<SEC-DOCUMENT>0001144204-15-023640.txt : 20150420
<SEC-HEADER>0001144204-15-023640.hdr.sgml : 20150420
<ACCEPTANCE-DATETIME>20150417190811
ACCESSION NUMBER:		0001144204-15-023640
CONFORMED SUBMISSION TYPE:	S-3/A
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20150420
DATE AS OF CHANGE:		20150417

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Digital Turbine, Inc.
		CENTRAL INDEX KEY:			0000317788
		STANDARD INDUSTRIAL CLASSIFICATION:	PATENT OWNERS & LESSORS [6794]
		IRS NUMBER:				222267658
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		S-3/A
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-202862
		FILM NUMBER:		15779307

	BUSINESS ADDRESS:	
		STREET 1:		2811 CAHUENGA BOULEVARD WEST
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90068
		BUSINESS PHONE:		(323) 472-5461

	MAIL ADDRESS:	
		STREET 1:		2811 CAHUENGA BOULEVARD WEST
		CITY:			LOS ANGELES
		STATE:			CA
		ZIP:			90068

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Mandalay Digital Group, Inc.
		DATE OF NAME CHANGE:	20120207

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	NeuMedia, Inc.
		DATE OF NAME CHANGE:	20100514

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Mandalay Media, Inc.
		DATE OF NAME CHANGE:	20071109
</SEC-HEADER>
<DOCUMENT>
<TYPE>S-3/A
<SEQUENCE>1
<FILENAME>v407519_s-3a.htm
<DESCRIPTION>S-3/A
<TEXT>
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<P STYLE="margin: 0"></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">As filed with the Securities and Exchange
Commission on April 20, 2015</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; border-bottom: Black 1.5pt double"><B> Registration
No.&nbsp;333-202862 </B></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center">&nbsp;</P>

<P STYLE="font: bold 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center">UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>
<FONT STYLE="font-size: 10pt">WASHINGTON,&nbsp;D.C. 20549</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center"></P>



<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center"></P>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center">Amendment
no. 2</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center">to</P>

<P STYLE="font: bold 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center">FORM S-3<BR>
REGISTRATION STATEMENT</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><I>UNDER</I></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><I>THE SECURITIES ACT OF 1933</I></P>

<P STYLE="font: 24pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>digital
turbine, inc.</B></FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Exact name of registrant as specified
in its charter)</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<!-- Field: Rule-Page --><DIV ALIGN="CENTER" STYLE="margin-top: 0; margin-bottom: 0"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 20%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr>
    <TD STYLE="vertical-align: top; font-size: 10pt; text-align: center; width: 50%"><b>Delaware</b></td>
    <TD STYLE="vertical-align: top; font-size: 10pt; text-align: center; width: 50%"><font style="font-size: 10pt"><b>22-2267658 </b></font></td></tr>
<tr>
    <TD STYLE="vertical-align: top; text-align: center">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><b>(State or other jurisdiction of</b></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><b>incorporation or organization)</b></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"></P></td>
    <TD STYLE="vertical-align: top; text-align: center">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><b>(I.R.S. Employer</b></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><b>Identification Number)</b></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"></P></td></tr>
</table>
<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<!-- Field: Rule-Page --><DIV ALIGN="CENTER" STYLE="margin-top: 0; margin-bottom: 0"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 20%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>





<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>1300 Guadalupe Street</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Suite #302</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Austin, Texas 78701</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(512) 387-7717</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in"><B>(Address, including
zip code, and telephone number, including area code, of registrant&rsquo;s principal executive offices)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in"></P>

<!-- Field: Rule-Page --><DIV ALIGN="CENTER" STYLE="margin-top: 0; margin-bottom: 0"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 20%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>William Stone</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Chief Executive Officer</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Digital Turbine, Inc.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>1300 Guadalupe Street</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Suite #302</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Austin, Texas 78701</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(512) 387-7717</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in"><B>(Name, address, including
zip code, and telephone number, including area code, of agent for service)</B></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B><I>With a copy to:</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Ben D. Orlanski, Esq.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Katherine J. Blair, Esq.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Manatt, Phelps &amp; Phillips, LLP</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>11355 West Olympic Boulevard</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Los Angeles, CA 90064</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(310) 312-4000</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(310) 312-4224 Facsimile</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B></B></P>

<!-- Field: Rule-Page --><DIV ALIGN="CENTER" STYLE="margin-top: 0; margin-bottom: 0"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 20%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>Approximate date of commencement of proposed
sale to the public:</B> From time to time after the effective date of this Registration Statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">If the only securities being registered
on this Form are being offered pursuant to dividend or interest reinvestment plans, please check the following box: <FONT STYLE="font-family: Wingdings">&uml;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">If any of the securities being registered
on this Form are to be offered on a delayed or continuous basis pursuant to Rule&nbsp;415 under the Securities Act of 1933, as
amended, other than securities offered only in connection with dividend or interest reinvestment plans, check the following box:
<FONT STYLE="font-family: Wingdings">x</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">If this Form is filed to register additional
securities for an offering pursuant to Rule&nbsp;462(b) under the Securities Act, please check the following box and list the Securities
Act registration statement number of the earlier effective registration statement for the same offering: <FONT STYLE="font-family: Wingdings">&uml;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">If this Form is a post-effective amendment
filed pursuant to Rule&nbsp;462(c) under the Securities Act, check the following box and list the Securities Act registration statement
number of the earlier effective registration statement for the same offering.&nbsp;&nbsp;<FONT STYLE="font-family: Wingdings">&uml;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">If this Form is a registration statement
pursuant to General Instruction I.D. or a post-effective amendment thereto that shall become effective upon filing with the Commission
pursuant to Rule&nbsp;462(e) under the Securities Act, check the following box.&nbsp;&nbsp;<FONT STYLE="font-family: Wingdings">&uml;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">If this Form is a post-effective amendment
to a registration statement filed pursuant to General Instruction I.D. filed to register additional securities or additional classes
of securities pursuant to Rule&nbsp;413(b) under the Securities Act, check the following box.&nbsp;&nbsp;<FONT STYLE="font-family: Wingdings">&uml;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Indicate by check mark whether the Registrant
is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions
of &ldquo;large accelerated filer,&rdquo; &ldquo;accelerated filer&rdquo; and &ldquo;smaller reporting company&rdquo; in Rule&nbsp;12b-2
of the Exchange Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: bottom">
    <TD>Large&nbsp;accelerated&nbsp;filer</td>
    <TD>&nbsp;</td>
    <TD><font style="font-family: Wingdings">&uml;</font></td>
    <TD>&nbsp;</td>
    <TD>Accelerated&nbsp;filer</td>
    <TD>&nbsp;</td>
    <TD><font style="font-family: Wingdings">&uml;</font></td></tr>
<tr>
    <TD>&nbsp;</td>
    <TD COLSPAN="2">&nbsp;</td>
    <TD COLSPAN="2">&nbsp;</td>
    <TD COLSPAN="2">&nbsp;</td></tr>
<tr style="vertical-align: bottom">
    <TD>Non-accelerated filer</td>
    <TD>&nbsp;</td>
    <TD><font style="font-family: Wingdings">&uml;</font>&nbsp;&nbsp;(Do not check if a smaller reporting company)</td>
    <TD>&nbsp;</td>
    <TD>Smaller&nbsp;reporting&nbsp;company</td>
    <TD>&nbsp;</td>
    <TD><font style="font-family: Wingdings">x</font></td></tr>
</table>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

