[New Premium]( NASDAQ Alert For 11/6 Trading Session Digital Advertising Global Market to Reach $1.5 Trln. by 2030 10XProTrader Member, Kevin Vander here with "10XProTrader" delivering you your new premium alert for Monday 11/6 trading session which is Collective Audience, Inc. (NASDAQ: CAUD). A big catalyst that could potentially send shares vertical is Wall Streets Respected Technical Analysis site Investing.com issued CAUD a Bullish STRâONG BâUY Rating, which could be signaling a breakout to the upside. Collective Audience Issues Shares to Logiq for
Special Dividend Distribution of Shares Both Companies Caution Logiq Stockholders Regarding Brokerage Firms Prematurely or Erroneously Crediting Collective Audience Dividend Shares to Their Accounts; Sale of Stock May Result in Failure to Deliver NEW YORK, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Collective Audience, Inc. (Nasdaq: CAUD), a leading provider of digital consumer acquisition solutions, announced it has issued 3,762,000 of its common stock to Logiq, Inc. (OTCQX: LGIQ) in connection with the business combination involving Logiqâs now former subsidiary, DLQ, Inc., and Abri SPAC I, Inc. (Abri). The newly combined company was renamed Collective Audience, Inc. Abri, which as previously traded on Nasdaq as ASPA, ASPAW and ASPAU, announced the completion of the business combination on November 2, 2023. On the same day, Logiq declared a special dividend distribution of the 3,762,000 shares of Collective Audience common stock to Logiq stockholders of record as of the dividend record date (October 24, 2023). The dividend will be distributed at a ratio of 0.027 shares of Collective Audience common stock per each one share of Logiq common stock. Logiq reports that the dividend distribution process has begun, but no dividend of Collective Audience common stock has been issued or delivered to Logiq shareholders as of todayâs date. Logiq has indicated that the actual delivery date and receipt of the dividend by shareholders may be delayed in some instances due to administrative factors and timing may vary depending upon the number of Logiq shares held on the record date, where they were being held, as well as other factors. Important Caution to Stockholders Who Believe
They Have Already Received the Shares Logiq announced that it has received reports that certain brokerage firms have prematurely or erroneously credited their client's accounts with the dividend distribution of the Collective Audience shares. Further, some of these firms have facilitated the sale of the shares without having the actual shares in their possession, to the potential detriment of all shareholders including those at other brokerage firms who are adhering to well established regulatory policies and procedures. Logiq expects any such sales of Collective Audience shares could result in a failure to deliver upon the trade settlement date. Logiq states it is investigating the matter and that it plans to pursue all corrective measures and remedies, legal or otherwise, as appropriate. To be clear, according to Logiq, no dividend shares have yet been delivered to any holders of record of Logiq that are entitled to receive such dividend distribution of shares as described in Logiqâs filings with the U.S. Securities and Exchange Commission (SEC). Additional details regarding the business combination and the issuance of the dividend of shares is available in a Form 8-K as filed with the SEC and available on www.sec.gov under Logiq, Inc. About Collective Audience Collective Audience is a U.S.-based provider of e-commerce and digital customer acquisition solutions that simplifies digital advertising. It provides data-driven, end-to-end marketing through its results solutions or access to data for activating campaigns across multiple channels. The companyâs digital marketing business includes a holistic, self-serve AdTech platform, a proprietary data-driven, AI-powered system that enables brands and agencies to advertise across thousands of the worldâs leading digital media and connected TV platforms. ========================================================== The Digital Advertising market is projected to reach $679.80 Bln in 2023. Get this...69% of the total ad spending will be generated through the use of the mobile in 2027. Collective Audience, Inc. (NASDAQ: CAUD) is an early mover in a monumental Digital Advertising sector that is attracting big money and lots of attention from Wall Street analysts. How Big Is The Digital Advertising Market in 2023? Ad spending in the Digital Advertising market is projected to reach $679.80 Bln in 2023. The largest market is Search Advertising with a market volume of $279.30 Bln in 2023. In global comparison, most ad spending will be generated in the United States $271.20 Bln in 2023. What Percentage of Marketing is Digital? [72%]( of overall marketing budgets get put towards digital marketing channels. [55%]( of marketing is digital. Total digital advertising spend in 2021 was $436 Bln. versus offline advertising at $196 Bln. About Collective Audience, Inc. Collective Audience, Inc. (NASDAQ: CAUD) 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 companyâs 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 worldâs leading digital and connected TV publishers. Digital marketing is a rapidly growing industry that offers a range of career opportunities. Specialties in this field range from technical and analytics-focused positions to creative, strategic, and business-oriented roles. What is The Growth Rate of Digital Marketing? - The compound annual growth rate of digital marketing from 2020-2026 is projected at [9%](. - Digital display is projected to grow at a 15.5% CAGR, while search is projected to grow at 12.2%. Search accounts for 40.9% of the global digital advertising and marketing market. - [63%]( of businesses have increased their digital marketing budgets just this past year. - Between 2020 and 2021, there was a [14%]( growth rate in digital marketing budget spending across businesses. Collective Audience, Inc. (NASDAQ: CAUD) Digital Advertising Effectiveness - Digital ads can increase brand awareness by 80%. - Consumers are 155% more likely to look up your brand-specific terms after theyâve been exposed to display ads. - Customers are[Â]( more likely to make a purchase from a retargeting ad. - PPC returns $2 for every $1 spentâa 200% ROI. - When someone conducts a search after initially seeing a related display ad, the likelihood of them converting is 59%. - A userâs search activity rises 155% after being served a display ad. - 27% of consumers conduct a search for a business after seeing their display ad. - PPC generates double the number of website visitors that SEO brings in. - Paid ad channels with the highest reported ROI rate are Facebook ads and Google Ads. Conclusion: Collective Audience, Inc. (NASDAQ: CAUD) has taken huge steps forward recently positioning themselves to go public, placing them in an excellent position for rapid growth and a war chest of capital. I'm urging you and all of my 10X members to conduct your own research, and add Collective Audience, Inc. (NASDAQ: CAUD) to the top of your watch list immediately! 10X Your Wealth, Kevin Vander
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