Collective Audience, Inc. - CAUD STOCK NEWS

Collective Audience (NASDAQ:CAUD) has completed its acquisition of BeOp, an award-winning AdTech innovator. BeOp brings a SaaS-based revenue stream and a high-growth marketplace to Collective Audience's ecosystem. Key highlights include:

1. BeOp's customer base includes premium brands like Range Rover, Tommy Hilfiger, and Samsung.
2. The platform serves over 200 global publishers with 50+ million unique monthly visitors.
3. BeOp's revenue grew 35% to $3.7 million in 2023.
4. The combined companies expect to generate positive EBITDA in 2024, with pro forma revenues exceeding $7.5 million.
5. BeOp's technology offers cookieless targeting and next-gen high-speed ad-serving.
6. The acquisition is expected to accelerate Collective Audience's revenue growth and enhance its profitability profile.

Collective Audience (Nasdaq: CAUD) has acquired a 51% stake in DSL Digital, a provider of Marketing-as-a-Service solutions powered by proprietary AI technology. The all-stock transaction brings multi-million-dollar profitable revenues growing at 20% annually and a prestigious Fortune 500 B2B customer base to Collective Audience. The acquisition adds DSL Digital's first-party consumer data, a 20-member global services team, and proprietary AI-powered AdTech tools. These assets will enhance Collective Audience's AudienceCloud and enable the launch of AudienceServices™ for global brands and agencies. The company expects substantial revenue growth starting in Q2 2024, with further acceleration in the latter half of the year. The acquisition aligns with Collective Audience's strategy of scaling enterprise value through accretive acquisitions and transitioning to a new business model focused on audience-based performance advertising and media for the open web.

Collective Audience CEO, Peter Bordes, has been appointed to the board of Symitri, the first integrated privacy firewall and real-time data cleanroom for the open web. Bordes brings over 30 years of experience in AdTech, media, AI, fintech, and technology. Symitri aims to balance privacy and data needs, ensuring the sustainability of open internet advertising. Bordes joins other notable executives and investors on the board, including Keith Bank and Jeff White. Collective Audience continues to enhance its AudienceDesk™ platform, aiming for seamless and secure digital advertising solutions.

Collective Audience (NASDAQ: CAUD) has received another notification from Nasdaq regarding non-compliance with listing requirements due to a delay in filing its quarterly report for Q1 2024. The company must submit a compliance plan by June 24, 2024, but expects to file the report sooner. The delay is attributed to accounting complexities following a recent de-SPAC transaction. Despite the reporting delays, CEO Peter Bordes emphasizes ongoing advancements, including the launch of the AudienceDesk™ AdTech platform and new partnerships and acquisitions. The company aims to regain compliance and build shareholder value.

Collective Audience, Inc. appoints Cary Tilds, a seasoned digital advertising executive, to its Advisor Collective, a group of strategic advisors focused on transforming the AdTech, MarTech, and digital media industries. With 30 years of experience working for Fortune 500 companies, Tilds' appointment aims to enhance the company's innovative advertising and media solutions. The Advisory Collective, formed last year, has already facilitated key partnerships and joint ventures, supporting the recent launch of AudienceDesk™ powered by AudienceCloud™. Tilds' expertise is expected to bring valuable insights to Collective Audience, aligning with its mission of creating a unified cloud platform for advertisers, publishers, and audience data.

Collective Audience, Inc. (Nasdaq-GM: CAUD) has partnered with Insticator, a leading engagement solutions provider, to boost revenue and EBITDA generation. This collaboration integrates AudienceDesk™ with Insticator’s network of over 350 million consumers monthly, enhancing customer ROI on ad inventory and campaign performance. The alliance aims to increase revenue streams, improve bidding strategies, and provide access to unique ad units and data capabilities. The partnership is expected to expand Insticator’s U.S. market share, drive revenue growth for Collective Audience, and facilitate shared ownership through equity exchange.