John Small Joins AiAdvertising as Chief Financial Officer

Rhea-AI Summary

AiAdvertising, Inc. (OTC: AIAD) has appointed John Small as its new Chief Financial Officer, succeeding Isabel Gongora. Small, a seasoned financial executive with over 30 years of experience, will oversee financial management and planning as the company embarks on a growth phase.

Previously, he served as CFO at Roman DBDR Tech Acquisition Corp., successfully leading a merger that brought CompoSecure Inc. (NASDAQ: CMPO) public at a $1.2 billion enterprise value. AiAdvertising focuses on utilizing AI and ML to enhance digital marketing efficiency.

Positive

• Appointment of John Small as CFO brings over 30 years of financial expertise.
• His previous success in bringing CompoSecure Inc. public adds credibility.
• Focus on AI and ML positions the company in a growing AdTech market.

Negative

• None.

C-Suite Executive and Capital Markets Industry Veteran to Oversee Company Finances as It Enters the Next Phase of Growth

SAN ANTONIO--(BUSINESS WIRE)-- AiAdvertising, Inc. (OTC: AIAD), a next-generation AdTech company focused on harnessing the power of artificial intelligence (AI) and machine learning (ML) for today's marketing leaders, today announced John Small has joined the Company as Chief Financial Officer. He succeeds Isabel Gongora, who held the position since October 2021. Small brings over 30 years of financial experience with a focus on strategy & operations, mergers & acquisitions, business development, and raising capital. In his role, he will be responsible for managing AiAdvertising’s finances, including tracking cash flow and overseeing financial planning.

“John is a results-driven industry veteran with significant executive leadership experience and capital markets knowledge,” stated Jerry Hug, CEO of AiAdvertising. “We welcome him to our team and know his expertise will be critical to our company as we continue to leverage the latest technologies to create the most exceptional solutions for CMOs and marketing leaders.”

“AiAdvertising is at the forefront of the AdTech industry, and I am thrilled to be joining the company,” said Small. “I look forward to bringing the expertise I have developed during my career to AiAdvertising in order to successfully manage the company’s finances as it continues its rapid growth and advancement.”

Prior to his current position, Small previously held CFO and COO roles across a variety of industries including media, cryptocurrency, software, and fintech. Notably, he served as CFO of Roman DBDR Tech Acquisition Corp., where oversaw a successful merger transaction that was closed in December 2021, bringing CompoSecure Inc. (NASDAQ: CMPO) public with a $1.2 billion enterprise value. Small holds a BA in Economics from Cornell University.

About AiAdvertising

AiAdvertising, Inc. (OTC: AIAD) is a next-generation AdTech company that is harnessing the power of artificial intelligence (AI) and machine learning (ML) to build software for today’s marketing leaders. We are focused on eliminating waste and maximizing the return on digital ad spend.

Our flagship product, the Campaign Performance Platform, is a subscription-based, end-to-end Ad Management solution. The platform empowers brands and agencies to easily target, predict, create, scale, and measure hyper-personalized campaigns.

For more information about the company, please visit www.AiAdvertising.com or our LinkedIn or Twitter pages.

Forward-Looking Statements

This press release may contain “forward-looking statements.” Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations, and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy, and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements are included in our filings with the Securities and Exchange Commission, including the “Risk Factors” section of our annual report on Form 10-K for the year ended December 31, 2020. Any forward-looking statement made by us in this release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments, or otherwise, except as may be required under applicable law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230321005408/en/

Investor Contact:

Larry Holub/Chris Tyson

312-261-6412

AIAD@mzgroup.us

www.mzgroup.us

Press Contact:

Kati Waldenburg

973-924-9797

AIADPR@mzgroup.us

Source: AiAdvertising, Inc.

FAQ

Who is the new CFO of AiAdvertising?

John Small has been appointed as the new CFO of AiAdvertising.

What is the previous role of John Small before joining AiAdvertising?

He served as CFO at Roman DBDR Tech Acquisition Corp., overseeing a successful merger.

What is the significance of John Small's appointment for AiAdvertising?

His extensive experience in finance and capital markets is expected to aid AiAdvertising's growth.

What industry does AiAdvertising operate in?

AiAdvertising operates in the AdTech industry, focusing on AI and ML solutions.

What was the enterprise value during CompoSecure's public listing?

CompoSecure Inc. went public at an enterprise value of $1.2 billion.