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<P STYLE="margin-top: 0; margin-bottom: 0"></P>


<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">CALCULATION OF REGISTRATION FEE</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1pt solid; padding-left: 3"> Title
    of Each Class of <BR>Securities to be Registered </TD><TD STYLE="font-size: 10pt; font-weight: bold; padding-bottom: 1pt; padding-left: 3"> &nbsp; </TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid; padding-left: 3"> Amount<BR>
    to be<BR> Registered (1)(2) </TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; font-weight: bold; padding-left: 3"> &nbsp; </TD><TD STYLE="font-size: 10pt; font-weight: bold; padding-bottom: 1pt; padding-left: 3"> &nbsp; </TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid; padding-left: 3"> Proposed<BR>
    Maximum<BR> Offering Price<BR> Per Share </TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; font-weight: bold; padding-left: 3"> &nbsp; </TD><TD STYLE="font-size: 10pt; font-weight: bold; padding-bottom: 1pt; padding-left: 3"> &nbsp; </TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid; padding-left: 3"> Proposed<BR>
    Maximum<BR> Aggregate<BR> Offering&nbsp;Price (3) </TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; font-weight: bold; padding-left: 3"> &nbsp; </TD><TD STYLE="font-size: 10pt; font-weight: bold; padding-bottom: 1pt; padding-left: 3"> &nbsp; </TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid; padding-left: 3"> Amount
    of<BR> Registration Fee (4) </TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; font-weight: bold; padding-left: 3"> &nbsp; </TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 40%; font-size: 10pt; font-weight: bold; text-align: left; padding-bottom: 1pt; padding-left: 3"> Primary
    offering by registrant: </TD><TD STYLE="width: 1%; font-size: 10pt; padding-bottom: 1pt; padding-left: 3"> &nbsp; </TD>
    <TD STYLE="width: 1%; padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="width: 12%; padding-bottom: 1pt; font-size: 10pt; text-align: right; padding-left: 3"></TD><TD STYLE="width: 1%; padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="width: 1%; font-size: 10pt; padding-bottom: 1pt; padding-left: 3"> &nbsp; </TD>
    <TD STYLE="width: 1%; padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="width: 12%; padding-bottom: 1pt; font-size: 10pt; text-align: right; padding-left: 3"></TD><TD STYLE="width: 1%; padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="width: 1%; font-size: 10pt; padding-bottom: 1pt; padding-left: 3"> &nbsp; </TD>
    <TD STYLE="width: 1%; padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="width: 12%; padding-bottom: 1pt; font-size: 10pt; text-align: right; padding-left: 3"></TD><TD STYLE="width: 1%; padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="width: 1%; font-size: 10pt; padding-bottom: 1pt; padding-left: 3"> &nbsp; </TD>
    <TD STYLE="width: 1%; padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="width: 12%; padding-bottom: 1pt; font-size: 10pt; text-align: right; padding-left: 3"> &nbsp; </TD><TD STYLE="width: 1%; padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; padding-bottom: 1pt; padding-left: 3"> Common stock, par value $0.0001 per share </TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt; padding-left: 3"> &nbsp; </TD>
    <TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: right; padding-left: 3"></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt; padding-left: 3"> &nbsp; </TD>
    <TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: right; padding-left: 3"></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt; padding-left: 3"> &nbsp; </TD>
    <TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: right; padding-left: 3"></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt; padding-left: 3"> &nbsp; </TD>
    <TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: right; padding-left: 3"></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; padding-bottom: 1pt; padding-left: 3"> Preferred Stock, par value $0.0001 per share </TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt; padding-left: 3"> &nbsp; </TD>
    <TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: right; padding-left: 3"></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt; padding-left: 3"> &nbsp; </TD>
    <TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: right; padding-left: 3"></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt; padding-left: 3"> &nbsp; </TD>
    <TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: right; padding-left: 3"></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt; padding-left: 3"> &nbsp; </TD>
    <TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: right; padding-left: 3"></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; padding-bottom: 1pt; padding-left: 3"> Warrants (5) </TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt; padding-left: 3"> &nbsp; </TD>
    <TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: right; padding-left: 3"></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt; padding-left: 3"> &nbsp; </TD>
    <TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: right; padding-left: 3"></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt; padding-left: 3"> &nbsp; </TD>
    <TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: right; padding-left: 3"></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt; padding-left: 3"> &nbsp; </TD>
    <TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: right; padding-left: 3"></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; padding-bottom: 1pt; padding-left: 3"> Units (6) </TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt; padding-left: 3"> &nbsp; </TD>
    <TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: right; padding-left: 3"></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt; padding-left: 3"> &nbsp; </TD>
    <TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: right; padding-left: 3"></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt; padding-left: 3"> &nbsp; </TD>
    <TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: right; padding-left: 3"></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt; padding-left: 3"> &nbsp; </TD>
    <TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: right; padding-left: 3"></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left; padding-bottom: 1pt; padding-left: 3"> Debt Securities (7) </TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt; padding-left: 3"> &nbsp; </TD>
    <TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: right; padding-left: 3"></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt; padding-left: 3"> &nbsp; </TD>
    <TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: right; padding-left: 3"></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt; padding-left: 3"> &nbsp; </TD>
    <TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: right; padding-left: 3"></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt; padding-left: 3"> &nbsp; </TD>
    <TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: right; padding-left: 3"></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left; padding-bottom: 1pt; padding-left: 0.25in"> Total Primary Offering </TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt; padding-left: 3"> &nbsp; </TD>
    <TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: right; padding-left: 3"></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt; padding-left: 3"> &nbsp; </TD>
    <TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: right; padding-left: 3"></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt; padding-left: 3"> &nbsp; </TD>
    <TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> $ </TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: right; padding-left: 3"> 100,000,000 </TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt; padding-left: 3"> &nbsp; </TD>
    <TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> $ </TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: right; padding-left: 3"> 11,620.00 </TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; font-weight: bold; text-align: left; padding-bottom: 1pt; padding-left: 3"> Secondary offering
    by selling stockholder </TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt; padding-left: 3"> &nbsp; </TD>
    <TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: right; padding-left: 3"></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt; padding-left: 3"> &nbsp; </TD>
    <TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: right; padding-left: 3"></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt; padding-left: 3"> &nbsp; </TD>
    <TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: right; padding-left: 3"></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt; padding-left: 3"> &nbsp; </TD>
