KUBIENT INC - KBNT STOCK NEWS

Kubient (NasdaqCM: KBNT) announced a partnership with Verve Group to enhance the digital advertising landscape. This collaboration aims to streamline the supply chain by giving advertisers access to premium inventory and increasing transparency. According to Ryan Adams, SVP of Partnerships at Kubient, this partnership will improve bidding processes for brands and expand advertiser access for publishers. Kubient leverages its AI technology, KAI, for pre-bid ad fraud prevention, aiming to improve credibility in ad transactions. This partnership is expected to create new revenue opportunities for Kubient.

Kubient (NASDAQ:KBNT, KBNTW) is set to participate in two significant virtual conferences in September 2021. The first is the 10th Annual Gateway Conference on September 8th at 11:00 a.m. ET, followed by the H.C. Wainwright 23rd Annual Global Investment Conference on September 13th at 7:00 a.m. ET. Paul Roberts, the Founder and Interim CEO, will present at both events, highlighting the company’s cloud-based digital advertising platform designed for enhancing marketplace liquidity and transparency for advertisers and publishers.

Kubient, a digital advertising software platform, announced its Q2 2021 financial results on August 16, revealing a 54.6% increase in monetizable publisher inventory from Q1 2020 to Q2 2021.

The company added several key executives and joined the Russell Microcap Index. Kubient's KAI audits saw 27 scheduled for H1 2021, indicating demand growth. Management has executed a non-binding LOI for a potential acquisition in ad-tech, aiming to leverage new technology to enhance ad fraud detection. However, they remain cautious due to broader economic factors affecting the job market.

Kubient (NasdaqCM: KBNT) released figures from its proprietary ad fraud detection tool, KAI, highlighting ongoing ad fraud issues in the digital advertising landscape. From Q1 to Q2 2021, ad fraud rates decreased by 3% across mobile, desktop, and CTV platforms, yet fraud remains prevalent, especially in CTV where rates approach 30%. The company emphasizes the importance of pre-bid fraud protection for marketers to ensure campaign integrity. Despite efforts, significant challenges persist as fraudulent traffic continues to impact marketing budgets.

Kubient, a cloud-based digital advertising platform, will hold a conference call on August 16, 2021, at 4:30 p.m. ET to discuss its financial results for the second quarter ended June 30, 2021. The call will follow a press release detailing the financial outcomes. Interested participants can join through U.S. dial-in 1-800-915-4586 or international 1-212-231-2914. A replay will be available after 7:30 p.m. ET on the same day until August 23, 2021. Kubient focuses on transforming the digital advertising industry through innovative technology and robust marketplace solutions.

Kubient (NasdaqCM: KBNT) announced the addition of Mike Gavigan and Mark St. Amour as Vice Presidents of Performance Media, enhancing its digital advertising capabilities. Both executives bring over 40 years of combined experience, having previously worked with notable brands such as Lands' End and Domino's Pizza. Their roles aim to strengthen Kubient's market position and client relationships, focusing on innovative solutions to combat ad fraud and improve client acquisition. The company continues to prioritize transparency and advanced technology in its cloud-based advertising services.

Kubient, Inc. (NasdaqCM: KBNT) announced its upcoming inclusion in the Russell Microcap® Index effective June 28, 2021, following the annual reconstitution. This membership will enhance its equity profile and access to a broader investment community. Kubient's founder, Paul Roberts, highlighted this as a pivotal step in their growth strategy, aiming to transform digital advertising through audience-based marketing. The Russell indexes benchmark approximately $10.6 trillion in assets, indicating significant market recognition for Kubient's platform.

Kubient, Inc. (NasdaqCM: KBNT) announced the nomination of Jon Bond and Larry Harris to its Board of Directors, set for election on June 30, 2021. Bond brings over 35 years of advertising experience, having co-founded several successful firms, including Kirshenbaum Bond Senecal and Big Fuel. Harris, founder of Alpha Precision Media, has a strong background in adtech. Kubient's leadership aims to leverage their expertise to enhance growth within the programmatic digital advertising space. This strategic move is intended to strengthen the company's operational capabilities as it seeks to scale.