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</html>";s:4:"text";s:21730:"ET BETHLEHEM, Pa., June 24, 2021 /PRNewswire/ -- Vinco Ventures, Inc. (NASDAQ: BBIG) a leader in selective acquisitions leveraging new market opportunities by utilizing . T: 866-900-0992
What is up with this? On the date of publication, Mark Hake did not have (either directly or indirectly) any positions in the securities mentioned in this article. When used in this presentation the words estimate, expect, intend, believe, plan, anticipate, projected and other words or the negative of these terms and similar expressions as they relate to the company or the companys management identify forward-looking statements. 5 Hypergrowth Stocks With 10X Potential in 2023, convertible note that can convert into 30 million shares at $4.00, Even if Block Beats on Earnings, Stay Away From SQ Stock, Louis Navellier and the InvestorPlace Research Staff, Rare Stock Indicators Show the Market Is About to Skyrocket, 3 Stocks to Buy Before They Become the Next Trillion-Dollar Companies, Ideanomics (IDEX) Stock Surges 90% Ahead of Possible Delisting, 7 High-Yield Dividend Stocks to Buy and Hold Forever, Stock Market Crash Alert: Mark Your Calendars for May 3. The capital raise deal was a convertible note that can convert into 30 million shares at $4.00. While we still remain confident in our confirmed demand and ability to supply the products required, we have taken a different approach moving forward due to the uncertainty of timing of production and transportation which has caused the additional time added to our initial guidance. Mark Hake writes about personal finance onmrhake.medium.comand runs theTotal Yield Value Guidewhich you can reviewhere. BBIG remains one of the most shorted stocks in the. Should one or more of these risks or uncertainties materialize, or the underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended, or planned. However, the problem here is that theres been very little information provided about the benefits of the upcoming merger with Zash Global Media. As an emerging player in user generated video creation, we are excited to be part of ZASHs overall content and distribution plans and strategies and are looking forward to accelerating growth and adoption of Lomotif worldwide., Lomotif is the key piece of the ZASH strategy to merge the best-in-class media, entertainment and content-focused technology companies globally, said Ted Farnsworth. Vinco Ventures, Inc. : Notice of Delisting or Failure to Satisfy a Continued Listing Rule .. Vinco Ventures, Inc. By clicking Sign up, you agree to receive marketing emails from Insider Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges). So, they appear to have milked $2 million out of Vinco Ventures in advance of the merger. Vinco Ventures (NASDAQ:BBIG) is gearing up for a merger that will set it up as a rival to TikTok and shares of BBIG stock are dipping lower on Tuesday. Vinco and ZASH intend to acquire Lomotif Private Limited (Lomotif) through their joint venture, ZVV Media Partners, LLC (the Joint Venture); The parties have completed an Amended and Restated Limited Liability Company Agreement for the Joint Venture in preparation for the anticipated acquisition of Lomotif through the Joint Venture; Gemini Valuation Services will complete and present to Vinco an independent third-party valuation on ZASH on or before June 11, 2021; The parties intend to sign a final Agreement and Plan of Merger and Reorganization on or before June 24, 2021; and. Such statements and the other forward-looking statements in this press release reflect the current view of ZASH with respect to future events and are subject to risks, uncertainties, assumptions and other factors relating to ZASH and Lomotifs industries, operations and results of operations and any businesses that may be acquired by ZASH. Aug. 30, 2021, 09:01 AM. Buy - Acquisitions is our model. For more information, please view our investor presentation or visit Investors.vincoventures.com. According to the company's most recent SEC filings, Vinco lost $0.30 per share in the third quarter of 2020 on revenues of just $4.2 million. Many consumer product brands are struggling with this reality and have failed to focus on the importance of the digital shelf. Grow. Feb 27, 2023 Since BBIG stock has a market cap of just $134.91 million, according to Yahoo! The parties have completed an Amended and Restated Limited Liability Company Agreement for the Joint Venture in preparation for the anticipated acquisition of Lomotif through the Joint Venture; Gemini Valuation Services will complete and present to Vinco an independent third-party valuation on ZASH on or before June 11, 2021; The parties intend to sign a final Agreement and Plan of Merger and Reorganization on or before June 24, 2021; and. Additionally, a serial entrepreneur Brian will assist in identifying and targeting our acquisitions to ensure for long term growth and scale. The company emphasized that it planned on closing the merger with Zash Global Media. BUY: Vinco will seek to acquire one significant brand per quarter commencing with the acquisition of Honey Badger Media, the media technology platform acquisition announced today. ZASH believes that Lomotif is one of the fastest growing video-sharing social networking platforms in its category over the last three years and in Asia, Europe and South America, Lomotif has increased its average monthly community by over 400 percent in this time span. But dont count on that until August sometime. US court blocks Penguin merger with rival publisher. News / Events :: Vinco Ventures, Inc. (BBIG) News / Events Recent News View All News Vinco Ventures Issues Letter to Shareholders Highlighting Value-Enhancing Strategy April 25, 2023 Nasdaq staff determination. The market does not want to provide a huge valuation to a company that may be burning through $100 million a month or a quarter. 