Specificity Eyes 2025 for Serious Growth
Rhea-AI Summary
Specificity Inc. (OTC Pink: SPTY) has reported significant achievements for December 2024, adding over $500,000 in annual run-rate revenue through new client acquisitions and increased spending from existing clients. The digital marketing firm has experienced a notable increase in Requests for Proposals (RFPs), indicating growing market recognition.
The company is actively working towards regaining SEC compliance in partnership with CM3 Advisory to complete its audit, following challenges from the early 2024 loss of certification by former auditor BF Borgers. These issues were external and not related to Specificity's core operations. The company expects to achieve SEC compliance by the end of March 2025.
Positive
- Added $500,000 in annual run-rate revenue in December 2024
- Increased demand shown through rising RFPs
- Growth in both new client acquisitions and existing client spending
Negative
- Lost auditor certification in early 2024
- Currently not SEC compliant
- Trading on OTC Pink market due to compliance issues
News Market Reaction
On the day this news was published, SPTY declined 13.75%, reflecting a significant negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Adds Revenue and Progresses Audit in Order to Regain SEC Compliance
Sarasota, Florida--(Newsfile Corp. - January 10, 2025) - Specificity Inc. (OTC Pink: SPTY) (the "Company"), a full-service digital marketing firm delivering advanced audience targeting solutions, is thrilled to announce a highly successful close to 2024, marked by substantial operational and corporate achievements.
December 2024 was a breakthrough month for Specificity, with the Company adding over
On the corporate front, Specificity has made significant strides in its efforts to regain SEC compliance. The Company continues to work closely with CM3 Advisory to finalize its audit and resolve challenges stemming from the early 2024 loss of certification by its former auditor, BF Borgers. Importantly, these issues were external and unrelated to Specificity's business operations, which remain robust and healthy.
Jason Wood, Chief Executive Officer of Specificity, shared, "I couldn't be prouder of our team's relentless drive to propel our business forward. December's success reflects our commitment to delivering exceptional value to our clients, and we're already seeing January shape up to surpass it. On the corporate side, our financial team, advisors, and audit partner are making excellent progress, and we remain on track to achieve SEC compliance by the end of March 2025. We're entering 2025 with tremendous momentum and are excited to share more updates with our shareholders in the months ahead."
About Specificity, Inc.
Specificity, headquartered in Sarasota, Florida, is a full-service digital marketing firm specializing in advanced audience targeting. Serving both B2B and B2C clients, Specificity's mission is to level the playing field for small and medium-sized businesses by leveraging cutting-edge tools to identify and market to individuals actively in the buying cycle. By capitalizing on real-time digital marketing opportunities, Specificity empowers clients to drive impactful, results-oriented campaigns.
For more information about Specificity Inc. and its innovative marketing solutions, visit https://www.specificityinc.com/. Stay connected with Specificity's growing community on Facebook and LinkedIn. Specificity is publicly traded under the ticker symbol #SPTY.
For more information, please contact:
ClearThink Investor Relations nyc@clearthink.capital
Jason Wood, CEO jason@specificityinc.com
Forward-Looking Statements Disclaimer:
This press release contains forward-looking statements that can be identified by terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Many forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results implied by such statements. Many factors are difficult to predict accurately and are generally beyond the Specificity's control. Forward-looking statements speak only as to the date they are made, and we do not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
Although forward-looking statements contained in this presentation are based upon what management of Specificity Inc. believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Specificity Inc. undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/236646
FAQ
What revenue growth did SPTY achieve in December 2024?
When does SPTY expect to regain SEC compliance?
What caused SPTY to lose its SEC compliance in 2024?
Who is SPTY working with to complete its audit?
What business improvements did SPTY report for late 2024?
