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Kubient Inc
228 Park Avenue South
Suite 72602
Phone: (516) 425-4721p:516 425-4721 NEW YORK, NY  10003  United States Ticker: KBNTKBNT
Filed for Bankruptcy on 7/25/2024
Case #24-11596, filed in the U.S. Bankruptcy Court for the District of Delaware (Chapter 7)
On September 20, 2023, as a result of the two letters received from Marcum LLP, the Board of Directors of Kubient Inc concluded that the company’s previously issued financial statements as of and for each of years ended December 31, 2020, 2021 and 2022, respectively, and the company’s quarterly financial statements for the periods ended March 31, 2020, June 30, 2020, September 30, 2020, March 31, 2021, June 30, 2021, September 30, 2021, March 31, 2022, June 30, 2022, September 30, 2022, and March 31, 2023 should no longer be relied upon. This is due to Marcum LLP's resignation as the company's independent registered accounting firm, and withdrawal of the previously mentioned reports.
Business Summary
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.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
3/31/202312/31/2022YesYesYes-Yes

Industries
SIC Code Description
7311 Advertising agencies
7319 Advertising, not elsewhere classified
7372 Prepackaged software

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Independent Chairman of the Board Lawrence G.Harris 60 12/1/2023 6/30/2021
Interim President and Chief Executive Officer, Director Elisabeth H.DeMarse 69 11/2/2023 1/7/2020
Chief Financial Officer JoshuaWeiss 39 12/23/2019 12/23/2019

Business Names
Business Name
Fidelity Media fmxSSP
Fidelity Media, LLC
KBNT
Kubient, Inc.
Kubient, Inc.

General Information
Number of Employees: 16 (As of 3/28/2023)
Outstanding Shares: 14,515,940 (As of 5/19/2023)
Shareholders: 33
Stock Exchange: OTC
Federal Tax Id: 821808844
Fax Number: (302) 655-5049


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Friday, November 22, 2024