According to the Complaint, Telaria provides a fully programmatic software platform for premium publishers to manage and monetize their video advertising.

This action stems from a proposed transaction announced on December 19, 2019, pursuant to which Telaria, Inc. will be acquired by The Rubicon Project, Inc.

On December 19, 2019, Telaria’s Board of Directors caused the Company to enter into an agreement and plan of merger with The Rubicon Project, Inc.

On February 7, 2020, Defendants filed a Form S-4 Registration Statement with the United States Securities and Exchange Commission in connection with the Proposed Transaction, which scheduled a stockholder vote on the Proposed Transaction for March 30, 2020. The Complaint alleges that the Registration Statement omits material information with respect to the Proposed Transaction, which renders the Registration Statement false and misleading.