Rock shelter

Collective Audience Appoints Technology Visionary, Investor, and Executive Leader, Peter Bordes, as Chief Executive Officer

Retrieved on: 
Monday, December 11, 2023
Adtech (company), Music, Family office, RTB, Cannabis, CNBC, Fintech, Angel investor, Acquisition, Martech, Trustee, Collective, Beasley Broadcast Group, Rock shelter, News, Bordes, Digital media, AI, Communication, Death, Bee, Performance, Machine learning, Advertising, Social media, Investment, Publication, Airbnb, OTC, Intelligence, Employment, CBD

“I have experienced Peter’s guidance and leadership on the executive, operational and board level to be unparalleled.

Key Points: 
  • “I have experienced Peter’s guidance and leadership on the executive, operational and board level to be unparalleled.
  • It will deliver long sought-after visibility, complementary technology, and unique audience data that drives our focus on performance, brand reach, traffic and transactions.
  • Logiq, Inc. (OTC: LGIQ), a U.S.-based advertising technology company and significant stockholder of Collective Audience.
  • The vesting of shares of common stock underlying the restricted stock grant are subject to Bordes’ continuous service with Collective Audience through each such vesting date.

Collective Audience Issues Shares to Logiq for Special Dividend Distribution of Shares

Retrieved on: 
Monday, November 6, 2023
Sale, OTCQX, Acquisition, Bangladesh Securities and Exchange Commission, Rock shelter, ASPA, 8-K, DLQ, Failure, Holding company, Security (finance)

On the same day, Logiq declared a special dividend distribution of the 3,762,000 shares of Collective Audience common stock to Logiq stockholders of record as of the dividend record date (October 24, 2023).

Key Points: 
  • On the same day, Logiq declared a special dividend distribution of the 3,762,000 shares of Collective Audience common stock to Logiq stockholders of record as of the dividend record date (October 24, 2023).
  • The dividend will be distributed at a ratio of 0.027 shares of Collective Audience common stock per each one share of Logiq common stock.
  • Logiq reports that the dividend distribution process has begun, but no dividend of Collective Audience common stock has been issued or delivered to Logiq shareholders as of today’s date.
  • Logiq announced that it has received reports that certain brokerage firms have prematurely or erroneously credited their client's accounts with the dividend distribution of the Collective Audience shares.

Collective Audience Begins Trading Under New Nasdaq Ticker Symbol, CAUD

Retrieved on: 
Friday, November 3, 2023
OTCQX, Acquisition, Rock shelter, ASPA, DLQ, Music

NEW YORK, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Collective Audience, Inc. (Nasdaq:CAUD), a leading provider of digital consumer acquisition solutions, announced its common stock has commenced trading today on the Nasdaq Global Market under the new ticker symbol - CAUD.

Key Points: 
  • NEW YORK, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Collective Audience, Inc. (Nasdaq:CAUD), a leading provider of digital consumer acquisition solutions, announced its common stock has commenced trading today on the Nasdaq Global Market under the new ticker symbol - CAUD.
  • The commencement of trading on Nasdaq follows the completion of the business combination involving DLQ, Inc., a former subsidiary of Logiq, Inc (OTCQX: LGIQ) and with Abri SPAC I, Inc. (previously traded on Nasdaq as ASPA, ASPAW, ASPAU), a special purpose acquisition company, which Abri announced yesterday.
  • The newly combined company was renamed Collective Audience, Inc. to reflect its innovative performance marketing platform which has been designed to identify, convert and monetize the collective audience of leading brands and publishers.

Abri SPAC I, Inc. Announces Completion of Business Combination

Retrieved on: 
Thursday, November 2, 2023
OTCQX, Acquisition, Mergers and acquisitions, Digital, ASPA, DLQ, Rock shelter

NEW YORK, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Abri SPAC I, Inc. (Nasdaq: ASPA, ASPAW, ASPAU, “Abri”), a special purpose acquisition company (“SPAC”), today announced the closing of its previously announced business combination (the “Merger”) with DLQ, Inc., a provider of e-commerce and digital customer acquisition solutions for digital advertising, and a subsidiary of Logiq, Inc (OTCQX: LGIQ).

Key Points: 
  • NEW YORK, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Abri SPAC I, Inc. (Nasdaq: ASPA, ASPAW, ASPAU, “Abri”), a special purpose acquisition company (“SPAC”), today announced the closing of its previously announced business combination (the “Merger”) with DLQ, Inc., a provider of e-commerce and digital customer acquisition solutions for digital advertising, and a subsidiary of Logiq, Inc (OTCQX: LGIQ).
  • Upon closing of the Merger, the previously-trading units of Abri ceased to trade and were separated into their component parts.
  • Chardan Capital Markets served as the financial advisor to Abri in the transaction.
  • After the closing, the combined company will be led by Mr. Brent Suen and will be supported by an experienced 5-member board.

