Kubient, Inc. announced that on September 22, 2023, the Board placed Paul Roberts on paid administrative leave from his positions as Chief Executive Officer of the Company pending an internal investigation conducted by outside legal counsel on behalf of a special committee of the Board (the ?Special Committee?). The Board accepted Mr. Robert?s resignation effective as of September 22, 2023. During Mr. Robert?s absence, Elisabeth DeMarse, who will remain as a member of the Board, will also serve as Interim Chief Executive Officer of the Company.
Kubient, Inc. is a technology company. The Company provides Audience Marketplace, a cloud-based software platform for real-time trading of digital, programmatic advertising. Its platform enables advertisers and publishers to transact directly with each other on an open, end-to-end real-time bidding platform for programmatic digital advertising. Its advertising inventory on its platform is available in any channel: desktop, mobile, digital out-of-home, and connected devices; and in any format: video, display, audio, and native. Its fully integrated audience platform provides a fraud-minimized, transparent, independent advertising marketplace that facilitates intelligent decision-making, and automated transaction execution for the programmatic advertising industry. Its platform offers a machine learning fraud prevention solution, extremely low latency times and an audience management platform, which provides omni-channel access into all advertising channels, inventory and ad formats.