ALFIQ OTC

Alfi, Inc., identified by the symbol ALFIQ, formerly specialized in delivering a Software-as-a-Service (SaaS) solution for the smart digital out-of-home (DOOH) advertising sector within the United States. Its core offering was the Alfi platform, an artificial intelligence (AI) powered SaaS product engineered to convert traditional DOOH advertising into dynamic, audience-targeted marketing experiences. This sophisticated system utilized AI and computer vision technology to discern viewer demographics, such as age and gender, thereby presenting highly pertinent advertisements. The company's strategy involved promoting Alfi to advertisers and other DOOH and out-of-home (OOH) media entities, touting it as the pioneering ad technology to employ facial detection for verifying impressions and measuring audience engagement based on "eyes on screens." Founded in 2018 and situated in Miami Beach, Florida, the company initially operated as Lectrefy, Inc. before adopting the name Alfi, Inc. in January 2020. However, Alfi, Inc. formally sought liquidation under Chapter 7 bankruptcy protection, filing a voluntary petition with the U.S. Bankruptcy Court for the District of Delaware on October 14, 2022.