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Sabio Announces Signing of Definitive Agreement to Acquire Vidillion - a Connected TV Technology Pioneer
Sabio Announces Signing of Definitive Agreement to Acquire Vidillion - a Connected TV Tec...
About this update from Sabio Holdings, Inc.
[{"type":"text","content":"\n \n \n \n Sabio Announces Signing of Definitive Agreement to Acquire Vidillion - a Connected TV Technology Pioneer\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n TORONTO\n \n ,\n \n Feb. 22, 2022\n \n /CNW/ --\n \n \n - Proposed acquisition anticipated to solidify Sabio's position in the Connected TV (CTV) market by further strengthening its analytics capabilities and enabling new revenue streams with access to exclusive premium content.\n \n \n - Patented technology validated by premium CTV publishers and distribution partners, including Sabio.\n \n \n - Over\n \n US$2 million\n \n in revenues in 2021, all from CTV.\n \n \n \n NOT FOR DISTRIBUTION TO\n \n UNITED STATES\n \n WIRE SERVICES OR DISSEMINATION IN\n \n THE UNITED STATES\n \n . THIS NEWS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY ANY OF THE SECURITIES IN\n \n THE UNITED STATES\n \n . THE SECURITIES HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER\n \n THE UNITED STATES\n \n SECURITIES ACT OF 1933, AS AMENDED (THE\n \n \"U.S. SECURITIES ACT\"\n \n ) OR ANY STATE SECURITIES LAWS AND MAY NOT BE OFFERED OR SOLD WITHIN\n \n THE UNITED STATES\n \n OR TO U.S. PERSONS UNLESS REGISTERED UNDER THE U.S. SECURITIES ACT AND APPLICABLE STATE SECURITIES LAWS OR AN EXEMPTION FROM SUCH REGISTRATION IS AVAILABLE. THIS NEWS RELEASE DOES NOT CONSTITUTE AN OFFER OR SALE OF SECURITIES IN\n \n THE UNITED STATES\n \n \n \n .\n \n \n \n Sabio Holdings Inc. (TSXV: SBIO) (the \"\n \n Company\n \n \" or \"\n \n Sabio\n \n \"), a leading provider of Connected TV (\"\n \n CTV\n \n \") software solutions, validated by performance, is pleased to announce that it has entered into a definitive asset purchase agreement dated February 18 (\"\n \n Agreement\n \n \") pursuant to which a newly formed wholly owned subsidiary of the Company, Sabio Acquisition Inc., will acquire (the \"\n \n Acquisition\n \n \") substantially all of the assets of Vidillion Inc. (\"\n \n Vidillion\n \n \"), a U.S. based CTV supply side platform (SSP), in a combined stock-and-cash t...