    <TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: right; padding-left: 3"></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; padding-bottom: 1pt; padding-left: 3"> Common Stock, par value $0.001 per share </TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt; padding-left: 3"> &nbsp; </TD>
    <TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: right; padding-left: 3"> 200,000 </TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt; padding-left: 3"> &nbsp; </TD>
    <TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: right; padding-left: 3"> $
                                         3.91 (8) </TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt; padding-left: 3"> &nbsp; </TD>
    <TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> $ </TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: right; padding-left: 3"> 782,000 </TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt; padding-left: 3"> &nbsp; </TD>
    <TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> $ </TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: right; padding-left: 3"> 90.87 </TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt; padding-left: 3"> Common Stock, par value $0.001
    per share, issuable <BR>upon exercise of warrants </TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt; padding-left: 3"> &nbsp; </TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; text-align: right; padding-left: 3"> 400,000
                                         (9) </TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt; padding-left: 3"> &nbsp; </TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; text-align: right; padding-left: 3"> $0.001
                                         (10) </TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt; padding-left: 3"> &nbsp; </TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; text-align: left; padding-left: 3"> $ </TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; text-align: right; padding-left: 3"> 400.00 </TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt; padding-left: 3"> &nbsp; </TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; text-align: left; padding-left: 3"> $ </TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; text-align: right; padding-left: 3"> 0.05 </TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; font-weight: bold; padding-bottom: 2.5pt; padding-left: 3"> Total </TD><TD STYLE="font-size: 10pt; padding-bottom: 2.5pt; padding-left: 3"> &nbsp; </TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="border-bottom: Black 2.5pt double; font-size: 10pt; text-align: right; padding-left: 3"> &nbsp; </TD><TD STYLE="padding-bottom: 2.5pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="font-size: 10pt; padding-bottom: 2.5pt; padding-left: 3"> &nbsp; </TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="border-bottom: Black 2.5pt double; font-size: 10pt; text-align: right; padding-left: 3"> &nbsp; </TD><TD STYLE="padding-bottom: 2.5pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="font-size: 10pt; padding-bottom: 2.5pt; padding-left: 3"> &nbsp; </TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="border-bottom: Black 2.5pt double; font-size: 10pt; text-align: right; padding-left: 3"> &nbsp; </TD><TD STYLE="padding-bottom: 2.5pt; font-size: 10pt; text-align: left; padding-left: 3"> &nbsp; </TD><TD STYLE="font-size: 10pt; padding-bottom: 2.5pt; padding-left: 3"> &nbsp; </TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-size: 10pt; text-align: left; padding-left: 3"> $ </TD><TD STYLE="border-bottom: Black 2.5pt double; font-size: 10pt; text-align: right; padding-left: 3"> 11,710.91 </TD><TD STYLE="padding-bottom: 2.5pt; font-size: 10pt; text-align: left; padding-left: 3"> * </TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> * Previously paid. </P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
    <TD STYLE="width: 0.5in">(1)</td>
    <TD>With respect to the primary offering, an indeterminate number of securities of each identified class is being registered as may from time to time be offered for sale at prices to be determined. Separate consideration may or may not be received for securities that are issuable upon exercise, conversion, or exchange of other securities or that are issued in units. In accordance with General Instruction II.D. to Form S-3, information as to each class of securities to be registered with respect to the primary offering is not specified.</td></tr>
<tr style="vertical-align: top">
    <TD>(2)</td>
    <TD>In accordance with Rule 416(a) under the Securities Act, the registrant is also registering hereunder an indeterminate number of shares that may be issued and resold resulting from stock splits, stock dividends or similar transactions.</td></tr>
<tr style="vertical-align: top">
    <TD>(3)</td>
    <TD>Omitted as to each class of securities to be registered pursuant to Rule 457(o) under the Securities Act and General Instruction II.D of Form S-3. The proposed maximum offering price per unit will be determined from time to time by the registrant in connection with, and at the time of, the issuance by the registrant of the securities registered hereunder.</td></tr>
<tr style="vertical-align: top">
    <TD>(4)</td>
    <TD>Calculated pursuant to Rule 457(o) under the Securities Act at a rate equal to $116.20 per $1,000,000 of the proposed maximum aggregate offering price.</td></tr>
<tr style="vertical-align: top">
    <TD>(5)</td>
    <TD>The warrants covered by this registration statement may be common stock warrants, preferred stock warrants or warrants to purchase debt securities, and will be issued under a warrant agreement.</td></tr>
<tr style="vertical-align: top">
    <TD>(6)</td>
    <TD>Each unit will be issued under a unit agreement and will represent an interest in two or more other securities, which may or may not be separable from one another.</td></tr>
<tr style="vertical-align: top">
    <TD>(7)</td>
    <TD>Including an indeterminate number of Debt Securities as may from time to time be issued upon conversion or exchange of any securities registered under this registration statement or upon settlement of purchase contracts.</td></tr>
<tr style="vertical-align: top">
    <TD>(8)</td>
    <TD>The price is estimated in accordance with Rule 457(c) solely for the purpose of calculating the registration fee and was calculated based on the average of the high and low trading price per share of common stock of the registrant on the NASDAQ Stock Market on March 17, 2015.</td></tr>
<tr style="vertical-align: top">
    <TD>(9)</td>
    <TD>Represents the maximum number of shares of common stock that the registrant expects could be issuable upon exercise of such warrants.</td></tr>
<tr style="vertical-align: top">
    <TD>(10)</td>
    <TD>Estimated solely for the purpose of calculating the amount of the registration fee pursuant to Rule 457(g) under the Securities Act of 1933, as amended, based on the $0.001 per share exercise price of the warrants issued March 6, 2015.</td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>The Registrant hereby amends this Registration
Statement on such date or dates as may be necessary to delay its effective date until the Registrant shall file a further amendment
which specifically states that this Registration Statement shall thereafter become effective in accordance with Section&nbsp;8(a)
of the Securities Act of 1933 or until this Registration Statement shall become effective on such date as the Commission, acting
pursuant to said Section&nbsp;8(a), may determine.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: red">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: red"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>EXPLANATORY NOTE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Digital Turbine, Inc. is filing this Amendment No. 2 (this &ldquo;Amendment&rdquo;)
to its Registration Statement on Form S-3 (Registration No. 333-202862) (the &ldquo;Registration Statement&rdquo;) as an exhibit-only
filing to file Exhibit 5.1 with the Registration Statement. Accordingly, this Amendment consists only of the facing page, this
explanatory note, Item 16 of Part II of the Registration Statement, the signature page to this Amendment, the exhibit index, and
Exhibit 5.1. The remainder of the Registration Statement is unchanged and therefore has not been included in this Amendment.</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: red"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: red">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: red">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: red">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: red">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: red"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: red">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: red"></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">PART II</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">INFORMATION NOT REQUIRED IN THE PROSPECTUS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>