911 Help Now Brand: $7.1M, HMNRTH/Wellness Brand $3.8M, Purple Mountain/Global Clean Brand: $8.2M, 4Keeps Roses Brand: $1.6M, Royalty Streams: $1.1M, Total Current Brand Sales: $21.8, Current Media/Technology and B to B Sales, 911 Help Now License: $2.8M, Honey Badger Media $6.4M, Business to business sales and services: $7.1M, Total Media/Technology and B to B Sales: $16.3M, Target for Additional Sales for 2021 via B.I.G. Forward-Looking Statements and Disclaimers. Vinco Ventures confirmed to Benzinga that the current float size is about 40 million shares. This is the proxy record date for when shareholders will need to own BBIG . Delayed Nasdaq Copyright Zash is a digital media company focused on creating a "virtual Hollywood" for influencers and content creators. All forward-looking statements are qualified in their entirety by this cautionary statement. For more information visit Investors.vincoventures.com. We look forward to a new beginning and B.I.G. Vinco Ventures, Inc. (BBIG) is a selective acquisitions company focused on digital media and content technologies. Innovate. Sign up for our newsletter to get the inside scoop on what traders are talking about delivered daily to your inbox. Vincos B.I.G. 1125 N. Charles St, Baltimore, MD 21201. CCV is the first. In addition, on Jun. The following updates have been provided. Vinco Ventures Leverages Joint Venture to Pursue Lomotif Acquisition in Advance of ZASH Global Media and Entertainment Merger. Bethlehem, P.A., Aug. 23, 2021 (GLOBE NEWSWIRE) -- Vinco Ventures, Inc. (NASDAQ:BBIG), a digital media merger and acquisitions company, today announced results for the second quarter ended. Vinco Ventures (NASDAQ:BBIG) is a product research and development, manufacturing, sales and fulfillment company that runs large losses. Lomotif Platform is One of the Top Worldwide Social Video-Sharing Apps TodayDefinitive Agreement Gives ZASH Majority Controlling Interest. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. COVID-19 has created both opportunity and a considerable amount of uncertainty across many markets including the sourcing and sale of Personal Protective Equipment. Thank you for time and support as a shareholder in Vinco. It claims to have over 31 million monthly active users (MAUs). Vinco Ventures Has Closed Its Deal With Lomotif But the Details End There. That entity creates and markets NFTs (non-fungible tokens). Investor Relations:Aimee CarrollPhone: 866-900-0992Email: Investors@vincoventures.com, Vinco and ZASH intend to acquire Lomotif Private Limited (. In addition, it also issued a warrant for 32.697548 million shares with an exercise price of $4.00. He is known for his in-depth knowledge of the business of sports and trusted, long-standing relationships with coaches, executives and other personnel throughout the leagues. Jim Ulrich is an NFL and MLB-Certified Agent and sports law attorney with more than two decades of experience representing elite professional athletes. When used in this presentation the words "estimate," "expect," intend," believe," plan," "anticipate," "projected" and other words or the negative of these terms and similar expressions as they relate to ZASH or ZASHs management identify forward-looking statements. Grow.) things in 2021. Now, BBIG stock also seems to be dependent on the closing of this merger. It is a short-form video platform, similar to TikTok. Since the company was co-founded by video enthusiast Paul Yang in 2014, Lomotif has been granted three technology patents uniquely focused on empowering creators to share and watch short videos with ease through remix and collaboration. Vinco Ventures Leverages Joint Venture to Pursue Lomotif Acquisition in Advance of ZASH Global Media and Entertainment Merger Bethlehem, PA, May 28, 2021 (GLOBE NEWSWIRE) -- Vinco Ventures, Inc. (NASDAQ: BBIG) a leader in selective acquisitions leveraging new market opportunities by utilizing the B.I.G. The problem we have is it is difficult to calculate the exact number of shares outstanding right now. Nasdaq Investors . Vinco Ventures Inc (BBIG) Stock Price Today, News, Quotes, FAQs and Fundamentals 3rd Party Ad. CCV portfolio Lomotif has been acquired by ZVV Media, a joint venture of ZASH Global Media and Entertainment Corporation ("ZASH"), and Vinco Ventures (NASDAQ: BBIG ). Forward-looking statements include, among others, statements concerning or implying future financial performance, anticipated product performance and functionality of ZASHs products or products incorporating ZASHs products, and industry trends and growth opportunities affecting ZASH. Grow.) Through Lomotif, Vinco is poised to become one of the top global, pure-play video-sharing social networking platforms to be owned by a U.S. publicly traded company, competing with TikTok and. "The Company's proprietary Influencer Platform led to over 2 billion video views within a 30-day period. BBIG stock was down 7.5% as of Tuesday morning. A. Innovate. Forward-Looking Statements and Disclaimers. Its total installs surpass 225 million across the world and the app is available in more than 200 countries and 300 languages. "The unique monetization model for our