Forward-Looking Statements and Disclaimers. Zash Global Media is the brainchild of the media disrupter and financier Ted Farnsworth. What LoMo brings to the table in this regard is completely unknown. The capital raise deal was a convertible note that can convert into 30 million shares at $4.00. For more information, please view our investor presentation or visit Investors.vincoventures.com. 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. 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. A. 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. This means that if the stock rises over $4.00, BBIG can raise an additional $130.8 million. quotes delayed at least 15 minutes, all others at least 20 minutes. Vinco Ventures, Inc. (NASDAQ: BBIG) is a mergers and acquisition company focused on digital commerce and consumer brands. 1 MarketScreener is worth more than 1000 Influencers! It's wise to avoid BBIG stock, as Vinco Ventures is invested in an app with heavy competition from famous brands. Such brands are ripe for consolidation, and Vinco will seek to lead the effort to consolidate those brands. Strategy: Buy. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges). April 24, 2023 Upcoming Events View IR Calendar Annual Meeting of Stockholders Apr 27, 2023 10:00am EDT Email Alerts Bethlehem, P.A., May 25, 2021 (GLOBE NEWSWIRE) -- Vinco Ventures, Inc. (NASDAQ:BBIG), a digital media merger and acquisitions company, today announced results for the three months ended March 31 . Grow.) Thats because these penny stocks are frequently the playground for scam artists and market manipulators. On May 25, Vinco Ventures released its first-quarter earnings report. Vinco Ventures Inc (NASDAQ:BBIG) is continuing to surgehigher Monday morning on abnormally high volume amid increasing interest in the stock from retail traders. Ms. Argall was able to expand her network after adapting to Facebooks ever-changing platform from blog +article monetization to video monetization. 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. quotes delayed at least 15 minutes, all others at least 20 minutes. Vinco Ventures, formerly known as Xspand Products Lab, is a mergers and acquisitions company that focuses on the digital media and e-commerce space. About ZASH Global Media and Entertainment Corporation. ZASH. Tier 1 brand acquisitions generate $20M+ in top line revenue. 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. Once identified, we scale while maintaining conversions for success. 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. Since BBIG stock has a market cap of just $134.91 million, according to Yahoo! Lomotif is a TikTok rival based out of Singapore. The closing of the Lomotif acquisition by ZASH is scheduled to occur concurrently with the closing of ZASHs merger and business combination with Vinco Ventures, Inc. (Vinco), which was previously announced in a joint press release in January 2021. These forward-looking statements include statements regarding the potential business synergies resulting from ZASHs acquisition of Lomotif and ZASHs proposed merger with Vinco, the potential market for ZASHs and Lomotifs product offerings, customer adoption and use of the Lomotif platform, and the ability of ZASH to monetize product offerings, including the Lomotif platform. So, they appear to have milked $2 million out of Vinco Ventures in advance of the merger. But once the stock rises over $4.00, most of its warrants can be exercised by the owners and the company will receive additional cash. Vinco Ventures Leverages Joint Venture to Pursue Lomotif Acquisition in Advance of ZASH Global Media and Entertainment Merger. Copyright Zash is a digital media company focused on creating a "virtual Hollywood" for influencers and content creators. Nasdaq Market Data powered by QuoteMedia. 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. 24, Vinco Ventures said it would spin out Emmersive Entertainment to its shareholders as a standalone public company. 2023 InvestorPlace Media, LLC. Innovate. Recently, on May 24, the company also raised an additional $5.74 million from an accredited investor through the exercise of existing warrants in BBIG stock. The company is also highly leveraged, holding over $8 million in debt on their books. We look forward to a new beginning and B.I.G. Stay up to speed with hot stocks' news! BBIG Stock Alert: Vinco Ventures Misses KEY Nasdaq Deadline, BBIG Stock Alert: Vinco Ventures Assigns New CEO, Short Interest Sector Focus: Consumer Cyclical Sector, VINCO VENTURES BOARD APPROVES NEW EXECUTIVE LEADERSHIP TEAM NAMING JAMES ROBERTSON CEO & PRESIDENT AND CHRIS POLIMENI CFO & COO, Vinco Ventures bounces off its low after CEO announcement while traders eye court case, Registration on or use of this site constitutes acceptance of our. The following additional data further shows the Lomotif platforms dominant, global user traction and reach that ZASH believes demonstrates massive untapped value and Lomotifs potential growth: Lomotif Founder and Chief Executive Officer, Paul Yang, will continue to lead Lomotif upon completion of the acquisition. Zash also includes two other media figures, including an early investor in TikTok and Triller Jaeson Ma and social monetization expert Vincent Butta. Vinco Ventures stock skyrocketed over 300% on Thursday amid news of a merger with Zash. Not an offer or recommendation by Stocktwits. 