Collective Audience Issues Shares to Logiq for Special Dividend Distribution of Shares
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 shares to Logiq, Inc. (OTCQX: LGIQ), a global provider of award-winning e-commerce and fintech solutions, as part of a special dividend distribution of shares. This strategic move is aimed at strengthening the partnership between the two companies and enhancing the value proposition for both sets of stockholders.
Caution for Logiq Stockholders
Both companies caution Logiq stockholders regarding brokerage firms prematurely or erroneously crediting the collective audience dividend shares to their accounts. The sale of stock may result in a failure to deliver, leading to potential complications and discrepancies in the dividend distribution process.
As the digital landscape continues to evolve rapidly, companies are seeking innovative ways to collaborate and leverage each other’s strengths for mutual benefit. The partnership between Collective Audience and Logiq exemplifies this trend, as both companies aim to drive growth, expand their market presence, and deliver enhanced value to their respective stockholders.
By issuing shares as a special dividend distribution, Collective Audience is not only rewarding its stockholders but also solidifying its partnership with Logiq to explore new opportunities and synergies in the digital consumer acquisition space. This strategic move is expected to have a positive impact on both companies’ financial performance and market positioning in the long run.
How this will affect me
As a stockholder in Logiq, it is essential to be cautious and vigilant regarding the dividend distribution process to ensure that the shares are credited accurately to your account. Premature or erroneous crediting by brokerage firms can lead to potential complications and discrepancies, potentially impacting your financial interests. It is advisable to closely monitor your account statements and seek clarification from your broker if any discrepancies arise.
How this will affect the world
The strategic partnership between Collective Audience and Logiq, resulting in the issuance of shares as a special dividend distribution, is a testament to the growing trend of collaboration and synergy in the digital business landscape. This move not only benefits the two companies involved but also sets a precedent for future partnerships and collaborations in the industry, driving innovation, growth, and value creation on a global scale.
Conclusion
In conclusion, the issuance of shares by Collective Audience to Logiq for a special dividend distribution marks a significant milestone in the strategic partnership between the two companies. By leveraging each other’s strengths and resources, both companies are well-positioned to drive growth, expand their market presence, and deliver enhanced value to their stockholders. It is crucial for Logiq stockholders to exercise caution and diligence during the dividend distribution process to ensure a smooth and accurate transaction. Overall, this move reflects the changing dynamics of the digital business landscape and sets a positive example for future collaborations and partnerships in the industry.
