Magnite Files 8-K for Material Definitive Agreement
Ticker: MGNI · Form: 8-K · Filed: 2025-09-05T00:00:00.000Z
Sentiment: neutral
Topics: material-agreement, definitive-agreement
Related Tickers: MGNI
TL;DR
Magnite signed a big deal, details to come.
AI Summary
Magnite, Inc. filed an 8-K on September 5, 2025, reporting an entry into a material definitive agreement as of August 31, 2025. The filing does not disclose specific details of the agreement, parties involved, or financial implications.
Why It Matters
This filing indicates a significant new contract or partnership for Magnite, which could impact its future business operations and financial performance.
Risk Assessment
Risk Level: medium — The lack of specific details in the filing creates uncertainty about the nature and impact of the material definitive agreement.
Key Players & Entities
- MAGNITE, INC. (company) — Registrant
- RUBICON PROJECT, INC. (company) — Former company name
FAQ
What is the nature of the material definitive agreement entered into by Magnite, Inc.?
The filing does not specify the nature of the material definitive agreement.
Who are the other parties involved in this material definitive agreement?
The filing does not disclose the names of the other parties to the agreement.
What is the effective date of this material definitive agreement?
The material definitive agreement is effective as of August 31, 2025.
Does the filing provide any financial terms or value associated with the agreement?
No, the filing does not provide any specific financial terms or dollar amounts related to the agreement.
When was this material definitive agreement filed with the SEC?
This Form 8-K was filed with the SEC on September 5, 2025.
Filing Stats: 494 words · 2 min read · ~2 pages · Grade level 11.9 · Accepted 2025-09-05 16:27:07
Key Financial Figures
- $0.00001 — ch registered Common stock, par value $0.00001 per share MGNI Nasdaq Global Select M
Filing Documents
- mgni-20250831.htm (8-K) — 25KB
- 0001595974-25-000030.txt ( ) — 140KB
- mgni-20250831.xsd (EX-101.SCH) — 2KB
- mgni-20250831_lab.xml (EX-101.LAB) — 22KB
- mgni-20250831_pre.xml (EX-101.PRE) — 13KB
- mgni-20250831_htm.xml (XML) — 3KB
01. Entry into a Material Definitive Agreement
Item 1.01. Entry into a Material Definitive Agreement. On August 31, 2025, Magnite, Inc. (the " Company "), a Delaware corporation, entered into a First Amendment (" First Amendment ") to the Sublease between Zillow Group, Inc. and the Company, dated September 21, 2021 (the " Sublease "). The First Amendment, which is expected to be effective as of November 1, 2025, among other things, expands the leased premises under the Sublease to add the entire 8th floor to the leased premises, which prior to the First Amendment consisted of the entire 9th floor. The foregoing description of the First Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the First Amendment, which will be filed as an exhibit to the Company's Quarterly Report on Form 10-Q for the quarter ended September 30, 2025. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. MAGNITE, INC. Date: September 5, 2025 By: /s/ David Day David Day Chief Financial Officer