SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

______________

SCHEDULE 13G

(Rule 13d-102)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO RULES 13d-1(b) (c) AND (d) AND AMENDMENTS THERETO FILED

PURSUANT TO RULE 13d-2(b)

(Amendment No. 2)

Digital Turbine, Inc.

(Name of Issuer)

Common Stock, $0.0001 par value

(Title of Class of Securities)

25400W102

(CUSIP Number)

December 31, 2016

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Digital Turbine, Inc., a Delaware corporation (the “Issuer”).

1300 Guadalupe Street, Suite #302

Austin, TX 78701

BRC Partners Opportunity Fund, L.P., a Delaware limited partnership (“BPOF”)

B. Riley Capital Management, LLC, a New York limited liability company (“BRCM”)

B. Riley & Co., LLC, a Delaware limited liability company (“BRC”)

B. Riley Financial, Inc., a Delaware corporation (“BRF”)

Bryant R. Riley (“Mr. Riley”)

Each of the foregoing is referred to as a “Reporting Person” and collectively as the “Reporting Persons.”

11100 Santa Monica Blvd. Suite 800

Los Angeles, CA 90025

The principal place of business of BRF is:

21255 Burbank Blvd. Suite 400

Woodland Hills, CA 91367

The citizenship of each of BPOF, BRF, and BRC is Delaware.

The citizenship of BRCM is New York.

The citizenship of Mr. Riley is the United States of America.

Common Stock, par value $0.0001 (the “Common Stock”)

25400W102

Effective February 9, 2016, the delegation of authority granting Bryant R. Riley certain voting, dispositive and other investment powers with the respect to the securities held by BPOF, BRCM, and BRC was revoked by B. Riley Financial, Inc. Accordingly such voting, dispositive and other investment powers which were previously vested in Mr. Riley have reverted back to B. Riley Financial, Inc. Accordingly, B. Riley Financial, Inc. may be deemed to beneficially own the shares of Common Stock beneficially owned by BPOF, BRCM, and BRC.

As of the close of business on December 31, 2016, BPOF beneficially owned 1,719,186 shares of Common Stock. BRCM, as the investment advisor and general partner of BPOF, may be deemed to beneficially own the 1,719,186 shares of Common Stock directly owned by BPOF. BRF, as the parent company of BRCM, may be deemed to beneficially own the 1,719,186 shares of Common Stock owned by BRCM.

As of the close of business on December 31, 2016, BRC beneficially owned 490,739 shares of Common Stock. BRF, as the parent company of BRC, may be deemed to beneficially own the 490,739 shares of Common Stock owned by BRC.

As of the close of business on December 31, 2016, BRF beneficially owned 850 shares of Common Stock. Accordingly, BRF may also be deemed to beneficially own the aggregate of 2,210,775 shares of Common Stock.

As of the close of business on December 31, 2016, Mr. Riley directly owned 190,379 shares of Common Stock in his 401(k) plan.

The foregoing should not be construed as an admission by any Reporting Person as to beneficial ownership of any shares of Common Stock owned by another Reporting Person. Each of the Reporting Persons disclaims beneficial ownership of the shares of Common Stock that are not directly owned by such Reporting Person, except to the extent of their pecuniary interest therein.

The aggregate percentage of Shares reported owned by each Reporting Person is based upon 66,634,006 shares of Common Stock as reported in the Issuer’s Form 10-Q as filed with the SEC on February 9, 2017.

As of the close of business on December 31, 2016, BPOF and BRCM beneficially owned directly 1,719,186 shares, BRC beneficially owned directly 490,739 shares and BRF beneficially owned directly 850 shares, constituting approximately 2.58%, 0.74%, and 0.00% respectively, of the Shares outstanding.

BRCM, as the investment manager and general partner of BPOF may be deemed to beneficially own the 1,719,186 shares directly beneficially owned in the aggregate by BPOF, constituting approximately 2.58% of the Shares outstanding.

BRF, as the parent company of BRCM and BRC, may also be deemed to beneficially own 2,209,925 shares directly owned in the aggregate by BRCM and BRC, constituting approximately 3.32% of the Shares outstanding. Including the 850 shares directly owned by it, BRF may be deemed to beneficially own the aggregate of 2,210,775 shares, constituting approximately 3.32% of the Shares outstanding.

As of the close of business on December 31, 2016, Mr. Riley directly owned 190,379 shares of Common Stock in his 401(k) plan, constituting approximately 0.29% of the Shares outstanding.

See Cover Pages Items 5-9.

See Cover Pages Items 5-9.

See Cover Pages Items 5-9.

See Cover Pages Items 5-9.

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following. x 

Not Applicable.

Not Applicable.

See Exhibit 99.1

Not Applicable.

By signing below each of the undersigned certifies that, to the best of its knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

SIGNATURE

After reasonable inquiry and to the best of his knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.