TechTarget, Inc.

TechTarget, Inc. (the “Company”) is unable to file its Quarterly Report on Form 10-Q for the quarter ended March 31, 2025 (“Form 10-Q”) within the prescribed time period without unreasonable effort or expense as a result of the delay in the completion of its audited financial statements for the fiscal year ended December 31, 2024 and related previously disclosed restatements of the Affected Financial Statements (as defined in the Current Report on Form 8-K filed on April 18, 2025) and the filing of its Annual Report on Form 10-K for the fiscal year ended December 31, 2024 (“Form 10-K”). As previously disclosed, the Company has been unable to file its Form 10-K within the prescribed time period because the Company required additional time to evaluate certain internal control deficiencies, fully align US GAAP and UK IFRS accounting, and complete the remaining technical accounting issues relating to non-cash items (including goodwill impairment, changes in contingent consideration, and amortization of intangibles, including related tax impacts). These technical accounting issues reflect certain material errors identified in the Affected Financial Statements, which the Company is working to correct in the restatements of the Affected Financial Statements. As previously disclosed, the Company has also identified, and will correct in the restatements, other out-of-period and uncorrected misstatements. The Company is continuing to work diligently on the Form 10-K, the restatements of the Affected Financial Statements, and the plans to remediate material weaknesses identified by the Company’s management in the Company’s internal control over financial reporting. Due to the delay in the filing of the Form 10-K and the completion of the restatement process, the Company is unable to prepare, review and complete the financial statements for the Form 10-Q. The Company expects to file the Form 10-Q as soon as practicable after the filing of the Form 10-K

TechTarget, Inc. (the “Company”) is unable to file its Annual Report on Form 10-K for the fiscal year ended December 31, 2024 (the “Annual Report”) within the prescribed time period without unreasonable effort or expense. The Company currently expects to file the Annual Report by April 15, 2025, within the extension period of fifteen calendar days permitted under Rule 12b-25 of the Securities Exchange Act of 1934, as amended. The Annual Report is taking more time to finalize than it traditionally would following the combination of former TechTarget, Inc. and the Informa Tech Digital Businesses, which completed on December 2, 2024. This reflects the timing of the completion of the transaction and its proximity to the fiscal year end, and the translation and alignment between US GAAP and IFRS. The Company is taking the extension period to further evaluate technical accounting matters arising while preparing its financial statements for the fiscal year ended December 31, 2024. This includes undertaking a technical assessment of the goodwill of the Industry Dive business, which was acquired in 2022. Based on preliminary information and analysis of the related technical accounting matters, the Company expects to record a pre-tax non-cash goodwill impairment charge related to the business in the range of approximately $70m to $110m in the year ended December 31, 2024. The Company will also use the additional time to complete the consolidated financial statements of the newly combined Company, including finalization of the tax provision and completion of the evaluation of all other technical accounting matters relating to the year ended December 31, 2024, and prior periods, which may or may not require prior periods to be adjusted