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Security Profile
- Security Type
- Common Stock
- CUSIP
- 46122W204 (prev. 46122W105 )
- Market Cap
- Small Cap
Business: Inuvo, Inc. is a market leader in artificial intelligence, aligning and delivering consumer-oriented product & brand messaging strategies online based on powerful, anonymous and proprietary consumer intent data for agencies, advertisers and partners.
Notes: Nov. 5, 2018 -- Inuvo, Inc. (NYSE American: INUV), a provider of artificial intelligence (AI) technology for brands and agencies, today announced that it has entered into a definitive agreement to be acquired by ConversionPoint Technologies, Inc., a privately held eCommerce technology company. The acquisition will be a cash-and-stock transaction valued at approximately $2.22 per share of Inuvo common stock based on 34,077,624 common shares outstanding and restricted stock units that will immediately vest upon closing. Inuvo shareholders will receive $0.45 per share in cash and stock valued at an estimated $1.77 per share, or approximately $75.5 million in total consideration.
Company Contact
- CEO
- Rob Buchner
- CFO
- Wallace D. Ruiz
- Headquarters
- 500 President Clinton Ave., Suite 300 Little Rock, AR 72201
- Phone
- 501-205-8508
- Investor Relations
- Wally Ruiz · 501-205-8397 · wallace.ruiz@inuvo.com