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Roundtable Clarifies Structure, Equity and Economics of 10-Year, $1 Billion Platform Partnership

Roundtable details its 10-year, $1 billion Paradium.AI platform deal as a non-control, minority investment with stock consideration and expected fast payback.

(Very High)
(Positive)
Tags
partnership

Roundtable (RTB) clarified that its 10-year, $1 billion relationship with Paradium.AI is a strategic platform partnership, not an acquisition or tender offer.

The companies have entered a 10-year Strategic Platform Agreement for Paradium.AI to migrate, operate and monetize its premium media portfolio on Roundtable’s AI/DeFi-powered MediaOS. Roundtable will purchase a minority equity interest directly from Paradium.AI’s largest shareholder, remaining below control, with no plans to consolidate or acquire majority ownership. Closing, expected in Q4 2026, is conditional on completion of the minority share purchase, including a required capital raise.

The platform agreement includes $11.5 million of Roundtable stock as consideration for technology license transfer and other elements. Roundtable expects no incremental operating expenses versus its existing model, a payback within two years from platform margin, and says the partnership could build a $100 million annual ad ecosystem and generate $1 billion over 10 years, subject to closing and market conditions.

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Positive

  • 10-year platform agreement with Paradium.AI sized at $1 billion in expected value
  • $11.5 million in RTB stock used as consideration for technology license transfer and related terms
  • Partnership forecasts a $100 million annual ad ecosystem and $1 billion over 10 years, subject to conditions
  • Company expects no incremental operating expenses beyond current model to support the Paradium.AI platform work
  • RTB expects ROI payback within two years from platform margin on the transaction

Negative

  • Closing is conditional, including a required capital raise, and is only expected in Q4 2026

News Explained

Against the required capital raise, RTB reported $492,000 of cash at June 30, 2026, equal to 14.4 days of its last reported quarterly operating cash use.

Sources and calculations
  • Available liquidity against the last reported quarterly operating outflow, in days at that rate $492,000 / ($3,104,000 / 91) = 14.4 days

Market Context

A 2.02% decline followed the Sept 17 announcement of this same 10-year agreement; today’s clarificat...
Analysis

A 2.02% decline followed the Sept 17 announcement of this same 10-year agreement; today’s clarification added the minority-share purchase, Q4 closing condition, and $11.5 million stock consideration.

Key Figures

Agreement value: $1 billion Annual gross revenue: $100 million Ad ecosystem margin: 40% +4 more
Agreement value
$1 billion
10-year platform agreement
Annual gross revenue
$100 million
Forecast marketplace revenue
Ad ecosystem margin
40%
Ad ecosystem economics
Monthly users
100 million monthly users
Forecast marketplace scale
Stock consideration
$11.5 million
Consideration for technology license transfer and other terms
Expected closing
Q4 2026
Closing remains conditional on the minority share purchase and required capital raise
ROI payback
Within two years
Expected payback from platform margin

Historical Context

1 past event · Latest: Sep 17
1 event
  1. Sep 17

    Partnership agreement

    24h Move
    -2.0%

    Announced 10-year, $1 billion platform deal with minority investment and Q4 closing conditions.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

tender offer, minority interest, amortized, form 8-k, +1 more
5 terms
tender offer regulatory
"There is no tender offer or open-market purchase."
A tender offer is a proposal made by a person or company to buy shares from existing shareholders at a set price, usually higher than the current market value, within a specific time frame. It matters to investors because it can lead to a change in ownership or control of a company, and shareholders must decide whether to sell their shares at the offered price.
View in glossary
minority interest financial
"but a minority interest, direct from the largest shareholder."
Minority interest represents the ownership share in a company held by investors or entities that do not control or have a majority of the company's voting rights. It shows the portion of the company's value that belongs to these smaller owners, similar to a partial stake in a shared ownership or partnership. For investors, understanding minority interest helps clarify how much of a company's value is attributable to outside owners, affecting overall financial health and decision-making.
amortized financial
"capitalized and amortized over the 10-year agreement"
Amortized means spreading a cost or a debt repayment into regular portions over a set period so each payment covers part of the principal and, if applicable, interest. For investors, knowing something is amortized shows how much of a company’s payments are scheduled over time, which affects cash flow, reported profits, and the remaining debt burden—similar to how a mortgage or installment plan breaks a large purchase into predictable monthly payments.
form 8-k regulatory
"described in RTB’s Current Report on Form 8-K"
A Form 8-K is a report that companies file with the government to share important news quickly, such as changes in leadership, major business deals, or financial updates. It matters because it helps investors stay informed about significant events that could affect the company's value or stock price.
defi technical
"Roundtable’s AI/DeFi-powered MediaOS"
DeFi, short for decentralized finance, is a system of financial services built on blockchain technology that operates without traditional banks or intermediaries. It allows people to borrow, lend, trade, and earn interest directly with each other through digital platforms, much like using a peer-to-peer marketplace. For investors, DeFi offers the potential for greater access, transparency, and control over their financial activities.
View in glossary

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Roundtable is not acquiring PAAI, Private Stock Sale is a Condition of Close; Partnership Yields creates a $100 Million ad ecosystem with 40% margin, for RTB Enterprise Partners.