DLQ Announces Effectiveness of Registration Statement on Form S-4 in Connection with Pending Listing on NASDAQ via Merger with Abri SPAC I

Retrieved on: 
Monday, October 2, 2023
SPAC, Form S-4, ABRI, DLQ, Special, ASPA, Register, Prospectus, Acquisition, OTCQX, Registration statement, Form, Proxy, Security (finance), Rock shelter

The registration statement on Form S-4, initially filed with the U.S. Securities and Exchange Commission (SEC) by Abri on November 3, 2022, (as amended, the “Registration Statement”), was declared effective by the SEC on September 29.

Key Points: 
  • The registration statement on Form S-4, initially filed with the U.S. Securities and Exchange Commission (SEC) by Abri on November 3, 2022, (as amended, the “Registration Statement”), was declared effective by the SEC on September 29.
  • The Registration Statement was filed in connection with the previously announced merger of DLQ and Abri and contains a proxy statement and prospectus of Abri.
  • Logiq’s proxy statement contains important information about the proposed merger transactions, the merger agreement and the proposals to be considered at the Special Meeting.
  • Abri’s Registration Statement is available and may be accessed without charge on the SEC’s website at www.sec.gov (as filed under Abri SPAC I, Inc.).

ABRI SPAC I, INC. Announces Offer of Reverse Redemptions in Connection with Vote to Extend Period to Consummate its Initial Business Combination

Retrieved on: 
Friday, December 9, 2022
Technology, Finance, Advertising, Electronic Commerce, Communications, Professional Services, Software, Digital Marketing, Data Management, Transfer, Electricity, Probability, Trust, See, Registration statement, Person, Proxy statement, Name, Intellectual property, Proxy, ASPA, Business architecture, Government, COVID-19, Behavior, DTC, Telephone, Failure, Acquisition, Register, Risk, Security (finance), Rock shelter, Mergers and acquisitions, DLQ

In connection with the special meeting, the Company received requests to redeem 4,931,548 shares from its public stockholders.

Key Points: 
  • In connection with the special meeting, the Company received requests to redeem 4,931,548 shares from its public stockholders.
  • Upon closing of the business combination, the combined company is expected to remain NASDAQ-listed under the name DataLogiq, Inc.
  • Abri is a blank check company formed for the purpose of effecting a business combination with one or more businesses.
  • In connection with the proposed Merger, Abri intends to file preliminary and definitive proxy statements with the SEC.

Logiq Signs LOI to Acquire Privately Held Operating Company

Retrieved on: 
Friday, November 18, 2022
COVID-19, Growth, Safe harbor, Digital, SPAC, OTCQX, Legislation, Annual report, Security (finance), NYSE, The O.C., Rock shelter, Acquisition, Risk management, Sales, Financial services, Bank, Audit

NEW YORK, Nov. 18, 2022 (GLOBE NEWSWIRE) -- Logiq, Inc. (OTCQX: LGIQ) (“the Company”), a provider of digital consumer acquisition solutions, today announced that it has signed a non-binding letter of intent (“LOI”) with a privately held operating company (“PrivCo”) in which – effectively simultaneous with Logiq’s pending de-SPAC transaction with Abri SPAC I– Logiq will acquire PrivCo in a share exchange of newly issued Logiq shares for 100% of the shareholder interests of PrivCo. PrivCo will become a wholly-owned subsidiary of the Company and is expected to place executives in senior management positions.

Key Points: 
  • The transaction would be executed simultaneously with Logiqs pending Abri de-SPAC deal whereby the confidential target would be acquired to become a wholly owned subsidiary of Logiq.
  • NEW YORK, Nov. 18, 2022 (GLOBE NEWSWIRE) -- Logiq, Inc.(OTCQX: LGIQ) (the Company), a provider of digital consumer acquisition solutions, today announced that it has signed a non-binding letter of intent (LOI) with a privately held operating company (PrivCo) in which effectively simultaneous with Logiqs pending de-SPAC transaction with Abri SPAC I Logiq will acquire PrivCo in a share exchange of newly issued Logiq shares for 100% of the shareholder interests of PrivCo.
  • PrivCo will become a wholly-owned subsidiary of the Company and is expected to place executives in senior management positions.
  • The recent announcement of the Abri SPAC I (special purpose acquisition company) transaction for Logiq opens a possibility for Logiq to acquire PrivCo simultaneous with the DataLogiq business being acquired by Abri.

