NEW YORK, Nov. 03, 2023 (GLOBE NEWSWIRE) — Collective Audience, Inc. (Nasdaq:CAUD), a leading provider of digital consumer acquisition solutions, announced today that its common stock has begun trading 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. (formerly traded on Nasdaq as ASPA, ASPAW, ASPAU ), a special purpose buyout company that Abri announced yesterday.
The newly combined company was renamed Collective Audience, Inc. to reflect its innovative performance marketing platform designed to identify, convert and monetize the collective audiences of leading brands and publishers.
About collective audience
Collective Audience is a US-based provider of e-commerce and digital customer acquisition solutions that simplify digital advertising. It provides data-driven, end-to-end marketing through its results solutions or access to data to activate campaigns across multiple channels.
The company’s digital marketing business includes a holistic, self-service AdTech platform, a proprietary data-driven, AI-powered system that enables brands and agencies to advertise across thousands of the world’s leading digital media and connected TV platforms. To learn more, visit collectiveaudience.co.
Important warnings regarding Forward-looking statements
This press release contains certain statements that are not historical facts but are forward-looking statements for purposes of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally accompanied by words such as “believe, “may,” “will”, “estimate”, “continue”, “anticipate”, “intend”, “expect”, “should”, “would”, “plan”, “predict”, “potential”, “seem”, “seek” , “future,” “outlook,” and similar expressions that predict or indicate future events or trends, or that are not statements of historical fact. All statements, other than statements of current or historical fact, included in this press release regarding Abri’s merger with DLQ, the merits of the transaction and the combined company’s future financial performance, as well as the combined company’s strategy, future operations, estimated financial condition, estimated income and loss , expected costs, prospects, plans and goals of management are forward-looking statements. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of the respective managements of Collective Audience and DLQ and are not predictions of actual results. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and should not be relied upon as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Collective Audiences or DLQ. Potential risks and uncertainties that could cause actual results to differ materially from those expressed or implied by forward-looking statements include, but are not limited to, changes in domestic and foreign business, market, financial, political and legal relationship; unforeseen circumstances that could adversely affect the combined company or the expected benefits of the Merger; failure to realize the expected benefits of the Merger; risk related to the uncertainty of the projected financial information; the overall level of consumer demand for Collective Audience’s products/services; general economic conditions and other factors affecting consumer confidence, preferences and behavior; disruptions and volatility in the global currency, capital and credit markets; the financial strength of Collective Audience’s customers; Collective Audience’s ability to implement its business strategy; changes in government regulation, Collective Audience’s exposure to litigation and other loss events; disruptions and other impacts to Collective Audience’s business as a result of the COVID-19 pandemic and government actions and restrictive measures implemented in response; the stability of Collective Audience’s suppliers as well as consumer demand for its products in light of disease epidemics and health-related concerns such as the COVID-19 pandemic; the impact that global climate change trends may have on Collective Audience and its suppliers and customers; Collective Audience’s ability to protect patents, trademarks and other intellectual property rights; any breaches or interruptions in Collective Audience’s information systems; fluctuations in the price, availability and quality of electricity and other raw materials and contracted products, as well as currency fluctuations; changes in tax laws and obligations, tariffs, legal, regulatory, political and economic risks. More information about potential factors that could affect Collective Audience’s financial results is included from time to time in Collective Audience’s public reports filed with the SEC. If any of these risks materialize or Collective Audience’s assumptions prove incorrect, actual results could differ materially from those implied by these forward-looking statements. There may be additional risks that Collective Audience currently knows or that Collective Audience currently believes are immaterial, which could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Collective Audience’s expectations, plans or forecasts of future events and views as of the date of this press release. Nothing in this press release should be considered a representation by any person that the forward-looking statements made herein will be achieved or that any of the results contemplated by such forward-looking statements will be achieved. Collective Audience anticipates that subsequent events and developments will cause their ratings to change. However, while Collective Audience may choose to update these forward-looking statements at some point in the future, Collective Audience specifically disclaims any obligation to do so, except as required by law. These forward-looking statements should not be relied upon as representing Collective Audience’s judgments as of any date subsequent to the date of this press release. Therefore, undue reliance should not be placed on the forward-looking statements.
Brent Suen, CEO
Collective Audience, Inc.
CMA Investor Relations
Tel. (949) 432-7566
CMA media relations
Tel. (949) 432-7572