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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: red"></P>

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<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.75in; text-align: left">Item 16.</TD><TD STYLE="text-align: justify">Exhibits</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt">See the Exhibit Index which is incorporated
herein by reference.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">SIGNATURES</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"> Pursuant to the requirements of the
Securities Act of 1933, the registrant certifies that it has reasonable grounds to believe that it meets all of the requirements
for filing on Form S-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of Austin, State of Texas, on April 17, 2015. </P>

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<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: justify"><B>DIGITAL TURBINE, INC.</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 50%">&nbsp;</TD>
    <TD STYLE="text-align: justify; width: 2%">&nbsp;</TD>
    <TD STYLE="text-align: justify; width: 48%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>By:&nbsp;&nbsp; </TD>
    <TD STYLE="border-bottom: Black 1pt solid">/s/&nbsp;&nbsp;William Stone</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>William Stone</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Chief Executive Officer</TD></TR>
</TABLE>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 4in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Pursuant to the requirements of the Securities
Act of 1933, this registration statement has been signed below by the following persons in the capacities and on the dates indicated.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"></P>

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B> Name
    and Signature </B></FONT></TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B> Title </B></FONT></TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><B> Date </B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="text-align: center"> &nbsp; </TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"> &nbsp; </TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"> &nbsp; </TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="width: 45%; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"> /s/&nbsp;&nbsp;William
    Stone </FONT></TD>
    <TD NOWRAP STYLE="width: 2%"> &nbsp; </TD>
    <TD NOWRAP STYLE="width: 30%; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"> Chief Executive
    Officer </FONT></TD>
    <TD NOWRAP STYLE="width: 2%"> &nbsp; </TD>
    <TD NOWRAP STYLE="width: 21%; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"> April 17, 2015 </FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"> William Stone </FONT></TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"> (Principal Executive Officer) </FONT></TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"> &nbsp; </TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"> &nbsp; </TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"> &nbsp; </TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"> /s/&nbsp;&nbsp;Andrew
    Schleimer </FONT></TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"> Chief Financial Officer </FONT></TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"> April 17, 2015 </FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"> Andrew Schleimer </FONT></TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"> (Principal Financial Officer) </FONT></TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"> &nbsp; </TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="text-align: center"> &nbsp; </TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"> &nbsp; </TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"> &nbsp; </TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="border-bottom: black 1pt solid; text-align: center"> * </TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"> Principal Financial Officer </FONT></TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"> April 17, 2015 </FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"> James Alejandro </FONT></TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"> (Principal Accounting Officer) </FONT></TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"> &nbsp; </TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"> &nbsp; </TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"> &nbsp; </TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="border-bottom: black 1pt solid; text-align: center"> * </TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"> Chairman of the Board </FONT></TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"> April 17, 2015 </FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"> Rob Deutschman </FONT></TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"> &nbsp; </TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"> &nbsp; </TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"> &nbsp; </TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"> &nbsp; </TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="border-bottom: black 1pt solid; text-align: center"> * </TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"> Director </FONT></TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"> April 17, 2015 </FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"> Paul Schaeffer </FONT></TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"> &nbsp; </TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"> &nbsp; </TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="text-align: center"> &nbsp; </TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"> &nbsp; </TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"> &nbsp; </TD></TR>
<TR>
    <TD NOWRAP STYLE="vertical-align: top; border-bottom: black 1pt solid; text-align: center"> * </TD>
    <TD NOWRAP STYLE="vertical-align: bottom"> &nbsp; </TD>
    <TD NOWRAP STYLE="vertical-align: bottom; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"> Director </FONT></TD>
    <TD NOWRAP STYLE="vertical-align: top; text-align: center"> &nbsp; </TD>
    <TD NOWRAP STYLE="vertical-align: bottom; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"> April
    17, 2015 </FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"> Christopher Rogers </FONT></TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"> &nbsp; </TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"> &nbsp; </TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="text-align: center"> &nbsp; </TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"> &nbsp; </TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"> &nbsp; </TD></TR>
<TR>
    <TD NOWRAP STYLE="vertical-align: top; border-bottom: black 1pt solid; text-align: center"> * </TD>
    <TD NOWRAP STYLE="vertical-align: bottom"> &nbsp; </TD>
    <TD NOWRAP STYLE="vertical-align: bottom; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"> Director </FONT></TD>
    <TD NOWRAP STYLE="vertical-align: top; text-align: center"> &nbsp; </TD>
    <TD NOWRAP STYLE="vertical-align: bottom; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"> April
    17, 2015 </FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"> Peter Guber </FONT></TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"> &nbsp; </TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"> &nbsp; </TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="text-align: center"> &nbsp; </TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"> &nbsp; </TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"> &nbsp; </TD></TR>
<TR>
    <TD NOWRAP STYLE="vertical-align: top; border-bottom: black 1pt solid; text-align: center"> * </TD>
    <TD NOWRAP STYLE="vertical-align: bottom"> &nbsp; </TD>
    <TD NOWRAP STYLE="vertical-align: bottom; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"> Director </FONT></TD>
    <TD NOWRAP STYLE="vertical-align: top; text-align: center"> &nbsp; </TD>
    <TD NOWRAP STYLE="vertical-align: bottom; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"> April
    17, 2015 </FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"> Jeff Karish </FONT></TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"> &nbsp; </TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"> &nbsp; </TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="text-align: center"> &nbsp; </TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"> &nbsp; </TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"> &nbsp; </TD></TR>
<TR>
    <TD NOWRAP STYLE="vertical-align: top; border-bottom: black 1pt solid; text-align: center"> * </TD>
    <TD NOWRAP STYLE="vertical-align: bottom"> &nbsp; </TD>
    <TD NOWRAP STYLE="vertical-align: bottom; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"> Director </FONT></TD>
    <TD NOWRAP STYLE="vertical-align: top; text-align: center"> &nbsp; </TD>
    <TD NOWRAP STYLE="vertical-align: bottom; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"> April
