AcuityAds Announces Stock Option and Deferred Share Unit Award Grants
TORONTO,ON; NEW YORK,NY, MAY 11, 2018
TORONTO and NEW YORK, May 11, 2018 /CNW/ – AcuityAds Holdings Inc. (TSXV:AT) (“AcuityAds” or the “Company”), a technology leader that provides targeted digital media solutions by leveraging its proprietary AI technology to enable advertisers to connect intelligently with audiences across video, mobile, social and online display advertising campaigns announces the following :
The Company granted an aggregate of 507,500 stock options to an officer and to a consultant of the Company in accordance of the provisions of the Company’s Stock Option Plan. Each stock option entitles the holder to purchase one common share of the Company at an exercise price of $0.64. The stock options granted to the officer of the Company will expire 5 years from date of issuance, vesting annually over 3 years. The stock options granted to the consultant of the Company will expire 5 years from date of issuance, vesting quarterly over 1 year.
The Company also issued an aggregate of 97,400 Deferred Share Units to the Independent Directors and certain consultants of the Company pursuant to the Company’s Deferred Share Unit Plan, in lieu of quarterly cash compensation.
AcuityAds is a leading technology company that provides marketers a more powerful and holistic solution for digital advertising across all ad formats and devices to amplify reach and Share Of Attention® throughout the customer journey. Via its unique data-driven insights, real-time analytics and industry-leading activation platform based on proprietary machine learning technology, AcuityAds leverages an integrated ecosystem of partners for data, inventory, brand safety and fraud prevention, offering unparalleled trusted solutions that the most demanding marketers require to be successful in the digital era.
AcuityAds is headquartered in Toronto, Canada with offices across North America including New York City, Boston, Chicago, Las Vegas, Los Angeles, San Francisco, Vancouver, Calgary and Montreal. For more information, visit www.AcuityAds.com.
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.