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TORONTO, Dec. 21, 2017 /CNW/ - AcuityAds Holdings
Inc. ("AcuityAds"), (TSXV:AT) ("AcuityAds" or the "Company"), a
technology leader that provides targeted digital media solutions
enabling advertisers to connect intelligently with audiences across
video, mobile, social and online display campaigns, today announced
that it has raised an additional $150,000 for its previously announced
non-brokered private placement (the "Offering"), for total gross
proceeds of $2.26 million.
In connection with this second and final tranche closing of the
Offering, the Company issued 100,000 Common Shares priced at
$1.50 per Common Share. In total,
Acuity issued an aggregate of 1,509,021 Common Shares pursuant to
the Offering. The Common Shares issued in the Offering are subject
to a statutory four month hold period. The Offering remains subject
to the final approval of the TSX Venture Exchange.
About AcuityAds
AcuityAds is a technology company that enables marketers to
connect intelligently with their most meaningful audiences through
digital media. A Self-Serve programmatic marketing platform,
powered by proprietary machine learning technology, is at the core
of its business. This is accompanied by strategic digital
advertising solutions that cater to social, mobile and
video-specific needs. AcuityAds empowers marketers by offering
transparency on costs and brand safety, and real-time reporting and
analytics, bringing accountability to programmatic advertising to
deliver business results.
AcuityAds is headquartered in Toronto,
Canada with offices across North
America including New York
City, Boston, Chicago, Dallas, Los
Angeles, San Francisco,
San Diego, Vancouver, Calgary, Montreal and London,
England. For more information, visit www.AcuityAds.com.
Disclaimer in regards to Forward-looking Statements
Certain statements included herein constitute "forward-looking
statements" within the meaning of applicable securities laws.
Forward-looking statements include, but are not limited to,
statements with respect to the final approval of the TSX Venture
Exchange in respect of the Offering. All forward-looking statements
in this news release are based upon a number of estimates and
assumptions that, while considered reasonable by management at this
time, are inherently subject to significant business, economic and
competitive uncertainties and contingencies. Forward‐looking
statements involve known and unknown risks, uncertainties and other
factors that may cause the actual results, performance or
achievement of the Company to be materially different from any
future results, performance or achievements express or implied by
such forward‐looking statements. Investors are cautioned not to put
undue reliance on forward-looking statements. Except as required by
law, AcuityAds does not intend, and undertakes no obligation, to
update any forward-looking statements to reflect, in particular,
new information or future events.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE AcuityAds Inc.
