NEW YORK, March 16, 2023 (GLOBE NEWSWIRE) -- Logiq, Inc. (OTC:LGIQ), a leading provider of digital consumer acquisition solutions, has today announced the termination of its stock purchase agreement with Ionic Ventures and withdrawal of its S-1 financing facility.
Logiq CEO, Brent Suen, stated: "We plan to embark on a decisive path of mergers and acquisitions, given that there is an amazing opportunity to increase our size, presence and revenue profile this year."
About Logiq
Logiq Inc. is a U.S.-based provider of e-commerce and digital customer acquisition solutions by simplifying digital advertising. It provides data-driven, end-to-end marketing through its results solution or providing software to access data by activating campaigns across multiple channels.
The company's Digital Marketing business includes a holistic, self-serve ad tech platform. Its proprietary data-driven, AI-powered solutions allows brands and agencies to advertise across thousands of the world's leading digital and connected TV publishers. For more information, visit .
Important Cautions Reading Forward-Looking Statements
This press release contains certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and is subject to the Safe Harbor created by those sections. This press release also contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation that relate to Logiq's current expectations and views of future events. Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, through the use of words or phrases such as "will likely result", "are expected to", "expects", "will continue", "is anticipated", "anticipates", "believes", "estimated", "intends", "plans", "forecast", "projection", "strategy", "objective" and "outlook") are not historical facts and may be forward-looking statements and may involve estimates, assumptions and uncertainties which could cause actual results or outcomes to differ materially from those expressed in such forward-looking statements. No assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this press release should not be unduly relied upon.
These statements speak only as of the date of this press release. Forward‐looking statements are based on a number of assumptions and are subject to a number of risks and uncertainties, many of which are beyond Logiq's control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking statements. In particular and without limitation, this press release contains forward‐looking statements regarding the consummation of our DataLogiq segment's proposed SPAC merger, our products and services, the use and/or ongoing demand for our products and services, expectations regarding our revenue and the revenue generation potential of our products and services, our partnerships and strategic alliances, potential strategic transactions, the impact of global pandemics (including COVID-19) on the demand for our products and services, industry trends, overall market growth rates, our growth strategies, the continued growth of the addressable markets for our products and solutions, our business plans and strategies, and other risks described in the Company's prior press releases and in its filings with the Securities and Exchange Commission (SEC) including its Annual Report on Form 10-K and any subsequent public filings, and filings made pursuant to Canadian securities legislation that are available on , including under the heading "Risk Factors" in the Company's Canadian Prospectus.
Logiq undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law. New factors emerge from time to time, and it is not possible for Logiq to predict all of them, or assess the impact of each such factor or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward-looking statement. Any forward-looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement.
Company Contact
Brent Suen, CEO
Logiq, Inc.
Email contact
Logiq Investor Relations:
Ron Both
CMA Investor Relations
Tel (949) 432-7566
Email contact
Logiq Media & ESG Contact:
Tim Randall
CMA Media Relations
Tel (949) 432-7572
Email contact
紐約,2023年3月16日(Global Newswire)--領先的數位消費者收購解決方案提供商Logiq,Inc.(場外交易代碼:LGIQ)今天宣佈終止與Ionic Ventures的股票購買協定,並撤回其S-1融資安排。
LOGIQ首席執行官Brent Suen表示:“我們計劃走上一條決定性的並購之路,因為今年有一個極好的機會來擴大我們的規模、存在和收入狀況。”
關於Logiq
LOGIQ Inc.是一家總部位於美國的電子商務和數字客戶獲取解決方案提供商,通過簡化數位廣告。它通過其結果解決方案提供數據驅動的端到端營銷,或通過激活多個渠道的活動來提供訪問數據的軟體。
該公司的數位營銷業務包括一個全面的自助式廣告技術平臺。其專有的數據驅動、人工智慧支持的解決方案允許品牌和代理機構在數千家全球領先的數位和聯網電視出版商上做廣告。有關更多資訊,請訪問。
閱讀前瞻性陳述需注意的重要事項
本新聞稿包含某些前瞻性陳述和資訊,這些陳述和資訊符合修訂後的1933年《證券法》第27A節和修訂後的1934年《證券交易法》第21E節的定義,並受這些條款所創造的安全港的約束。本新聞稿還包含符合加拿大證券法的前瞻性陳述和前瞻性資訊,與Logiq公司目前對未來事件的預期和看法有關。任何表述或涉及關於預期、信念、計劃、目標、假設或未來事件或業績的討論的陳述(通常但不總是通過使用諸如“可能結果”、“預期”、“預期”、“將繼續”、“預計”、“預期”、“相信”、“估計”、“打算”、“計劃”、“預測”、“預測”、“戰略”、這些表述(“客觀”和“展望”)不是歷史事實,可能是前瞻性表述,可能涉及估計、假設和不確定因素,可能導致實際結果或結果與此類前瞻性表述中所表達的大不相同。不能保證這些預期將被證明是正確的,本新聞稿中包含的前瞻性陳述不應過度依賴。
這些陳述僅代表本新聞稿發佈之日的情況。前瞻性陳述基於大量假設,會受到許多風險和不確定性的影響,其中許多風險和不確定性不是Logiq所能控制的,這可能會導致實際結果和事件與這些前瞻性陳述中所披露或暗示的大不相同。特別是但不限於,本新聞稿包含前瞻性陳述,涉及DataLogiq部門擬議的SPAC合併的完成、我們的產品和服務、對我們產品和服務的使用和/或持續需求、對我們收入和我們產品和服務的創收潛力的預期、我們的合作夥伴關係和戰略聯盟、潛在的戰略交易、全球大流行(包括新冠肺炎)對我們產品和服務需求的影響、行業趨勢、總體市場增長率、我們的增長戰略、我們的產品和解決方案可尋址市場的持續增長、我們的業務計劃和戰略、風險和其他風險在公司之前的新聞稿和提交給美國證券交易委員會(美國證券交易委員會)的檔案中描述,包括其10-K表格年度報告和任何後續的公開檔案,以及根據加拿大證券法提交的檔案,這些檔案可在上查閱,包括公司的加拿大招股說明書中的“風險因素”標題下的檔案。
LOGIQ沒有義務更新或修改任何前瞻性陳述,無論是由於新資訊、未來事件或其他原因,除非法律要求。新的因素不時出現,Logiq無法預測所有這些因素,也無法評估每個因素的影響或任何因素或因素組合可能導致的結果與任何前瞻性陳述中包含的結果大不相同的程度。本新聞稿中包含的任何前瞻性陳述都明確地受到本警示性聲明的限制。
公司聯繫人
行政總裁孫明揚
LOGIQ公司
電子郵件聯繫人
LOGIQ投資者關係:
Ron Both
CMA投資者關係
電話(949)432-7566
電子郵件聯繫人
LOGIQ媒體和ESG聯繫人:
蒂姆·蘭德爾
CMA媒體關係
電話(949)432-7572
電子郵件聯繫人