    17, 2015 </FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"> Judson S. Bowman </FONT></TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"> &nbsp; </TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"> &nbsp; </TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="text-align: center"> &nbsp; </TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"> &nbsp; </TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"> &nbsp; </TD></TR>
<TR>
    <TD NOWRAP STYLE="vertical-align: top; border-bottom: black 1pt solid; text-align: center"> * </TD>
    <TD NOWRAP STYLE="vertical-align: bottom"> &nbsp; </TD>
    <TD NOWRAP STYLE="vertical-align: bottom; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"> Director </FONT></TD>
    <TD NOWRAP STYLE="vertical-align: top; text-align: center"> &nbsp; </TD>
    <TD NOWRAP STYLE="vertical-align: bottom; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"> April
    17, 2015 </FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"> Craig I. Forman </FONT></TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"> &nbsp; </TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"> &nbsp; </TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="text-align: center"> &nbsp; </TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"> &nbsp; </TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"> &nbsp; </TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="text-align: center"> *By Attorney-in-fact </TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"> &nbsp; </TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"> &nbsp; </TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="text-align: center; border-bottom: Black 1pt solid"> /s/ <FONT STYLE="font: 10pt Times New Roman, Times, Serif">Andrew
    Schleimer</FONT> </TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"> &nbsp; </TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"> &nbsp; </TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"> Andrew Schleimer </FONT></TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"> &nbsp; </TD>
    <TD NOWRAP> &nbsp; </TD>
    <TD NOWRAP STYLE="text-align: center"> &nbsp; </TD></TR>
</TABLE>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><U>EXHIBIT&nbsp;INDEX</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="text-decoration: none; text-align: left; border-bottom: Black 1pt solid; width: 10%"><U STYLE="text-decoration: none">Exhibit</U><BR>
<U STYLE="text-decoration: none">Number</U></TD>
    <TD STYLE="width: 90%">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">1.1</TD>
    <TD>Form of Underwriting Agreement (*)</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">3.1</TD>
    <TD>Certificate of Incorporation (incorporated by reference to the Registrant&rsquo;s Current Report on Form 8-K (Filed No. 001-10039), filed with the Commission on November 14, 2007).</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">3.2&nbsp;</P></TD>
    <TD>Certificate of Amendment of Certificate of Incorporation, dated August 14, 2012 (incorporated by reference to Appendix B of the Registrant&rsquo;s Definitive Information Statement on Form 14-C (File No. 000-10039), filed with the Commission on July 10, 2012).</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">3.3</TD>
    <TD>Certificate of Amendment of Certificate of Incorporation, dated March 28, 2013 (incorporated by reference to the Registrant&rsquo;s Current Report on Form 8-K (File No. 000-10039), filed with the Commission on April 18, 2013).</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">3.4</TD>
    <TD>Certificate of Correction of Certificate of Amendment, dated April 9, 2013 (incorporated by reference to the Registrant&rsquo;s Current Report on Form 8-K (File No. 000-10039), filed with the Commission on April&nbsp;18, 2013).</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">3.5</TD>
    <TD>Certificate of Amendment of Certificate of Incorporation, as amended, filed with the Secretary of State of the State of Delaware on January 13, 2015 (incorporated by reference to the Registrant&rsquo;s Current Report on Form 8-K (File No. 000-10039), filed with the Commission of January 16, 2015).</TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">3.6</TD>
    <TD>Bylaws (incorporated by reference to the Registrant&rsquo;s Current Report on Form 8-K (File No. 001-10039), filed with the commission on November 14, 2007).</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">3.7</TD>
    <TD>Certificate of Amendment of the Bylaws of NeuMedia, Inc., dated February 2, 2012 (incorporated by reference to our Current Report on Form 8-K (File No. 000-10039), filed with the Commission on February 7, 2012).</TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR>
    <TD>3.8</TD>
    <TD>Certificate of Amendment of the Bylaws dated March 6, 2015 (incorporated by reference to the Registrant&rsquo;s Current Report on Form 8-K (File No. 001-10039) filed with the Commission on March 11, 2015).</TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR>
    <TD> 3.9 </TD>
    <TD> Amendment to Bylaws adopted March 17, 2015 (incorporated by reference to our Current Report on Form 8-K (File No. 000-10039),
    filed with the Commission on March 20, 2015). </TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR>
    <TD>4.1</TD>
    <TD>Specimen Stock Certificate evidencing the shares of common stock (incorporated by reference to the Registrant&rsquo;s Registration Statement on Form S-3 (File No. 333-189783) filed with the Commission on July 3, 2013).</TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR>
    <TD>4.2</TD>
    <TD>Specimen Preferred Stock Certificate and Form of Certificate of Designation of Preferred Stock (*)</TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR>
    <TD> 4.3 </TD>
    <TD> Form of Debt Indenture +</TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR>
    <TD>4.4</TD>
    <TD>Form of Debt Securities (*)</TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR>
    <TD>4.5</TD>
    <TD>Form of Common Stock Warrant (including Warrant Certificate) (*)</TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR>
    <TD>4.6</TD>
    <TD>Form of Preferred Stock Warrant (including Warrant Certificate) (*)</TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR>
    <TD>4.7</TD>
    <TD>Form of Debt Securities Warrant Agreement (including Warrant Certificate) (*)</TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR>
    <TD>4.8</TD>
    <TD>Form of Stock Purchase Unit(*)</TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">4.9</TD>
    <TD>Common Stock Purchase Warrant dated March 6, 2015 issued to North Atlantic SBIC IV, L.P. (incorporated by reference to the Registrant&rsquo;s Current Report on Form 8-K (File No. 001-10039) filed with the Commission on March 11, 2015).</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top"> 5.1 </TD>
    <TD> Legal Opinion of Manatt, Phelps &amp; Phillips, LLP. </TD></TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">10.1</TD>
    <TD>Securities Purchase Agreement between the Registrant and North Atlantic SBIC IV, L.P. dated March 6, 2015 (incorporated by reference to the Registrant&rsquo;s Current Report on Form 8-K (File No. 001-10039) filed with the Commission on March 11, 2015).</TD></TR>
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    <TD STYLE="vertical-align: top; width: 10%"> 23.1 </TD>
    <TD STYLE="width: 90%"> Consent of SingerLewak LLP.+ </TD></TR>
<TR>
    <TD STYLE="vertical-align: top"> &nbsp; </TD>
    <TD> &nbsp; </TD></TR>
<TR>
    <TD STYLE="vertical-align: top"> 23.2 </TD>
    <TD> Consent of Grant Thornton LLP.+ </TD></TR>
<TR>
    <TD STYLE="vertical-align: top"> &nbsp; </TD>
    <TD> &nbsp; </TD></TR>
<TR>
    <TD STYLE="vertical-align: top"> 23.3 </TD>
    <TD> Consent of Manatt, Phelps &amp; Phillips, LLP is contained in Exhibit 5.1 to this Registration Statement.</TD></TR>
<TR>
    <TD> &nbsp; </TD>
    <TD> &nbsp; </TD></TR>
<TR>
    <TD> 24.1 </TD>
    <TD> Power of Attorney is contained on the signature page.+ </TD></TR>
<TR>
    <TD> &nbsp; </TD>
    <TD> &nbsp; </TD></TR>
<TR>
    <TD> 25.1 </TD>
    <TD> Statement of Eligibility of Trustee under the Debt Indenture (**) </TD></TR>
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    <TD> + </TD>
    <TD> Previously filed. </TD></TR>
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    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in">(*) </TD>
    <TD>To be filed by an amendment or as an exhibit to a Current Report on Form 8-K and incorporated herein by reference, if applicable. </TD></TR>
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    <TD STYLE="width: 0.5in">(**)</TD>
    <TD>To be filed in accordance with the requirements of Section 305(b)(2) of the Trust Indenture Act of 1933, if applicable.</TD></TR>
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<DESCRIPTION>EXHIBIT 5.1
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Exhibit 5.1</B></P>

