Alltemp’s Digital Ad Firm Acquisition Scheduled for September Closing
Alltemp, Inc. (OTCPK: LTMP) has finalized a letter of intent to acquire Digi Messaging & Advertising, Inc. through a share exchange agreement, effective September 2021. Digi operates several digital marketing service platforms, aimed at enhancing customer targeting through big data. This acquisition is expected to enhance Alltemp's market presence in digital marketing, vital for its growth strategy in the evolving tech landscape. Alltemp is noted for its proprietary refrigerant technology, which mitigates environmental impact.
- Acquisition of Digi enhances Alltemp's digital marketing capabilities.
- Digi's platform aims to improve customer targeting efficiency.
- Strategic move aligns with Alltemp's growth objectives.
- None.
WESTLAKE VILLAGE, Calif., Aug. 30, 2021 (GLOBE NEWSWIRE) -- Alltemp, Inc. (“Alltemp” or “the Company”) (OTCPK: LTMP) announces that the Company’s previously announced definitive letter of intent to acquire an established digital advertising and marketing business, Digi Messaging & Advertising, Inc. (“Digi”) through a share exchange agreement, is now scheduled to be effective September 2021.
About Digi Messaging & Advertising, Inc.
Digi Messaging & Advertising, Inc. is a digital marketing and advertising company which currently operates multiple service platforms, including SMS, push notification, short links, email and more. Digi is currently building a consumer facing digital marketing and communications platform-as-a-service to allow enterprises, both large and small, to leverage big data to micro-target customers with disruptive increases in efficiency.
About Alltemp
Alltemp, Inc. has developed a proprietary refrigerant technology called alltemp®, a replacement for many refrigerants that have detrimentally affected the global environment. Alltemp refrigerants have applications in Heating Ventilation and Air Conditioning (HVAC), refrigeration, foam insulation, and industrial solvents. For further information, please go to www.alltempsolutions.com.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of The Private Securities Litigation Reform Act of 1995 (the "Act"), as well as Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. In particular, when used in the proceeding discussion, the words "plan," "confident that," "believe," "expect," or "intend to," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements are subject to certain risks and uncertainties that are subject to change at any time, and the Company's actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, the availability of components for and delays in the start of production, general acceptance of the Company's products and technologies, competitive factors, the ability to successfully complete additional financing, and other risks.
Ben Hansel
(720) 288-8495
FAQ
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