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REGISTERED UNDER THE UNITED STATES
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TORONTO, Dec. 23,
2022 /CNW/ -- Sabio Holdings Inc. (TSXV: SBIO;
OTCQX: SABOF) (the "Company" or "Sabio"), a leading
provider of connected TV ("CTV") and over-the-top
("OTT") advertising platforms validated by performance,
today announced that it will conduct one-on-one meetings with
investors at the CEM AlphaNorth Capital Event in Nassau, Bahamas from January 20, 2023 to January 22, 2023.
Sabio Holdings, Inc. is comprised of the demand side platform,
Sabio; real-time measurement and attribution platform, App
Science™; and streaming TV technology pioneer, Vidillion. These
companies combine to provide brands and agencies with end-to-end
advertising suites, powered by its proprietary household graph of
more than 300 million mobile devices and 55 million validated
Connected TV (CTV) households.
The CEM AlphaNorth Capital event links growth-stage
companies and top-tier investors through one-on-one meetings and
networking activities.
Sajid Premji, Sabio's CFO
commented, "With a fifth consecutive quarter of record revenues now
under our belts, we look forward to sharing our CTV/OTT growth
story with existing and potential investors."
Changes to capital structure
Sabio also announces changes to its capital structure to
proactively manage the applicable requirements relating to its
foreign private issuer ("FPI") status under United States ("U.S.") securities
law.
To proactively ensure maintenance of Sabio's FPI status, certain
U.S. shareholders have voluntarily exchanged a total of 5,131,823
common shares of the Company (the "Common Shares") for the
same number of convertible restricted voting shares (the
"Restricted Voting Shares" and such exchange,
the "Share Exchange"). Following the completion of the Share
Exchange, there are 14,520,538 issued and outstanding Common Shares
and 31,240,780 issued and outstanding Restricted Voting Shares.
There are no new insiders as a result of the Share Exchange.
About Sabio
Sabio Holdings Inc. (TSXV: SBIO) (OTCQX: SABOF) is one of the
fastest-growing CTV/OTT technology and service providers in the
high-growth ad-supported video-on-demand (VOD) and streaming space.
Its cloud-based CTV/OTT technologies provide publishers with
distribution, monetization, and analytics while delivering ROI
validation for brands and agencies. The Sabio Holdings portfolio is
comprised of: Sabio — our trusted and transparent content
monetization DSP; App Science™ — our cutting edge, non-panel based,
real-time measurement and attribution SAAS platform; and Vidillion
— our cloud-based ad-insertion, and content distribution and
management platform.
For more information, visit: sabioholding.com
Forward-Looking Statements
Certain statements contained in this news release may be
deemed "forward‐looking statements" within the meaning of
applicable Canadian and U.S. securities laws. These forward‐looking
statements, by their nature, require Sabio to make certain
assumptions and necessarily involve known and unknown risks and
uncertainties that could cause actual results to differ materially
from those expressed or implied in these forward‐looking
statements. Forward looking statements are not guarantees of
performance. Words such as "may", "will", "would", "could",
"expect", "believe", "plan", "anticipate", "intend", "estimate",
"continue", or the negative or comparable terminology, as well as
terms usually used in the future and the conditional, are intended
to identify forward‐looking statements. This forward-looking
information is based on reasonable assumptions and estimates of
management of the Company at the time such assumptions and
estimates were made, and involves known and unknown risks,
uncertainties and other factors which may cause the actual results,
performance or achievements of the Company to be materially
different from any future results, performance or achievement
expressed or implied by such forward-looking information. Such
factors include, among others, the ability to accurately determine
the number and percentage of Common Shares held by U.S. residents
and the ability to preserve its status as a FPI. Although the
forward-looking information contained in this news release is based
upon what management believes, or believed at the time, to be
reasonable assumptions, Sabio cannot assure shareholders and
prospective purchasers of securities of the Company that actual
results will be consistent with such forward looking information,
as there may be other factors that cause results not to be as
anticipated, estimated or intended, and neither Sabio nor any other
person assumes responsibility for the accuracy and completeness of
any such forward-looking information. Further, Sabio does not
undertake, and assumes no obligation, to update or revise any such
forward-looking statements or forward-looking information contained
herein to reflect new events or circumstances, except as may be
required by law.
This news release shall not constitute an offer to sell or
the solicitation of an offer to buy any securities in any
jurisdiction.
Neither the TSX Venture Exchange nor its Regulation Service
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
™ App Science is a trademark or registered trademark of Sabio
Inc. in the United States,
Canada, and other countries.
SOURCE Sabio Holdings Inc.