Logiq Inc. (OTCQX: LGIQ) - Getting acquired by Nasdaq SPAC (ASPA) - RICH TV LIVE

Chief Executive Officer, Brent Suen, Interview with RICH TV LIVE - October 13, 2022 - #logiq #news #richtvlive #ceo #interview #spac #nasdaq #richtv #electricvehicles

Logiq Inc. (OTCQX: LGIQ) - Getting acquired by Nasdaq SPAC (ASPA) - RICH TV LIVE

DLQ, Inc. a wholly owned subsidiary of Logiq, Inc., will merge into Abri Merger Sub, Inc., a wholly owned subsidiary of Abri SPAC I, Inc. a Nasdaq-listed company.
DLQ, Inc. will be the surviving entity and upon closing, will change its name to DataLogiq, Inc.
DLQ, Inc. senior management will remain with the merged company.

Logiq, Inc. (OTCQX: LGIQ), a provider of digital consumer acquisition solutions, today announced that it has strengthened its position in the high-growth home improvement vertical arena for the electric vehicle (EV) charger installation industry.
Haig Newton, President of DataLogiq, Inc., commented, “Our team recognized the growing demand as many of our construction and electrical clients were interested in gaining access to the growing EV home, multifamily and commercial charger installation marketplace. As such, we launched our on-demand digital marketing platform system to allow our clients to meet this dynamic market opportunity.”

Sales of electric cars doubled in 2021 to a new record of 6.6 million. That growth contributed to the total 16.5 million electric vehicles on the road in 2021, more than triple the number in 2018.

According to the Natural Resources Defense Council, electric vehicles have surged in popularity in recent years in part because of their association with emerging consumer sentiments like environmental concerns and cash savings. Electric vehicles produce fewer greenhouse gases and operate at less than half the cost of gasoline powered vehicles.

Demand for charging stations continues to grow apace with EV sales, though not evenly distributed across the U.S. California leads the country in total stations available, while many southern states have far fewer stations per capita.

About Logiq
Logiq Inc. is a U.S.-based provider of e-commerce and digital customer acquisition solutions by simplifying digital advertising. It provides data-driven, end-to-end marketing through its results solution or providing software to access data by activating campaigns across multiple channels.

The Company’s Digital Marketing business includes a holistic, self-serve ad tech platform. Its proprietary data-driven, AI-powered solutions allows brands and agencies to advertise across thousands of the world’s leading digital and connected TV publishers.

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