ACUITYADS HOLDINGS INC. ANNOUNCES START OF TRADING ON TSXV
TORONTO, ON, JULY 22, 2014Enters into Advisory Agreement with Spinnaker Capital Markets Inc.
Toronto, ON, July 22, 2014 – AcuityAds Holdings Inc. (“AcuityAds”) (TSXV: AT) announced that it will start trading on the TSX Venture Exchange (“TSXV”) at the start of business today under the symbol “AT”.
AcuityAds also announced today the appointment of Spinnaker Capital Markets Inc. (“Spinnaker”) as its capital markets and investor relations advisor.
The agreement is for an initial term of three months from July 22, 2014 to October 22, 2014. Spinnaker’s mandate will focus on developing and expanding the network of investors, analysts, and financial intermediaries who are interested in following the AcuityAds growth and investment story. The agreement also provides for a full range of investor relations services for a monthly fee of $7,000 and is subject to the acceptance of the TSXV.
“Since being founded in 2009, our focus has been the development of our proprietary, intelligent programmatic marketing platform, establishment of the AcuityAds brand in North America and the growth of our business”, said Tal Hayek, CEO of AcuityAds. “We continue to see exciting potential to expand our relationship with existing clients and grow our client base. With our new listing on the TSXV, we are delighted to partner with Spinnaker to communicate our track record and growth opportunities to the capital markets” he added.
About AcuityAds Inc.
AcuityAds is a technology company that has developed a programmatic marketing platform powered by proprietary machine learning technology that allows advertisers to target and connect intelligently with their audiences across online display, video, social and mobile campaigns. With operations in New York, Toronto, Los Angeles, Montreal and Texas, AcuityAds’ customers include both large Fortune 500 enterprises and small to mid-sized businesses. For more information, visit www.acuityads.com.
Spinnaker is a Toronto based advisory firm which provides Toronto Stock Exchange and TSXV listed companies with an array of advisory services from investor relations to strategically positioning its portfolio of companies for maximum exposure amongst targeted research analysts, and retail and institutional investors. Spinnaker has long-standing relationships with Canadian, American and European investment banking, asset management and retail brokerage firms with focus on the small to mid capitalization market segment.
For further information, please contact:
AcuityAds Holdings Inc.
Chief Financial Officer
AcuityAds Holdings Inc.
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.
Certain information in this press release may constitute forward-looking information. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. AcuityAds assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to AcuityAds. Additional information identifying risks and uncertainties is contained in AcuityAds’ filings with the Canadian securities regulators, which filings are available at www.sedar.com.