SEATTLE, Sept. 18, 2026 (GLOBE NEWSWIRE) -- Roundtable (Nasdaq: RTB) today issued clarifying points regarding the Company’s 10-year, $1 billion agreement with The Arena Group, now Paradium.AI, to migrate, operate and monetize its premium media portfolio on Roundtable’s AI/DeFi-powered MediaOS, bringing global scale to its advanced platform.

The transaction is designed to migrate Paradium.AI’s brands, traffic and associated revenue to RTB’s full-stack, enterprise media platform, while creating immediate advertising scale for RTB’s enterprise customers. It is not an acquisition of Paradium.AI or a tender offer.

Summary of Clarifying Points

  • RTB is not buying Paradium.AI. The companies entered into a 10-year Strategic Platform Agreement only
  • There is no tender offer or open-market purchase. RTB is not buying shares from the public or company, but a minority interest, direct from the largest shareholder.
  • RTB’s investment will remain below control. The shares represent a minority interest, and there are no plans, and does not wish to consolidate or acquire majority control.
  • Closing is conditional and expected Q4 2026. Completion of the minority share purchase, including required capital raise, is a closing condition.
  • The platform agreement includes $11.5 million of RTB stock consideration. In exchange for, technology license transfer and other considerations.
  • Agreement does not add incremental expenses beyond RTB’s operating model. The functions RTB will provide Paradium.AI are the same required for other enterprise customers. The agreement simply accelerates required platform operations and staffing, with no added costs.
  • RTB expects payback within two years from Platform margin. RTB expects the premium paid for the shares purchased to be capitalized and amortized over the 10-year agreement, with ROI payback within two years.
  • The agreement is expected to create immediate marketplace scale. Based on forecasts, due diligence, public filings and assumptions, RTB believes the agreement could bring RTB’s marketplace to $100 million in annual gross revenue, 100 million monthly users and generate $1 billion over 10 years, subject to closing, market conditions and no material adverse change.

Additional terms, conditions and risk factors will be described in RTB’s Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission on September 18, 2026.

About Roundtable (RTB Digital, Inc.)

Roundtable (NASDAQ: RTB) is the world’s only AI/DeFi-powered Enterprise Media Operating System, integrating distribution, publishing, monetization, community, syndication and DeFi payment operations, powering professional and 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.

Cautionary Note Regarding Forward-Looking Statements

This press release 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," "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.

Investor Relations Contact: ir@roundtable.io
Public Relations Contact: press@roundtable.io


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Is Roundtable acquiring Paradium.AI or making a tender offer?

No. Roundtable states it is not buying Paradium.AI and there is no tender offer or open-market purchase. The companies have a 10-year Strategic Platform Agreement, and Roundtable is only purchasing a minority equity interest directly from Paradium.AI’s largest shareholder.

What kind of equity stake is Roundtable taking in Paradium.AI?

Roundtable will buy shares directly from Paradium.AI’s largest shareholder, resulting in a minority interest that remains below control. The company says there are no plans, and it does not wish, to consolidate or acquire majority control.

When is the Roundtable–Paradium.AI transaction expected to close and what are the conditions?

Closing is conditional and is expected in Q4 2026. Completion of the minority share purchase, including a required capital raise, is a closing condition for the overall transaction.

What consideration is Paradium.AI receiving from Roundtable under the platform agreement?

The platform agreement includes $11.5 million of Roundtable stock as consideration in exchange for technology license transfer and other specified considerations.

How does Roundtable describe the impact on its operating expenses?

Roundtable states that the agreement does not add incremental expenses beyond its existing operating model. The functions it will provide to Paradium.AI are the same as for other enterprise customers, and the deal is described as accelerating required platform operations and staffing without adding costs.

What marketplace scale does Roundtable believe the agreement could create?

Based on forecasts, due diligence, public filings and assumptions, Roundtable believes the agreement could bring its marketplace to $100 million in annual gross revenue, 100 million monthly users and generate $1 billion over 10 years, subject to closing, market conditions and no material adverse change.

How does Roundtable plan to account for the premium paid for Paradium.AI shares?

Roundtable expects the premium paid for the purchased shares to be capitalized and amortized over the 10-year term of the agreement, and it expects payback within two years from platform margin.

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