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First and foremost, we greatly value our relationship with you and, accordingly, wish to share an update about our business. As of March 29, 2019, Sizmek and certain of its subsidiaries filed for protection under Chapter 11 of the U.S. Bankruptcy Code. We are confident this process is the best possible option to preserve value and seek access to capital while our Company continues to review strategic alternatives.
Importantly, Sizmek is open for business. The U.S. Chapter 11 process – unlike bankruptcy schemes in other geographies – is specifically designed for companies like ours to operate as usual while working to resolve financial issues. Rest assured, we are committed to serving our clients to the same high standard you’ve come to expect from us and are working diligently to ensure our platforms experience as little interruption as possible.
Sizmek’s Board and management team continue to explore all available options, including a potential sale of our business. Thank you for your patience and continued partnership while we evaluate and navigate these next steps.
The Sizmek Team
At Sizmek, we believe creating impressions that inspire is vital to building meaningful, long-lasting relationships with all your audiences. We’re the smart alternative when you want more transparency, increased efficiency, and greater control over your data so you can make more informed decisions.