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. Business. Lastly, and more importantly, we dont know how much revenue LoMo and/or Zash Global Media make. To make matters even more confusing, the company claims a third-party valuation puts the value of Lomotif at $5 billion. Although the company believes that the expectations reflected in the forward-looking statements are reasonable, the company cannot guarantee future results, performance, or achievements. Until the company provides more clarity, dont expect the stock to move significantly higher, even if it is worth $5 billion, according to the company. Adding to this is news today that ZASH plans to acquire a majority stake in. Grow.) CCV is the first. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that. 1125 N. Charles St, Baltimore, MD 21201. What is up with this? 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. 2023 InvestorPlace Media, LLC. Vinco Ventures (BBIG) stock is in focus as investors try to assess its prospects before the Zash merger and amid a unit spin-off. "The unique monetization model for our global ecosystem of platforms really differentiates ZASH. Vinco Ventures, Inc. leverages the new market opportunity by utilizing their B.I.G. Updated Guidance for 2020 for Edison Nation and Edison Nation Medical and PPE performance. The specific attributes of the target companies will evolve with the market, but the core focus will remain digital media and consumer product companies. With our internal engines, we are able to expedite growth of our acquired brands to reach their target numbers quicker. Jun 24, 2021, 08:30 ET. today announced an update to the ZASH Global Media and Entertainment (ZASH) merger and Lomotif acquisition. Grow. Zash uses its analytics and distribution technology to ensure as many eyes as possible are on its partners' content. Access your favorite topics in a personalized feed while you're on the go. 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.. 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. Laurie Argall, VP of Branding and Media Content. The reduction in physical shelf space and the global pandemic have exponentially increased the change in consumer behavior to favor purchasing online. On the date of publication, Mark Hake did not have (either directly or indirectly) any positions in the securities mentioned in this article. Investor Relations :: Vinco Ventures, Inc. (BBIG) Latest News VINCO VENTURES BOARD APPROVES NEW EXECUTIVE LEADERSHIP TEAM NAMING JAMES ROBERTSON CEO & PRESIDENT AND CHRIS POLIMENI CFO & COO Apr 20, 2023 View All News Upcoming Events Annual Meeting of Stockholders Apr 27, 2023 10:00am EDT View All Events Latest Financial Results Q3 2022 BBIG stock was down 7.5% as of Tuesday morning. 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. A copy of the letter also appears on the Company's website and is disclosed . Nasdaq BBIG Price Action: Vinco Ventures has traded as low as $1.11 over a 52-week period. Investor Relations:Aimee CarrollPhone: 866-900-0992Email: Investors@vincoventures.com, Worlds Top Steelmaker Signs Deal for Saudi Arabian Steel Plant, Asia Stocks Fall as Traders Pare Risk Ahead of Fed: Markets Wrap, Japanese shares retreat on banking jitters ahead of Golden Week break, Impasse remains over Russian grain, fertilizer exports - Russia, Stocks on edge as traders wait on central bankers. Shares of Vinco Ventures skyrocketed over 300% on Thursday after the company announced a deal to merge with digital media company Zash. It subsequently raised $100 million in cash. View the BBIG U.S. Securities and Exchange Commission reporting information. The ZASH team is managed by a group of smart, if not somewhat brazen, consummate disrupters. Bethlehem, PA, Nov. 12, 2020 (GLOBE NEWSWIRE) -- Chris Ferguson, Chief Executive Officer of Vinco Ventures, Inc. (NASDAQ: BBIG), today issued a letter to the Company's shareholders commenting on the Company's recent merger agreement, name change, strategic path forward, 2021 outlook and key PPE related developments. It is a short-form video platform, similar to TikTok. Forward-looking statements speak only as of the date of such statements and, except as required by applicable law, the Company does not undertake any obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise. Copyright That is about the same as its cash per share (after $10 million in deal expenses). This is likely based on Lomotif, which will change its name to LoMo soon. The upbeat risk tone on Wall Street indices failed once again to offer any respite to BBIG stock. 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. Hopefully, more of this will become clearer once the company releases its upcoming 10-Q filing and associated press release. This was after the joint venture received the $2 million investment. For more information visit Investors.vincoventures.com. 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. For Vinco Ventures, the ZASH deal represents a new opportunity to get out of the hole financially. Sign up for our newsletter to get the inside scoop on what traders are talking about delivered daily to your inbox. Vinco Ventures Inc (NASDAQ:BBIG) is continuing to surge higher Monday morning on abnormally high volume amid increasing interest in the stock from retail traders. Edison Nation, Inc. (the Company) is pleased to announce the closing of a Merger Agreement (the Agreement) with Vinco Ventures, Inc. and its wholly owned subsidiary, Honey Badger Media, LLC (collectively referred to as Vinco). Zash is a digital media company focused on creating a "virtual Hollywood" for influencers and content creators. 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. For additional information about ZASH Global Media and Entertainment Corporation, please visit ZASHs website atwww.zash.global.
Blackpool Tower Deaths,
What Percentage Of The Uk Population Is Bame,
Are Sarah And Lo Beeston Sisters,
Articles V