CDLX - Why Cardlytics Stock Is Trading Higher | Benzinga
Cardlytics, Inc. (NASDAQ:CDLX) shares are trading higher Monday after the company announced it entered into a settlement agreement with SRS and updated preliminary Q4 2023 results.
The Details:
According to the settlement agreement with SRS, Cardlytics will pay SRS $25 million in cash and issue SRS 3.6 million shares of Cardlytics common stock. For the cash payment, Cardlytics has agreed to pay $20 million in January 2024, $3 million in January 2025, and ...