Looking for creative solutions to promote your business and reach faster to your target market?

Looking for creative solutions to promote your business and reach faster to your target market? Contact Media in Toronto via email: mediaintoronto@gmail.com

Sial 2018 - Montreal - Canada

AcuityAds Announces Closing of CDN$4.6 Million Bought-Deal Financing and Full Exercise of Over-Allotment Option

/NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

TORONTO, April 17, 2018 /CNW/ - AcuityAds Holdings Inc. (TSXV:AT) ("AcuityAds" or the "Company"), a technology leader that provides targeted digital media solutions by leveraging its proprietary AI technology to enable advertisers to connect intelligently with audiences across video, mobile, social and online display advertising campaigns, today announced that it has closed its previously announced bought-deal private placement (the "Offering") of common shares (the "Shares") of the Company with a syndicate of underwriters led by Haywood Securities Inc. and including Canaccord Genuity Corp. and Gravitas Securities Inc. (the "Underwriters"). An aggregate of 4,600,000 Shares were issued by the Company at a price per Share of CDN$1.00 (the "Offering Price"), including 600,000 Shares issued on full exercise of the over-allotment option for aggregate gross proceeds of CDN$4.6 million.