ATY Stock Price, News & Analysis

AcuityAds Holdings Inc. (TSX: AT, Nasdaq: ATY) is set to present at the Canaccord Genuity 41st Annual Growth Conference on August 11, 2021, at 3:00 PM ET. Co-Founder and CEO Tal Hayek will host one-on-one meetings during the event, which runs from August 10-12, featuring around 600 companies across various sectors. AcuityAds specializes in omnichannel digital advertising, leveraging its proprietary technology, illumin™, for enhanced marketing outcomes. The company is headquartered in Toronto with a presence in Canada, the U.S., Europe, and Latin America.

AcuityAds Holdings Inc. (NASDAQ: ATY) will report its second quarter 2021 financial results on August 10, 2021, before market open. A live video Zoom webcast will follow at 8:30 am ET, hosted by Co-Founder Tal Hayek and CFO Jonathan Pollack, which will include a Q&A session. AcuityAds offers a comprehensive digital advertising solution via its illumin™ platform, combining planning, buying, and real-time intelligence through proprietary AI technology. The company operates across North America, Europe, and Latin America, focusing on providing effective advertising return on spend.

AcuityAds Holdings has reported significant growth in its advertising automation platform, illumin, with Q2 2021 revenues reaching $5.2 million, a sequential increase of over 60%. The sales pipeline remains strong, with 40 clients onboarded, reflecting a 135% increase from Q1. CEO Tal Hayek anticipates continued growth in Q3 2021 supported by robust demand and a growing backlog. Despite the positive outlook, the company acknowledges several risks that could impact future performance.

AcuityAds Holdings Inc. (NASDAQ: ATY) announced its inclusion in AdExchanger's 2021 Programmatic Power Players list for the second consecutive year. The recognition stems from the success of its illumin™ journey automation technology, which integrates planning, buying, and analytics in one platform. Esteemed brands like Home Depot and Mercedes Benz utilize illumin for enhanced targeting and efficiency. CEO Tal Hayek remarked on the platform's transformative impact on advertising since its launch in October 2020, positioning it as a leader in programmatic advertising.

AcuityAds Holdings Inc. announced the results of its annual shareholder meeting held on June 16, 2021. All director nominees were successfully elected with high approval rates. Tal Hayek received 99.961% of votes for his position, while Roger Dent faced the lowest approval at 50.822%. Additionally, the re-appointment of auditors was approved, garnering 99.828% of votes in favor. AcuityAds continues to position itself as a leader in targeted digital media solutions, leveraging its proprietary artificial intelligence technology.

AcuityAds Holdings Inc. (TSX: AT; NASDAQ: ATY) announced that CEO Tal Hayek will host one-on-one meetings during the Roth Capital Virtual London Conference on June 22, 2021. The conference runs from June 21 to 23, providing a platform for investors to connect with management from around 130 companies across various sectors. AcuityAds specializes in targeted digital media solutions, offering comprehensive advertising technology through its illumin™ platform. The company is headquartered in Toronto and operates internationally.

AcuityAds Holdings has completed its marketed public offering of 5,665,025 common shares at US$10.15 each, raising gross proceeds of US$57.5 million. The funds aim to fortify the company's financial standing, support ongoing operations, and potentially pursue growth through acquisitions or investments in complementary businesses. The offering was managed by a syndicate led by Canaccord Genuity and Needham & Company. Notably, this offering was conducted in compliance with Canadian and U.S. securities regulations.