Zeta Global Announces Intended Share Purchases by CEO and Members of Senior Leadership and Board of Directors
November 18 2024 - 8:30AM
Business Wire
Zeta Global (NYSE: ZETA), the AI-Powered Marketing Cloud, today
announced that David A. Steinberg, Zeta’s Co-Founder, Chairman and
CEO, members of the Company’s leadership, and members of the Board
of Directors intend to purchase shares of Zeta’s Class A common
stock on Monday, November 18, 2024.
Taken together, these intended purchases by Steinberg and other
members of Zeta leadership in their personal capacity and the
directors represent approximately $3 million of Zeta’s Class A
common stock.
“Last week’s ‘report’ was filled with false claims and
objectively wrong information about Zeta Global,” Steinberg said.
“Members of the Board, Company leadership, and I are showing our
confidence in our Company’s integrity by making these
purchases.”
“We will not allow untrue claims to derail our forward momentum
that has delivered strong results for shareholders over the last
three years.”
“I believe the current share price is undervalued,” said
Steinberg, “and I am bullish about our future.”
About Zeta
Zeta Global (NYSE: ZETA) is the AI-Powered Marketing Cloud that
leverages advanced artificial intelligence (AI) and trillions of
consumer signals to make it easier for marketers to acquire, grow,
and retain customers more efficiently. Through the Zeta Marketing
Platform (ZMP), our vision is to make sophisticated marketing
simple by unifying identity, intelligence, and omnichannel
activation into a single platform – powered by one of the
industry’s largest proprietary databases and AI. Our enterprise
customers across multiple verticals are empowered to personalize
experiences with consumers at an individual level across every
channel, delivering better results for marketing programs. Zeta was
founded in 2007 by David A. Steinberg and John Sculley and is
headquartered in New York City with offices around the world. To
learn more, go to www.zetaglobal.com.
Forward-Looking Statements
This press release contains certain forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. The Company intends such forward-looking statements to be
covered by the safe harbor provisions for forward-looking
statements contained in the Private Securities Litigation Reform
Act of 1995 and includes this statement for purposes of complying
with these safe harbor provisions. Any statements made in this
press release that are not statements of historical fact, including
statements about our beliefs and expectations, are forward-looking
statements and should be evaluated as such. These statements often
include words such as “anticipate,” “expect,” “suggests,” “plan,”
“believe,” “intend,” “estimates,” “targets,” “projects,” “should,”
“could,” “would,” “may,” “will,” “forecast” and other similar
expressions. We base these forward-looking statements on our
current expectations, plans and assumptions that we have made in
light of our experience in the industry, as well as our perceptions
of historical trends, current conditions, expected future
developments and other factors we believe are appropriate under the
circumstances at such time. Although we believe that these
forward-looking statements are based on reasonable assumptions at
the time they are made, you should be aware that many factors could
affect our business, results of operations and financial condition
and could cause actual results to differ materially from those
expressed in the forward-looking statements. These statements are
not guarantees of future performance or results. The
forward-looking statements are subject to and involve risks,
uncertainties and assumptions, and you should not place undue
reliance on these forward-looking statements. These cautionary
statements should not be construed by you to be exhaustive and are
made only as of the date of this press release. We undertake no
obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise,
except as required by applicable law.
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version on businesswire.com: https://www.businesswire.com/news/home/20241117278075/en/
Investor Relations Madison Serras ir@zetaglobal.com
Press Candace Dean press@zetaglobal.com
Zeta Global (NYSE:ZETA)
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