global ecosystem of platforms really differentiates ZASH. ZASH will focus Lomotif on an advertising model going forward, as well as other means of monetization over the next several months., Lomotif is a global platform with tremendous following in Asia and Latin America and together with ZASH, it will replicate that success in the US and other markets, said Jaeson Ma. ZASH Global Media and Entertainment Corporation is an evolving network of synergetic companies working together to disrupt the media and entertainment industry as we know it today. Innovate. It was also on the press release for the merger closing. On Penny Stocks and Low-Volume Stocks:With only the rarest exceptions,InvestorPlacedoes not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. The scoring model uses a combination of short interest, float, short borrow fee rates, and other metrics. We have also included a link to the new investor presentation for your review and consideration. The reduction in physical shelf space and the global pandemic have exponentially increased the change in consumer behavior to favor purchasing online. This means that if the stock rises over $4.00, BBIG can raise an additional $130.8 million. Q. 500 Linden Oaks Suite 300 Rochester, NY 14625
Finance, the cash represents 74.1% of its market value. Access your favorite topics in a personalized feed while you're on the go. Subject to regulatory and exchange approvals. Trading volume for Vinco Ventures exploded after the deal to a record 59.9 million shares, compared with an average volume over the past 30 days of just 214,000 shares. Although ZASH believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, performance, or achievements. Moreover, Farnsworth and his partner Ma control Lomotif. as well as other partner offers and accept our, GOLDMAN SACHS: These 22 stocks still haven't recovered to pre-pandemic levels - and are set to explode amid higher earnings in 2021 as the economy recovers, We spoke to Winklevoss-backed crypto platform Gemini about bitcoin, how to use stable coins, and why regulation won't kill the boom in digital currencies, Registration on or use of this site constitutes acceptance of our. swriters disclose this fact and warn readers of the risks. Shares of Vinco Ventures skyrocketed over 300% on Thursday after the company announced a deal to merge with digital media company Zash. The company emphasized that it planned on closing the merger with Zash Global Media. Zash uses its analytics and distribution technology to ensure as many eyes as possible are on its partners' content. To the extent any statements contained in this press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995 and the information that are based upon beliefs of, and information currently available to, the companys management as well as estimates and assumptions made by the companys management. Lomotif is a TikTok rival based out of Singapore. SYRACUSE, N.Y., April 25, 2023 (GLOBE NEWSWIRE) -- Vinco Ventures, Inc. (Nasdaq Capital Market: BBIG), a technology company specializing in converting content to digital and social platforms . The trading volume for Monday's premarketsession had already exceeded 30 million at publication time. However, the total number of shares that will be outstanding then is not easily determined yet. Heres everything potential investors need to know about the company and its upcoming merger plans. While we were initially excited regarding the confirmed orders that we received, we have realized that the supply side of the industry is unable to keep up with the current global demand. Vinco Ventures Inc (NASDAQ:BBIG) is continuing to surgehigher Monday morning on abnormally high volume amid increasing interest in the stock from retail traders. Vinco Ventures (NASDAQ:BBIG) announced on July 23 it had closed the merger with a TikTok-like company called Lomotif. As the third step in our business, its the result of proper execution of our acquisition strategy and efficient innovation. By coupling these two principles together we scale quickly and profitably. On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. Thats because these penny stocks are frequently the playground for scam artists and market manipulators. Lomotif is the leading video-sharing social networking platform that is democratizing video creation. April 24, 2023 Upcoming Events View IR Calendar Annual Meeting of Stockholders Apr 27, 2023 10:00am EDT Email Alerts 86% of retail CFD accounts lose money, Dear BBIG Stock Fans, Mark Your Calendars for April 27. Vinco Ventures (BBIG) stock is in focus as investors try to assess its prospects before the Zash merger and amid a unit spin-off. Heres what you should know about Vinco Ventures and its stock moving forward. James Ulrich, Esq. Although the company believes that the expectations reflected in the forward-looking statements are reasonable, the company cannot guarantee future results, performance, or achievements. BBIG Vinco Ventures Inc 70,736 Watch $0.1832 $0.0164 (9.83%) Today $0.18 0.0021 (1.15%) After Hours Market Cap $45.61M Volume (M) 6.81M 52-Wk High $2.35 52-Wk Low $0.15 About Feed (Buy. Laurie Argall, VP of Branding and Media Content. It claims the LoMo deal value is $5 billion, but there is hardly any financial info to confirm this. Zash aims to build a "virtual Hollywood" with its proprietary platform where it can help influencers and content creators expand their brands. Lastly, and more importantly, we dont know how much revenue LoMo and/or Zash Global Media make. Vinco Ventures, Inc.
