TORONTO, Oct. 21,
2024 /CNW/ -- Sabio Holdings Inc. (TSXV: SBIO)
(OTCQB: SABOF)
(the "Company" or "Sabio"),
a California-based ad-tech company that specializes in
delivering highly targeted ads, insights, and services in
ad-supported streaming to top Fortune 100 brands, is pleased to
announce that its team has won the Best Presenter award, sponsored
by Winning Media, at the Cantech Letter Investment Conference, held
in Toronto on October 9th, 2024.
"We are delighted to accept the Best Presenter award on behalf
of Sabio Holdings," said Aziz
Rahimtoola, Sabio's CEO. "This was our first time
participating in the Cantech Letter Conference, and we thoroughly
enjoyed sharing the Sabio story, exploring the exciting
opportunities in the Ad-Supported Streaming TV space, and
discussing the growth we're experiencing. In addition to
presenting, it was a fantastic opportunity to engage with industry
leaders through insightful panels and connect with investors in
1-on-1 meetings. We look forward to continuing these conversations
and driving innovation in the Ad-Supported Streaming space."
Nick Waddell, Founder and CEO of
Cantech Letter commented, "Congratulations to Aziz and the Sabio
team for earning the 'Winning Media Best Presenter Award' at this
year's Cantech Letter Conference. We appreciate the insights you
shared about Sabio and your future growth strategy. It's
companies like Sabio that make this event a success, and we look
forward to seeing your continued growth and innovation."
Award Grant
Sabio also announced the grant of 270,585 restricted share units
("RSU") to certain independent directors to acquire an aggregate of
270,585 common shares in the capital of the Company, under the
Company's Omnibus Equity Incentive Plan. The RSUs were granted
October 18, 2024 ("Grant Date") and
are subject to the terms of the applicable grant agreements and the
requirements of the TSX Venture Exchange ("TSXV"). The RSUs
vest on the first anniversary of the Grant Date. These grants
represent compensation to the independent directors for their
service to the Company in 2024. The Company does not currently pay
cash to its independent directors.
About Sabio
Sabio Holdings (TSXV: SBIO, OTCQB: SABOF) is a technology and
services leader in the fast-growing ad-supported streaming space.
Its cloud-based, end-to-end technology stack works with top blue
chip, global brands and the agencies that represent them to reach,
engage, and validate (R.E.V.) streaming audiences.
Sabio consists of a proprietary ad-serving technology platform
that partners with the top ad-supported streaming platforms and
apps in the world and App Science™, a non-cookie-based software as
a service (SAAS) analytics and insights platform with AI natural
language capabilities.
For more information, visit: sabio.inc
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.
For further information: Sajid
Premji, Chief Financial Officer, investor@sabio.inc, Phone:
1.844.974.2662; Aideen McDermott,
Investor Relations, investor@sabio.inc
SOURCE Sabio Inc.