; detailed amortization events tied to financial metrics (default ratios, dilution ratios, DSO, collection concentration).