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<P STYLE="font: 30pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font: 32pt Arial, Helvetica, Sans-Serif">manatt</FONT></P>



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    <td><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">manatt | phelps | phillips &nbsp; &nbsp;</FONT></td></tr>
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    <TD STYLE="width: 43%; font-size: 10pt"><font style="font-size: 10pt">April 17, 2015</font></td>
    <TD STYLE="width: 57%; font-size: 10pt; text-align: right">&nbsp;</td></tr>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Digital Turbine, Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">1300 Guadalupe Street</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Suite #302</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Austin, TX 78701</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">Re:</TD><TD STYLE="padding-right: 5.65pt">Registration Statement on Form S-3</TD></TR></TABLE>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Ladies and Gentlemen:</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">We have acted as counsel to Digital Turbine,
Inc., a Delaware corporation (the &ldquo;<U>Company</U>&rdquo;), in connection with its filing of a registration statement on Form
S-3 (the &ldquo;<U>Registration Statement</U>&rdquo;), filed by the Company with the Securities and Exchange Commission (the &ldquo;<U>Commission</U>&rdquo;)
under the Securities Act of 1933, as amended (the &ldquo;<U>Securities Act</U>&rdquo;). The Registration Statement relates to the
proposed issuance and sale, from time to time on a delayed or continuous basis pursuant to applicable provisions of Rule 415 under
the Securities Act, as set forth in the Registration Statement, any amendment thereto, the prospectus contained therein (the &ldquo;<U>Prospectus</U>&rdquo;),
any supplements to the Prospectus (each, a &ldquo;<U>Prospectus Supplement</U>&rdquo;), and any related free-writing prospectus(es)
relating to:</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(a) the proposed issuance and sale, from
time to time, by the Company of up to a maximum of $100,000,000 in aggregate offering proceeds of a presently indeterminate amount
of the following securities of the Company (each a &ldquo;<U>Company Security</U>&rdquo; and collectively, the &ldquo;<U>Company
Securities</U>&rdquo;):</P>

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<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>shares of common stock, par value $0.0001 per share, of the Company (the &ldquo;<U>Common Stock</U>&rdquo;);</TD></TR></TABLE>

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<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>shares of preferred stock, par value $0.0001 per share, of the Company, in one or more series or classes (the &ldquo;<U>Preferred
Stock</U>&rdquo;);</TD></TR></TABLE>

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<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>secured or unsecured debt securities, in one or more series, which may be either senior debt securities, senior subordinated
debt securities or subordinated debt securities (the &ldquo;<U>Debt Securities</U>&rdquo;) to be issued pursuant to an indenture
and any supplemental indenture (collectively, an &ldquo;<U>Indenture</U>&rdquo;) between the Company and a trustee or bank to be
named (the &ldquo;<U>Trustee</U>&rdquo;);</TD></TR></TABLE>

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<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>warrants to purchase Common Stock, Preferred Stock or Debt Securities (the &ldquo;<U>Warrants</U>&rdquo;), which may be issued
under warrant agreements (each, a &ldquo;<U>Warrant Agreement</U>&rdquo;), to be dated on or about the date of the first issuance
of the applicable Warrants thereunder, by and between the Company and a warrant agent to be selected by the Company (the &ldquo;<U>Warrant
Agent</U>&rdquo;); and</TD></TR></TABLE>

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<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>units representing Common Stock, Preferred Stock, Debt Securities, Warrants, or any combination(s) thereof (each a &ldquo;<U>Unit</U>&rdquo;
and collectively the &ldquo;<U>Units</U>&rdquo;); and</TD></TR></TABLE>

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<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

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    <TD STYLE="width: 100%; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">11355
West Olympic Boulevard, Los Angeles, California 90064-1614 Telephone: 310.312.4000 Fax: 310.312.4224</FONT></P>
                                                                       <P STYLE="font: 4pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"></FONT>&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Albany
        | Los Angeles | New York | Orange County | Palo Alto | Sacramento | San Francisco | Washington, D.C.</FONT></P></TD></TR>
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<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Digital Turbine, Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">April 17, 2015</P>

