TORONTO and NEW YORK, May 11,
2018 /CNW/ - AcuityAds Holdings Inc. (TSXV:AT)
("AcuityAds" or the "Company"), a technology leader that provides
targeted digital media solutions by leveraging its proprietary AI
technology to enable advertisers to connect intelligently with
audiences across video, mobile, social and online display
advertising campaigns announces the following :
The Company granted an aggregate of 507,500 stock options to an
officer and to a consultant of the Company in accordance of the
provisions of the Company's Stock Option Plan. Each stock
option entitles the holder to purchase one common share of the
Company at an exercise price of $0.64. The stock options granted to the officer
of the Company will expire 5 years from date of issuance, vesting
annually over 3 years. The stock options granted to the consultant
of the Company will expire 5 years from date of issuance, vesting
quarterly over 1 year.
The Company also issued an aggregate of 97,400 Deferred Share
Units to the Independent Directors and certain consultants of the
Company pursuant to the Company's Deferred Share Unit Plan, in lieu
of quarterly cash compensation.
About AcuityAds:
AcuityAds is a leading technology company that provides
marketers a more powerful and holistic solution for digital
advertising across all ad formats and devices to amplify reach and
Share Of Attention® throughout the customer journey. Via its unique
data-driven insights, real-time analytics and industry-leading
activation platform based on proprietary machine learning
technology, AcuityAds leverages an integrated ecosystem of partners
for data, inventory, brand safety and fraud prevention, offering
unparalleled trusted solutions that the most demanding marketers
require to be successful in the digital era.
AcuityAds is headquartered in Toronto,
Canada with offices across North
America including New York
City, Boston, Chicago, Las
Vegas, Los Angeles,
San Francisco, Vancouver, Calgary and Montreal. For more information, visit
www.AcuityAds.com.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE AcuityAds Inc.