Logiq Signs LOI to Acquire Privately Held Operating Company

Retrieved on: 
Thursday, November 17, 2022
COVID-19, Growth, Safe harbor, Digital, SPAC, OTCQX, Legislation, Annual report, Security (finance), NYSE, The O.C., Rock shelter, Acquisition, Risk management, Sales, Financial services, Bank, Audit

NEW YORK, Nov. 17, 2022 (GLOBE NEWSWIRE) -- Logiq, Inc. (OTCQX: LGIQ) (“the Company”), a provider of digital consumer acquisition solutions, today announced that it has signed a non-binding letter of intent (“LOI”) with a privately held operating company (“PrivCo”) in which – effectively simultaneous with Logiq’s pending de-SPAC transaction with Abri SPAC I (Nasdaq: ASPA) – Logiq will acquire PrivCo in a share exchange of newly issued Logiq shares for 100% of the shareholder interests of PrivCo. PrivCo will become a wholly-owned subsidiary of the Company and is expected to place executives in senior management positions.

Key Points: 
  • NEW YORK, Nov. 17, 2022 (GLOBE NEWSWIRE) -- Logiq, Inc.(OTCQX: LGIQ) (the Company), a provider of digital consumer acquisition solutions, today announced that it has signed a non-binding letter of intent (LOI) with a privately held operating company (PrivCo) in which effectively simultaneous with Logiqs pending de-SPAC transaction with Abri SPAC I (Nasdaq: ASPA) Logiq will acquire PrivCo in a share exchange of newly issued Logiq shares for 100% of the shareholder interests of PrivCo.
  • PrivCo will become a wholly-owned subsidiary of the Company and is expected to place executives in senior management positions.
  • The recent announcement of the Abri SPAC I (special purpose acquisition company) transaction for Logiq opens a possibility for Logiq to acquire PrivCo simultaneous with the DataLogiq business being acquired by Abri.
  • Large institutional shareholders including an American fund management company, Swiss bank and Asian conglomerate
    Logiq Chief Executive Officer, Brent Suen, commented, We are excited about the late-stage discussions underway with this privately held operating company to complete a transaction that is win-win for both companies shareholders.

Logiq Reports Third Quarter 2022 Financial Results

Retrieved on: 
Tuesday, November 15, 2022
Growth, Gambling, SPAC, Kings Cross, London, Advertising, Traction, OTCQX, EV, Cannabis, Adtech (company), Esports, DLQ, Rock shelter, Form, Acquisition, Internet service provider, Fine chemical

Operating HighlightsCommenting on the Company’s recent results, Logiq CEO Brent Suen, said, “Our November 8th announcement of our largest new customer sales contract ever – at $2 million to $3 million monthly -- indicates our excellent operational progress. Far from being an outlier, we expect to have one or more similar such large sales to announce in the current quarter.

Key Points: 
  • The third quarters consolidated revenue includes $334,987 from GoLogiq which was majority owned by Logiq until its successful spin off of 87.8 percent of its shares, as an independent publicly traded company, to Logiq shareholders on July 27, 2022.
  • Far from being an outlier, we expect to have one or more similar such large sales to announce in the current quarter.
  • We expect to exit 2022 north of a $40M run-rate while our outlook for 2023 is stronger than ever.
  • The Company will host an investor teleconference today, Tuesday, November 15 at 10:30 Eastern to discuss its third quarter report; details are provided below.

Logiq Signs New Client Services Contract

Retrieved on: 
Tuesday, November 8, 2022
GLOBE, Gambling, ASPA, Marketing, Phrase, DLQ, U.S. Securities and Exchange Commission, Rock shelter, Advertising, Nasdaq, Esports, Digital, Safe harbor, COVID-19, Securities Act of 1933, Legislation, SEC, Annual report, NASDAQ, The O.C., Solution, Traction, Securities Exchange Act of 1934, Kings Cross, London, OTCQX, Growth, Security (finance), Acquisition, Sales, Risk management, Public relations, Audit, Cannabis

“This contract speaks to an often-overlooked aspect of our acquisition strategy,” Mr. Suen continued. “New business leads are not normally valued on a balance sheet, but it is a key component of our due diligence process. By consolidating Battle Bridge with Logiq, major operational synergies were quickly achieved increasing our depth of expertise and expanding the range of services we can offer in-house -- enabling us to better compete for more and larger new business opportunities.

Key Points: 
  • The client, whose name is not disclosed for competitive reasons, is a mid-sized operating business (not an agency nor a reseller).
  • This contract was already in the new business pipeline of Battle Bridge, a digital marketing firm that we acquired earlier this year.
  • This contract speaks to an often-overlooked aspect of our acquisition strategy, Mr. Suen continued.
  • Travis Phipps, founder of Battle Bridge and sales lead for Logiq Agency Services, said, I couldnt be more pleased with our recent new client traction and expect further wins similar in size to this one.