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WILL NOT BE REGISTERED UNDER THE UNITED
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SECURITIES ACT") OR ANY STATE SECURITIES LAWS AND MAY NOT BE
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25-Year Finance Veteran Jennifer Cabalquinto Joins
Board
TORONTO, Jan. 13, 2022 /CNW/ -- Sabio Holdings
Inc. (TSXV: SBIO) ("Sabio Holdings" or the "Company"), the
media and technology company that oversees CTV platforms
AppScience® and Sabio, today announced Jennifer Cabalquinto has joined its Board of
Directors ("Board"), effective immediately. A 25-year industry
veteran, Jennifer is currently the Chief Financial Officer ("CFO")
of 2K, and previously served as the
CFO and Special Advisor of the Golden State Warriors.
"We are thrilled to have Jennifer's acumen and experience to
help guide the financial future of Sabio Holdings, and our brands
Sabio and AppScience," said Aziz
Rahimtoola, CEO and cofounder of Sabio. "Jennifer's deep
understanding of the media and entertainment space will be critical
in charting our growth trajectory".
As a senior finance executive Jennifer has a strong track record
of maximizing enterprise value by optimizing financial operations.
She is known for implementing and continually improving processes,
controls and strategies to provide a solid financial foundation on
which companies can grow. Her 25+ year career has steered the
corporate finance function within startup, turnaround and rapidly
expanding environments spanning sports and entertainment
industries.
"As someone who has had first-hand experience with how
fragmented the media and entertainment space is, I was impressed by
how Sabio and AppScience's solutions use cross screen media and
analytics to improve advertiser and brand performance," said
Jennifer. "I look forward to utilizing my finance background,
alongside my fellow Board members, in guiding Sabio's
results-driven approach to help marketers everywhere."
Jennifer joins Paula Madison, a
22-year veteran of NBCUniversal where she held a number of
leadership roles, including EVP for Diversity as well as a VP of
the General Electric Company (GE), then parent company of NBCU.
Existing board members Carl Farrell,
who touts 30 years of global management expertise guiding large and
small organizations through growth and transformation, and
Muizz Kheraj, who has more than two
decades of experience in technology supporting the capital market
needs of middle-market entrepreneurs, will work in tandem with the
new team member additions.
STOCK OPTIONS GRANT
The Board has authorized, pursuant to its Stock Option Plan, the
grant of incentive and non-statutory stock options ("Options") to
directors, officers, employees and consultants to purchase an
aggregate of up to 1,110,120 common shares ("Shares") in the
capital of the Company at an exercise price of C$1.38 per Share for a 10-year term from
January 13, 2022. Of the Options
granted:
- an aggregate of 580,000 Options were granted to directors and
officers of the Company. Options vest quarterly over three years,
with the first tranche vesting on April 13,
2022.
- an aggregate of 530,120 Options were issued to employees and
consultants of the Company. The Options vest quarterly over three
years (with the exception of 18,120 Options that vest quarterly
over two years), with the first tranche vesting on April 13, 2022.
SABIO HOLDINGS, INC.
Per: "Aziz Rahimtoola"
Aziz Rahimtoola, Chief Executive
Officer and Chairman
ABOUT SABIO HOLDINGS INC
Sabio Holdings Inc.
(TSXV:SBIO.V) is a media and technology company that delivers
improved brand performance via addressable cross screen solutions
built on mobile behavior. The Sabio Holdings portfolio is comprised
of the trusted and transparent demand-side platform Sabio, and the
real-time measurement and attribution platform AppScience®.
Together, the companies provide brands and agencies with the first
end to end advertising suite, powered by its proprietary household
graph of more than 300M mobile
devices and 55MM CTV households.
Disclaimer
The TSXV has neither approved nor disapproved the contents
of this news release.
Neither the Exchange nor its Regulation Service Provider
(as defined policies of the Exchange) accepts responsibility for
the adequacy or accuracy of this press release.
This news release shall not constitute an offer to sell or
the solicitation of an offer to buy any securities in any
jurisdiction. Any securities referred to herein have not been, nor
will they be, registered under the United States Securities Act of
1933, as amended, and may not be offered or sold in the United States or to a U.S. Person absent
registration or an applicable exemption from the registration
requirements of the United States Securities Act of 1933, as
amended, and applicable state securities laws.
Forward-Looking Statements
This press
release may contain certain forward-looking information and
statements ("forward-looking information") within the meaning of
applicable Canadian securities legislation, that are not based on
historical fact, including without limitation statements containing
the words "believes", "anticipates", "plans", "intends", "will",
"should", "expects", "continue", "estimate", "forecasts" and
other similar expressions. Readers are cautioned to not place undue
reliance on forward-looking information. Actual results and
developments may differ materially from those contemplated by these
statements. The Company undertakes no obligation to comment
analyses, expectations or statements made by third-parties in
respect of the Company, its securities, or financial or operating
results (as applicable). Although the Company believes that the
expectations reflected in forward-looking information in this press
release are reasonable, such forward-looking information has been
based on expectations, factors and assumptions concerning future
events which may prove to be inaccurate and are subject to numerous
risks and uncertainties, certain of which are beyond the Company's
control, including the risk factors discussed in the Filing
Statement which are incorporated herein by reference and are
available through SEDAR at www.sedar.com. The forward-looking
information contained in this press release are expressly qualified
by this cautionary statement and are made as of the date hereof.
The Company disclaims any intention and has no obligation or
responsibility, except as required by law, to update or revise any
forward-looking information, whether as a result of new
information, future events or otherwise.
For further information: SABIO HOLDINGS INC., Aziz Rahimtoola, Chief Executive Officer,
E-mail: aziz@sabio.inc, Phone: 1.844.974.2662
SOURCE Sabio Holdings Inc.