Fluent Founders Buy 240,000 Shares of cogint Common Stock
April 02 2018 - 8:42AM
The founders of Fluent, LLC, sole operating subsidiary of cogint
(NASDAQ:COGT) and an industry leader in performance-driven digital
marketing services, purchased a total of 240,000 shares in open
market transactions as disclosed in Form 4 filings by both Ryan
Schulke, its Chief Executive Officer, and Matthew Conlin,
President, with the Securities and Exchange Commission.
“Fluent’s business has continued to perform exceptionally with
respect to growth and profitability,” said Ryan Schulke, CEO of
Fluent. “Based on all previous valuations of our business
dating back to 2015, and my own assessment of the quality and
health of our assets, I believe we are trading at an extreme
discount to the company’s actual value.”
Schulke and Conlin continue to rank among the company’s top
shareholders. Following today’s purchases, Schulke owns
directly and indirectly a total of 8,364,537 shares of cogint
common stock.
About Fluent
Fluent, LLC, a cogint company (NASDAQ:COGT), is an industry
leader in data-driven digital marketing services, focusing on
customer acquisition and re-engagement campaigns, and serving over
500 leading consumer brands and direct marketers. Leveraging a
unique data-driven platform, cogint enables advertisers to more
effectively target and engage their most valuable customers, with
precision, at a massive scale. The company is headquartered in New
York City. For more information, visit www.fluentco.com.
FORWARD-LOOKING STATEMENTS
This press release contains "forward-looking statements," as
that term is defined under the Private Securities Litigation Reform
Act of 1995 (PSLRA), which statements may be identified by words
such as "expects," "plans," "projects," "will," "may,"
"anticipate," "believes," "should," "intends," "estimates," and
other words of similar meaning. Such forward looking statements are
subject to risks and uncertainties that are often difficult to
predict, are beyond our control and which may cause results to
differ materially from expectations, including whether Cogint, Inc.
continues to trade at an extreme discount to actual value.
Readers are cautioned not to place undue reliance on these
forward-looking statements, which are based on our expectations as
of the date of this press release and speak only as of the date of
this press release and are advised to consider the factors listed
above together with the additional factors under the heading
"Forward-Looking Statements" and "Risk Factors" in the Company's
Annual Report on Form 10-K, as may be supplemented or amended by
the Company's Quarterly Reports on Form 10-Q and other SEC filings.
We undertake no obligation to publicly update or revise any
forward-looking statement, whether as a result of new information,
future events or otherwise, except as required by law.
Contact Information: Investors:Jordyn
TaraziCogint, Inc.(646) 356-8469JTarazi@Fluentco.com
Media:North 6th Agency, Inc.(212) 334-9753 ext.
143fluent@n6a.com
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