<P STYLE="margin: 0pt 0">Page <FONT STYLE="font: 10pt Times New Roman, Times, Serif">2</FONT></P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(b) the offer and sale of up to 600,000
shares of Common Stock (the &ldquo;<U>Resale Shares</U>&rdquo;) by the selling stockholder identified in the Registration Statement,
which Resale Shares consist of 200,000 shares of Common Stock (the &ldquo;<U>Selling Stockholder Shares</U>&rdquo;) and 400,000
shares of Common Stock issuable upon exercise of warrants issued by the Company to the selling stockholder (the &ldquo;<U>Selling
Stockholder Warrants</U>,&rdquo; and the shares of Common Stock issuable upon exercise of the Selling Stockholder Warrants, the
&ldquo;<U>Warrant Shares</U>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">We are delivering this opinion pursuant
to the requirements of Item 601(b)(5) of Regulation S-K under the Securities Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">In connection with this opinion, we have
examined (i) the Registration Statement, including the exhibits filed therewith, (ii) the Prospectus, (iii) the Company&rsquo;s
Certificate of Incorporation, as amended or supplemented (the &ldquo;<U>Certificate of Incorporation</U>&rdquo;), (iv) the Company&rsquo;s
Bylaws, as amended (the &ldquo;<U>Bylaws</U>&rdquo;), and (v) the corporate resolutions and other actions of the Company that authorize
and provide for the issuance of the Company Securities and the Resale Shares. We have also examined and relied upon originals,
or copies certified to our satisfaction, of such records, documents, certificates, opinions, memoranda and other instruments as
in our judgment are necessary or appropriate to enable us to render the opinion expressed below. As to certain factual matters,
we have relied upon a certificate of an officer of the Company and have not independently sought to verify such matters.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">In rendering this opinion, we have assumed
the genuineness and authenticity of all signatures; the authenticity of all documents submitted to us as originals; the conformity
to originals of all documents submitted to us as copies; the legal capacity of all signatories to such documents; and the accuracy,
completeness and authenticity of certificates of public officials. We have also assumed (i) that the Registration Statement and
any required post-effective amendment thereto have all become effective under the Securities Act and such effectiveness shall not
have been terminated, suspended or rescinded; (ii) that the Prospectus and any and all Prospectus Supplement(s) required by applicable
laws and any and all free-writing prospectus(es) related to the offer and sale of the Company Securities or the Resale Shares have
been delivered and filed as required by such laws; (iii) that the issuance and sale of the Company Securities or Resale Shares
will be in compliance with applicable federal and state securities laws and in the manner stated in the Registration Statement,
(iv) the due authorization, execution and delivery (other than by the Company) of all documents where authorization, execution
and delivery are prerequisites to the effectiveness of such documents; and (v) that the issuance and sale of the Company Securities
by the Company and any Indenture, Warrant Agreement, or unit agreement relating to Units will not, in each case, violate or result
in a default under or breach (a) any agreement or instrument binding upon the Company, (b) any law, rule or regulation to which
the Company is subject, (c) any applicable requirement or restriction imposed by any court or governmental body having jurisdiction
over the Company, or (d) any consent, approval, license, authorization or validation of, or filing, recording or registration with
any governmental authority.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Digital Turbine, Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">April 17, 2015</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">With respect to our opinion as to the Common
Stock, we have assumed that, at the time of issuance and sale, a sufficient number of shares of Common Stock are authorized and
available for issuance and that the consideration for the issuance and sale of the Common Stock (or for Preferred Stock or Debt
Securities convertible into Common Stock, or for Warrants exercisable for Common Stock or Units including Common Stock) is in an
amount that is not less than the par value of the Common Stock. With respect to our opinion as to the Preferred Stock, we have
assumed that, at the time of issuance and sale, a sufficient number of shares of Preferred Stock are authorized, designated and
available for issuance and that the consideration for the issuance and sale of the Preferred Stock (or for Debt Securities convertible
into Preferred Stock, or for Warrants exercisable for Preferred Stock or Units including Preferred Stock) is in an amount that
is not less than the par value of the Preferred Stock. We have also assumed with respect to the Debt Securities offered under the
Registration Statement and the related Indenture, that such securities will be executed in the form filed as an exhibit to the
Registration Statement and that the Trustee shall have been qualified pursuant to the Trust Indenture Act of 1939, as amended,
at the time the Debt Securities are offered or issued (or such later time as may be permitted pursuant to the rules, regulations,
interpretations or positions of the Commission). We have also assumed that (i) with respect to Company Securities being issued
upon conversion of any convertible Preferred Stock, the applicable convertible Preferred Stock will be duly authorized, validly
issued, fully paid and nonassessable; and (ii) with respect to any Company Securities being issued upon conversion of any convertible
Debt Securities or upon exercise of any Warrants, the applicable convertible Debt Securities or Warrants will be valid and legally
binding obligations of the Company, enforceable against the Company in accordance with their terms, except as enforcement may be
limited by (a) applicable bankruptcy, receivership, insolvency, reorganization, moratorium, fraudulent conveyance, fraudulent transfer,
preference or other similar laws affecting the enforcement of the rights and remedies of creditors, secured parties and parties
to executory contracts generally; and such duties and standards as are or may be imposed on creditors, including, without limitation,
good faith, materiality, reasonableness, and fair dealing under any applicable law or judicial decision; and (b) general principles
of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law) and the exercise of equitable
powers by a court of competent jurisdiction (and no opinion is given herein as to any specific or equitable relief of any kind
or as to the availability of equitable remedies).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The opinions below, to the extent applicable,
are subject, as to enforcement, to provisions of law that require that a judgment for money damages rendered by a court in the
United States be expressed only in United States dollars.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Our opinion herein is expressed solely with
respect to the Delaware General Corporation Law (including the statutory provisions and all applicable provisions of the Delaware
Constitution and reported judicial decisions interpreting those laws) and, as to the Debt Securities and Warrants constituting
valid and legally binding obligations of the Company, solely with respect to the laws of the State of New York. We express no opinion
as to any provision of the Debt Securities that: (a) relates to the subject matter jurisdiction of any federal court of the United
States of America or any federal appellate court to adjudicate any controversy related to the Debt Securities or (b) contains a
waiver of an inconvenient forum. We express no opinion as to whether the laws of any jurisdiction are applicable to the subject
matter hereof. We are not rendering any opinion as to compliance with any federal or state law, rule or regulation relating to
securities, or to the sale or issuance thereof.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"></P>

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    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">manatt | phelps | phillips &nbsp; &nbsp;</FONT></TD></TR>
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<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Digital Turbine, Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">April 17, 2015</P>

