RTB Digital (RTB) co-founder David Bailey exits board to lead Nakamoto
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
RTB Digital, Inc. reported that director and co-founder David Bailey will leave its board as of June 1, 2026. He is stepping down to focus on his role as Chief Executive Officer of Nakamoto, Inc., which trades on Nasdaq under the symbol NAKA.
The company notes that Bailey was a founding investor, participated in the latest funding round, and has worked closely with founder James Heckman on two public-company boards. His departure is explicitly stated as not due to any disagreement over RTB Digital’s operations, policies, or practices.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 5.02, 9.01
2 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Board departure effective date: June 1, 2026
Company phone number: (855) 201-1613
2 metrics
Board departure effective date
June 1, 2026
David Bailey leaves RTB Digital’s board
Company phone number
(855) 201-1613
RTB Digital principal executive offices contact
Key Terms
Emerging growth company, Nasdaq Capital Market, Chief Executive Officer, Item 5.02
4 terms
Emerging growth company regulatory
"Emerging growth company Item 5.02 Departure of Directors or Certain Officers"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
Nasdaq Capital Market financial
"Common Stock, par value $0.001 per share | | RTB | | The Nasdaq Stock Market LLC (Nasdaq Capital Market)"
The Nasdaq Capital Market is a platform where smaller, emerging companies can list their shares for trading by investors. It provides these companies with access to funding and visibility, helping them grow, much like a local marketplace where new vendors can introduce their products to potential customers. For investors, it offers opportunities to discover early-stage companies with growth potential.
Chief Executive Officer financial
"to focus on his role as Chief Executive Officer of Nakamoto, Inc."
A chief executive officer (CEO) is the top leader of a company, responsible for making major decisions, setting goals, and guiding the organization’s overall direction. Think of the CEO as the captain of a ship, steering it toward success. Investors pay close attention to the CEO because their leadership and strategy can significantly influence the company's performance and future growth.
Item 5.02 regulatory
"Item 5.02 Departure of Directors or Certain Officers; Election of Directors"
FAQ
What board change did RTB (RTB Digital, Inc.) disclose on June 1, 2026?
RTB Digital, Inc. disclosed that director and co-founder David Bailey will depart its board as of June 1, 2026. He is leaving to concentrate on his role as Chief Executive Officer of Nakamoto, Inc., another Nasdaq-listed company.
Why is RTB director David Bailey leaving the company’s board?
David Bailey is leaving RTB Digital’s board to focus on leading Nakamoto, Inc. as Chief Executive Officer. The company states his departure is a personal role-focused transition, not linked to disagreements over operations, policies, or business practices at RTB.
Did RTB Digital report any disagreements linked to David Bailey’s departure?
RTB Digital explicitly states that David Bailey’s departure from the board is not the result of any disagreement. This includes no disputes regarding the company’s operations, corporate policies, or business practices, suggesting an amicable and planned leadership change.
What role did David Bailey play at RTB Digital before leaving the board?
Before leaving RTB Digital’s board, David Bailey served as a co-founder, founding investor, and key board member. He helped launch the company, participated in its latest funding round, and collaborated closely with founder James Heckman on two public-company boards.
Which company is David Bailey focusing on after leaving RTB’s board?
After leaving RTB Digital’s board, David Bailey will focus on Nakamoto, Inc., where he serves as Chief Executive Officer. Nakamoto, Inc. is listed on Nasdaq under the symbol NAKA, and Bailey’s move centers on his leadership responsibilities there.