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AcuityAds Holdings (TSX: AT, NASDAQ: ATY) will participate in the 5th Annual Lake Street Best Ideas Growth Conference on September 14-15, 2021. CEO Tal Hayek will hold one-on-one meetings on September 14, allowing investors to engage directly with the company. The conference will showcase over 100 small-cap companies across diverse sectors, providing valuable insights for investors. AcuityAds specializes in omnichannel digital advertising, leveraging its illumin™ technology for effective campaign management and superior return on advertising spend.
AcuityAds Holdings reported strong Q2 2021 results, with total revenue of $30.3 million, up 54.9% year-over-year. The company's new platform, illumin, generated $5.2 million in revenue, contributing to a 154% increase in Adjusted EBITDA to $5.4 million. The gross margin improved to 52.2%, and net income reached $3.4 million, reversing a prior loss. The company completed a $57.5 million cross-border offering and successfully listed on Nasdaq under the symbol ATY, enhancing its financial stability and growth prospects.
AcuityAds Holdings Inc. (TSX: AT, Nasdaq: ATY) is set to present at the Canaccord Genuity 41st Annual Growth Conference on August 11, 2021, at 3:00 PM ET. Co-Founder and CEO Tal Hayek will host one-on-one meetings during the event, which runs from August 10-12, featuring around 600 companies across various sectors. AcuityAds specializes in omnichannel digital advertising, leveraging its proprietary technology, illumin™, for enhanced marketing outcomes. The company is headquartered in Toronto with a presence in Canada, the U.S., Europe, and Latin America.
AcuityAds Holdings Inc. announced the results of its annual shareholder meeting held on June 16, 2021. All director nominees were successfully elected with high approval rates. Tal Hayek received 99.961% of votes for his position, while Roger Dent faced the lowest approval at 50.822%. Additionally, the re-appointment of auditors was approved, garnering 99.828% of votes in favor. AcuityAds continues to position itself as a leader in targeted digital media solutions, leveraging its proprietary artificial intelligence technology.
AcuityAds Holdings Inc. (TSX: AT; NASDAQ: ATY) announced that CEO Tal Hayek will host one-on-one meetings during the Roth Capital Virtual London Conference on June 22, 2021. The conference runs from June 21 to 23, providing a platform for investors to connect with management from around 130 companies across various sectors. AcuityAds specializes in targeted digital media solutions, offering comprehensive advertising technology through its illumin™ platform. The company is headquartered in Toronto and operates internationally.
AcuityAds Holdings has completed its marketed public offering of 5,665,025 common shares at US$10.15 each, raising gross proceeds of US$57.5 million. The funds aim to fortify the company's financial standing, support ongoing operations, and potentially pursue growth through acquisitions or investments in complementary businesses. The offering was managed by a syndicate led by Canaccord Genuity and Needham & Company. Notably, this offering was conducted in compliance with Canadian and U.S. securities regulations.
AcuityAds Holdings announced a marketed public offering of 4,926,109 common shares priced at US$10.15 each, totaling US$50 million in gross proceeds. Trading on Nasdaq under symbol ATY starts June 10, 2021, with closing expected by June 14, 2021. The offering is led by Canaccord Genuity and Needham & Company, with an over-allotment option for an additional 738,916 shares. Proceeds will enhance financial strength and support growth strategies. The company has also terminated securities disposition plans for its Co-Founders, confirming no material non-public information is held.
AcuityAds Holdings Inc. announced its initial public offering (IPO) in the U.S., aiming to raise US$50 million through a marketed public offering of common shares. The IPO will also be conducted in Canada and is expected to list on The Nasdaq Capital Market under the ticker symbol AT. The company plans to use the proceeds to enhance its financial position and support growth strategies. An over-allotment option of US$7.5 million is available for underwriters for 30 days post-offering. Closing is subject to customary conditions and approvals.
AcuityAds Holdings has announced significant management changes, including the retirement of CFO Jonathan Pollack later this year. Pollack expressed pride in the company's financial achievements during his tenure. The search for his successor is underway, and he will assist in the transition. Additionally, Lisa Donohue has been nominated to join the board, bringing extensive experience from her roles at Publicis Groupe. These changes align with AcuityAds' strategy to enhance governance and pursue a NASDAQ listing, reflecting the company's continuing growth and commitment to capital markets.