<P STYLE="margin: 0pt 0">Page <FONT STYLE="font: 10pt Times New Roman, Times, Serif">4</FONT></P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">On the basis of the foregoing and in reliance
thereon, and subject to the qualifications herein stated, we are of the opinion that:</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;With respect to the Common Stock offered
under the Registration Statement, provided that (i) the issuance of the Common Stock has been duly authorized by all necessary
corporate action on the part of the Company; and (ii) the certificates for the Common Stock have been duly executed by the Company,
countersigned by the transfer agent therefor and duly delivered to the purchasers thereof against the requisite payment therefor,
then the Common Stock, when issued and sold as contemplated in the Registration Statement, the Prospectus and the related Prospectus
Supplement(s) and any related free-writing prospectus(es) and in accordance with any applicable duly authorized, executed and delivered
purchase, underwriting or similar agreement, or upon conversion of any convertible Preferred Stock or convertible Debt Securities
in accordance with their terms, upon exercise of any Warrants in accordance with their terms, will be duly authorized, validly
issued, fully paid and nonassessable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;With respect to the Preferred Stock
offered under the Registration Statement, provided that (i) the terms and issuance of the Preferred Stock have been duly authorized
by all necessary corporate action on the part of the Company; (ii) appropriate certificates of amendment to the then operative
certificate of incorporation relating to the terms and issuance of Preferred Stock have been duly approved by the Company&rsquo;s
Board of Directors and been filed with and accepted for record by the State of Delaware; and (iii) the certificates for the Preferred
Stock have been duly executed by the Company, countersigned by the transfer agent therefor and duly delivered to the purchasers
thereof against the requisite payment therefor, then the Preferred Stock, when issued and sold as contemplated in the Registration
Statement, the Prospectus and the related Prospectus Supplement(s) and any related free-writing prospectus(es) and in accordance
with any applicable duly authorized, executed and delivered purchase, underwriting or similar agreement, or upon conversion of
any convertible Debt Securities in accordance with their terms, or upon exercise of any Warrants in accordance with their terms,
will be duly authorized, validly issued, fully paid and nonassessable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;With respect to any series of the
Debt Securities issued under an Indenture and offered under the Registration Statement, provided that (i) the Indenture, and the
applicable supplement, if any, has been duly authorized by the Company and the Trustee by all necessary corporate action; (ii)
the Indenture has been duly executed and delivered by the Company and the Trustee; (iii) the terms of the Debt Securities and of
their issuance and sale and the form of Indenture have been duly authorized by the Company by all necessary corporate action; (iv)
the terms of the Debt Securities and of their issuance and sale have been duly established in conformity with the Indenture; and
(v) the Debt Securities have been duly executed and delivered by the Company and authenticated by the Trustee pursuant to the Indenture
and delivered against the requisite payment therefor, then the Debt Securities, when issued and sold in accordance with the Indenture
and as contemplated by the Registration Statement, the Prospectus and the related Prospectus Supplement(s), and a duly authorized,
executed and delivered purchase, underwriting or similar agreement, or upon exercise of any Warrants in accordance with their terms,
will be valid and legally binding obligations of the Company, enforceable against the Company in accordance with their terms, except
as enforcement thereof may be limited by applicable bankruptcy, insolvency, reorganization, arrangement, moratorium or other similar
laws affecting creditors&rsquo; rights, and subject to general equity principles and to limitations on availability of equitable
relief, including specific performance.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"></P>

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<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Digital Turbine, Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">April 17, 2015</P>

<P STYLE="margin: 0pt 0">Page 5</P>



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<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;With respect to the Warrants issued
under a Warrant Agreement and offered under the Registration Statement, provided that (i) the Warrant Agreement has been duly authorized
by the Company and the Warrant Agent by all necessary corporate action; (ii) the Warrant Agreement has been duly executed and delivered
by the Company and the Warrant Agent as described in the Registration Statement, the Prospectus and the related Prospectus Supplement(s);
(iii) the issuance and terms of the Warrants have been duly authorized by the Company by all necessary corporate action; and (iv)
the Warrants have been duly executed and delivered by the Company and authenticated by the Warrant Agent pursuant to the Warrant
Agreement and delivered against the requisite payment therefore and assuming that the Warrants are then issued and sold as contemplated
in the Registration Statement, the Prospectus and the Prospectus Supplement(s), then the Warrants, when issued and sold in accordance
with the Warrant Agreement and a duly authorized, executed and delivered purchase, underwriting or similar agreement, will be valid
and legally binding obligations of the Company, enforceable against the Company in accordance with their terms, except as enforcement
thereof may be limited by applicable bankruptcy, insolvency, reorganization, arrangement, moratorium or other similar laws affecting
creditors&rsquo; rights, and subject to general equity principles and to limitations on availability of equitable relief, including
specific performance.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;With respect to the Units issued under
a unit agreement and offered under the Registration Statement, provided that (i) the applicable unit agreement has been duly authorized
by the Company and the unit agent by all necessary corporate action; (ii) the applicable unit agreement has been duly executed
and delivered by the Company and the unit agent as described in the Registration Statement, the Prospectus and the related Prospectus
Supplement(s); (iii) the issuance and terms of the Units have been duly authorized by the Company by all necessary corporate action,
including without limitation the due issuance or reservation for issuance of any Company Securities set forth in this opinion letter;
and (iv) the Units have been duly executed and delivered by the Company and authenticated by the unit agent pursuant to the applicable
unit agreement and delivered against the requisite payment therefore and assuming that the Units are then issued and sold as contemplated
in the Registration Statement, the Prospectus and the Prospectus Supplement(s), then the Units, when issued and sold in accordance
with the applicable unit agreement and a duly authorized, executed and delivered purchase, underwriting or similar agreement, the
Units will be validly issued, fully paid and non-assessable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;With respect to the Resale Shares,
(a) the Selling Stockholder Shares have been validly issued and are fully paid and non-assessable and (b) the Warrant Shares have
been duly authorized and reserved for issuance, and, when issued and paid for in accordance with the exercise provisions of the
Selling Stockholder Warrants, the Warrant Shares will be validly issued, fully paid and nonassessable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">We hereby consent to the filing of this
opinion as an exhibit to the Registration Statement and to the use of our name wherever it appears in the Registration Statement,
the Prospectus and the Prospectus Supplement(s). In giving such consent, we do not believe that we are &ldquo;experts&rdquo; within
the meaning of such term as used in the Securities Act or the rules and regulations of the Commission issued thereunder with respect
to any part of the Registration Statement, including this opinion as an exhibit or otherwise.</P>

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    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">manatt | phelps | phillips &nbsp; &nbsp;</FONT></TD></TR>
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<P STYLE="margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>


<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Digital Turbine, Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">April 17, 2015</P>

<P STYLE="margin: 0pt 0">Page 6</P>



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<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">This opinion is expressed as of the date
hereof unless otherwise expressly stated, and we disclaim any undertaking to advise you of any subsequent changes in the facts
stated or assumed herein or of any subsequent changes in applicable laws.</P>

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<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</td>
    <TD STYLE="width: 50%"><font style="font-size: 10pt">Very truly yours,</font></td></tr>
<tr style="vertical-align: top">
    <TD>&nbsp;</td>
    <TD>&nbsp;</td></tr>
<tr style="vertical-align: top">
    <TD>&nbsp;</td>
    <TD><font style="font-size: 10pt">/s/ Manatt, Phelps &amp; Phillips, LLP</font></td></tr>
<tr style="vertical-align: top">
    <TD>&nbsp;</td>
    <TD>&nbsp;</td></tr>
<tr style="vertical-align: top">
    <TD>&nbsp;</td>
    <TD><font style="font-size: 10pt">Manatt, Phelps &amp; Phillips, LLP</font></td></tr>
</table>
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