These statements can be identified by the fact that they do not relate strictly to historic or current facts. In addition, the Company entered into transactions with Honey Badger Media, LLC whereby in return for the payment of the consideration as set forth below, the Company receives the following: In todays marketplace for consumer product companies, the digital shelf dominates as the core channel for brand growth and sustainability. On May 25, Vinco Ventures released its first-quarter earnings report. Except as required by applicable law, including the security laws of the United States, the company does not intend to update any of the forward-looking statements to conform these statements to actual results. That would still represent 60.9% of its market cap. Such statements reflect the current view of the company with respect to future events and are subject to risks, uncertainties, assumptions and other factors relating to the companys industry, its operations and results of operations and any businesses that may be acquired by the company. Nasdaq Since BBIG stock has a. A copy of the letter also appears on the Company's website and is disclosed . today announced an update to the ZASH Global Media and Entertainment (ZASH) merger and Lomotif acquisition. Vinco Ventures, Inc. (BBIG) is a selective acquisitions company focused on digital media and content technologies. 24, Vinco Ventures said it would spin out Emmersive Entertainment to its shareholders as a standalone public company. Innovate Leverage the internal traffic platforms of Honey Badger and Social Pulse Media, our brands are able to quickly innovate and determine the highest conversion traffic and target accordingly. The closing of the Lomotif acquisition is subject to certain customary conditions to closing as described in the definitive acquisition agreement. Not an offer or recommendation by Stocktwits. Additionally, as of Mar. The . That may allow the company to raise additional capital and help fund its growth. Copyright 2023 InvestorPlace Media, LLC. Investor Relations: Aimee Carroll Phone: (866) 536-0943 Email: Investors@vincoventures.com, 2020 GlobeNewswire, Inc., source Press Releases. Mark Hake writes about personal finance onmrhake.medium.comand runs theTotal Yield Value Guidewhich you can reviewhere. Palladium Capital Group, LLC served as advisor to Vinco, on the capital raise to fund the transaction. By significantly improving both the traffic volume and the conversion metrics, the brands will more easily scale and innovate around the products that are most successful. Nasdaq Strategy: Buy. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. The company emphasized that it planned on closing the merger with Zash Global Media. In todays world of mass consumption of short-form content, we see Lomotifs addition to the ZASH family as an incredible opportunity to leverage our content in all formats and broaden our distribution platform worldwide.. These statements can be identified by the fact that they do not relate strictly to historic or current facts. This company is seen as a possible rival to TikTok. Historically over 10 billion atomic clips (User Generated Content (UGC)) have been used to create more than 740+ million videos on the platform since its launch. Such statements reflect the current view of the company with respect to future events and are subject to risks, uncertainties, assumptions and other factors relating to the companys industry, its operations and results of operations and any businesses that may be acquired by the company. BBIG Price Action: Vinco Ventures has traded as low as $1.11 over a 52-week period. Should one or more of these risks or uncertainties materialize, or the underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended, or planned. I believe the majority of insider owners of Vinco Ventures probably know this point. Nominated as a Board Member. Merger target ZASH is set to acquire TikTok rival Lomotif. ";s:7:"keyword";s:26:"vinco ventures merger news";s:5:"links";s:191:"<a href="https://lesamisdenzong-fondationcandia.com/HBaLi/eshay-slang-list">Eshay Slang List</a>,
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