TORONTO and NEW YORK, Dec. 19, 2016 /CNW/ - AcuityAds Holdings Inc. (TSX-V: AT) ("Acuity" 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 announced today that it has received Blue Sky approval in 39 states across the U.S. for their OTCQB listing. The Blue Sky approval allows Acuity to offer its securities to US investors as well as allowing brokerage firms, their brokers, and investment adviser representatives to present the Company's securities to their clients.
In addition, the Company has changed its trading ticker to ACUIF on the OTCQB exchange after previously being listed as trading under the ticker ACHOF.
"We are pleased that our application has been quickly approved to further eliminate any barriers that US investors may have faced when seeking to invest in our company," said Tal Hayek, CEO of AcuityAds. "We have received a tremendous amount of interest out of the US investment community as we have been actively marketing our story across the country, and look forward to working closely with them to help grow our investor base."
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, accompanied by a patented solution for mobile targeting that leverages social data. 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 was recently recognized for the 3rd year in a row as one of the fastest growing technology companies in Deloitte's North America Technology Fast 500™ program.
AcuityAds is headquartered in Toronto, Canada with sales offices in New York City, Boston, Chicago, Los Angeles, San Francisco, San Diego, Vancouver, Calgary and Montreal. For more information, visit AcuityAds.com.
Disclaimer in regards to Forward-looking Statements
This news release may contain forward-looking statements (within the meaning of applicable securities laws) relating to business of Acuity and the environment in which it operates. Forward-looking statements are identified by words such as "believe", "anticipate", "expect", "intend", "plan", "will", "may" and other similar expressions. These statements are based on the Company's expectations, estimates, forecasts and projections and include statements relating to the completion of the Offering and the use of proceeds from the Offering. They are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. These risks and uncertainties are discussed in the Company's regulatory filings available on SEDAR at www.sedar.com. There can be no assurance that forward-looking statements will prove to be accurate as actual outcomes and results may differ materially from those expressed in these forward-looking statements. Readers, therefore, should not place undue reliance on any such forward-looking statements. Further, a forward-looking statement speaks only as of the date on which such statement is made. Except as required by applicable law, the Company undertakes no obligation to publicly update any such statement or to reflect new information or the occurrence of future events or circumstances.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
SOURCE AcuityAds Inc.
For further information: Babak Pedram, Investor Relations, Virtus Advisory Group Inc., 416-644-5081, [email protected]; Tal Hayek, Chief Executive Officer, AcuityAds Holdings Inc., 416-218-9888, [email protected]