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AdTheorent Holding Company, Inc. Announces Expiration of Hart-Scott-Rodino Waiting Period for Acquisition by Cadent, LLC
ADTHAdTheorent(ADTH) Newsfilter·2024-05-07 21:05

Core Points - AdTheorent Holding Company, Inc. is set to be acquired by Cadent, LLC for 3.21pershareincash,totalingapproximately3.21 per share in cash, totaling approximately 324 million, following the expiration of the HSR waiting period on May 6, 2024 [1] Company Overview - AdTheorent utilizes advanced machine learning technology to provide impactful advertising campaigns, focusing on predictive targeting and audience extension solutions [2] - The company is headquartered in New York and operates across fourteen locations in the United States and Canada [2] Awards and Recognition - AdTheorent has received multiple awards, including "Best Buy-Side Programmatic Platform" in the 2023 Digiday Technology Awards and has been recognized for six consecutive years with an AI Breakthrough Award [3] - The company has also been named a Crain's Top 100 Best Place to Work in NYC for ten consecutive years, ranking tenth in the Large Employer Category in 2023 [3]