00:27:15 EDT Fri 19 Apr 2024
Enter Symbol
or Name
USA
CA



Sabio Holdings Inc
Symbol SBIO
Shares Issued 15,092,258
Close 2023-05-31 C$ 0.98
Market Cap C$ 14,790,413
Recent Sedar Documents

Sabio receives "commitments" for $3.5M (U.S.)

2023-06-01 11:35 ET - News Release

Mr. Aziz Rahimtoola reports

SABIO HOLDINGS ANNOUNCES MULTI-MILLION DOLLAR COMMITMENTS

Sabio Holdings Inc. has received commitments from various parties to endeavour to spend an aggregate of at least $3.5-million (U.S.) in 2023.

Centred around the government, political, and advocacy market segments, these various Commitments are expected to drive at least US$3.5 million in revenues to Sabio this year. The Company has already started providing its platforms and services to some of these parties pursuant to the Commitments.

"These types of agreements are unique and usually reserved for trusted service providers. These initial Commitments speak to our strengthening position in the market and more importantly with key customers in the government, political and advocacy advertising segments. We expect to continue our strong growth in this market as we head into a dynamic and eventful 2024 election season," said Aziz Rahimtoola, CEO of Sabio Holdings. "Moreover, we are pleased to note that some of these Commitments solidify deeper relationships within our existing customer base, as existing clientele further leverage one the most complete end-to-end technology stacks in the industry, while bringing more stability to our sales model."

About Sabio Holdings

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 (AVOD) 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(TM) - 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.

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