Cogint, Inc. announced that it has received $13.5 million in funding
January 11, 2018
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Cogint, Inc. (NasdaqGM:COGT) announced a private placement of 2,700,000 common shares at a price of $5 per share and warrants for gross proceeds of $13,500,000 on January 12, 2018. The warrants can be exercised into 1,350,000 shares. The transaction involved participation from 5 investors. The company issued securities pursuant to exemption provided under Regulation D.
Fluent, Inc. is engaged in performance marketing, delivering customer acquisition solutions through its digital media portfolio, global commerce partnerships, and proprietary data and tech. The Company offers brands to consumers through outcome-based programs across untapped channels, including its post-transaction ad solution and reward discovery platform. The Company delivers data and performance-based customer acquisition services for over 500 consumer brands, direct marketers, and agencies across a range of industries, including media & entertainment, financial products & services, health & life sciences, retail & consumer, and staffing & recruitment. It operates a call center performance marketplace that provides live-call-based performance campaigns to help clients increase engagement. Through AdParlor, LLC (AdParlor), it conducts its non-core business which offers clients various social media strategies through the planning and buying of media on different platforms.