vinco ventures merger news

Innovate. Copyright The specific attributes of the target companies will evolve with the market, but the core focus will remain digital media and consumer product companies. 25 Nov 2022. Edison Nation : announces the closing of a Merger Agreement with Vinco So investors are left with an extremely confusing reverse merger deal that has numerable potentially dilutive securities and tranches outstanding. Strategy: Buy. 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. Yangs bold vision is to build the worlds largest video vocabulary to accelerate the worlds transition to video-first expression. Vinco Ventures Issues Letter to Shareholders Highlighting Value-Enhancing Strategy. Vinco Ventures has provided zero financial information including their present revenues about their financial prospects going forward. Read More:Penny Stocks How to Profit Without Getting Scammed. 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. In addition, the company has done many warrant deals and issued many internal shares. Investor Relations :: Vinco Ventures, Inc. (BBIG) 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. Sign up for our newsletter to get the inside scoop on what traders are talking about delivered daily to your inbox. That could help boost BBIG stock especially if it leads to a new cash raise. 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 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.. 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. For more information, please view our investor presentation or visit Investors.vincoventures.com. "The Company's proprietary Influencer Platform led to over 2 billion video views within a 30-day period. Trading volume for Vinco Ventures jumped to a record 59.9 million on Thursday. However, BBIG stock is languishing around $3.28. Nasdaq Vinco Ventures, Inc. (BBIG), a consumer products and digital marketing company which aims to advance both product and people brand recognition through our digital marketing and technology platform while reshaping how those are monetized and marketed. BBIG Price Action: Vinco Ventures has traded as low as $1.11 over a 52-week period. Vinco Ventures Issues Letter to Shareholders Highlighting Value-Enhancing Strategy, VINCO VENTURES BOARD APPROVES NEW EXECUTIVE LEADERSHIP TEAM NAMING JAMES ROBERTSON CEO & PRESIDENT AND CHRIS POLIMENI CFO & COO, Vinco Ventures Executive Chairman Rod Vanderbilt Issues Letter to Shareholders, VINCO VENTURES SEES MORE THAN 30% INCREASE IN DAILY REVENUE FROM BETA TEST OF NEW AND EXCLUSIVE USER-GENERATED CONTENT PLATFORM, UPDATE ON FILING OF QUARTERLY REPORTS ON FORM 10-Q FOR THE QUARTERS ENDED JUNE 30, 2022 AND SEPTEMBER 30 2022, VVIP VENTURES ANNOUNCES MULTI-YEAR SYNDICATION AGREEMENT WITH A360 MEDIA. Vinco Ventures, Inc. Announces 'Spin Out' of Emmersive Entertainment So if the stock rises to $4.00 and the warrants and convertibles are exchanged into shares, there would be 90.6325 million shares outstanding with a market value of $362.50 million. 2023 InvestorPlace Media, LLC. On May 25, Vinco Ventures released its first-quarter earnings report. There were conflicting reports on Friday in regard to the share float size. Innovate. Adding to this is news today that ZASH plans to acquire a majority stake in. Finance, the cash represents 74.1% of its market value. Vinco Ventures (BBIG) has been one of the most explosive stocks over the last 3 weeks, rising from about $2 to over $12 at its recent high. Innovate. The company would also have $230.8 million in cash, before about $10 million in expenses, or $220.8 million. This is the proxy record date for when shareholders will need to own BBIG . Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. The closing of the Lomotif acquisition is subject to certain customary conditions to . BETHLEHEM, Pa., Oct. 20, 2021 /PRNewswire/ -- Vinco Ventures (NASDAQ: BBIG) / - Vinco Ventures and ZASH update: One of the first courses of action of the new Vinco Venture board is to change the . Forward-Looking Statements and Disclaimers. For more information visit Investors.vincoventures.com. This is likely based on Lomotif, which will change its name to LoMo soon. That is why they did a reverse merger with BBIG stock. That would still represent 60.9% of its market cap. Additionally, we will provide separate detail revenue and margin guidance for all PPE and non PPE business going forward. Having accumulated decades of collective experience across a variety of fields, our leadership team is the source of our success. It claims the LoMo deal value is $5 billion, but there is hardly any financial info to confirm this. Upon completion of the merger between ZASH and Vinco, ZASH will become a public company and controlling shareholder of Vinco, making Lomotif one of the top global, pure play video-sharing social networking platforms to be owned by a US publicly traded company, competing with TikTok and Kauisho in the space. By Ruchi Gupta Jun. 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. Vinco Ventures: Social Networking Powerhouse In The Making 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. Article printed from InvestorPlace Media, https://investorplace.com/2021/07/bbig-stock-has-closed-deal-with-lomotif-but-details-end-there/. Jim Ulrich is an NFL and MLB-Certified Agent and sports law attorney with more than two decades of experience representing elite professional athletes. Why Vinco Ventures Stock Is Surging Higher Again Today The co-founders of ZASH behind this deal are former. These statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, including: (i) economic conditions, competition and other risks that may affect the Companys future performance, including the impacts of the COVID-19 pandemic on the Companys business, markets, supply chain, customers and workforce, on the credit and financial markets, on the alignment of expenses and revenues and on the global economy generally; (ii) the ability to recognize the anticipated benefits of the Companys acquisitions, including its ability to successfully integrate and make necessary capital investments to support additional acquisitions, and the Companys ability to take advantage of strategic opportunities; (iii) changes in applicable laws or regulations; (iv) the possibility that the Company may be adversely affected by other economic, business, and/or competitive factors; and (v) other risks and uncertainties. Such information are based upon beliefs of, and information currently available to, ZASH management as well as estimates and assumptions made by ZASHs management. We have also included a link to the new investor presentation for your review and consideration. Q. Grow. James Ulrich, Esq. Additionally, as of Mar. Sausage-skin maker agrees to 540m takeover. Terms of Use. 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. ", Read more: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. News / Events :: Vinco Ventures, Inc. (BBIG) Back in February, Farnsworth and Ma took a controlling stake in Lomotif. today announced an update to the ZASH Global Media and Entertainment (ZASH) merger and Lomotif acquisition. Plus500. On the date of publication, Mark Hake did not have (either directly or indirectly) any positions in the securities mentioned in this article. 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. The ZASH team is managed by a group of smart, if not somewhat brazen, consummate disrupters. 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.
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