86% of retail CFD accounts lose money, Dear BBIG Stock Fans, Mark Your Calendars for April 27. This is because when a reverse merger closes, along with a capital raise and potentially dilutive warrant issues, investors get confused about where the value of the stock is at present. All rights reserved. (Buy. 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. GDC Stock Alert: Why Is GD Culture Group Up 700% Today? Additionally, a serial entrepreneur Brian will assist in identifying and targeting our acquisitions to ensure for long term growth and scale. Vinco Ventures Inc (NASDAQ:BBIG) is continuing to surgehigher Monday morning on abnormally high volume amid increasing interest in the stock from retail traders. things in 2021. 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 . 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 Forward-Looking Statements and Disclaimers. Many consumer product brands are struggling with this reality and have failed to focus on the importance of the digital shelf. With the partnerships ZASH has in place and has planned, said Yang, were a natural fit. So, they appear to have milked $2 million out of Vinco Ventures in advance of the merger. Altogether, this deal will allow the company to cover its losses and expand its business. In effect, Zash will become the controlling company, although it will retain the Vinco Ventures name and the BBIG stock symbol. There were conflicting reports on Friday in regard to the share float size. We will seek to acquire significant brands to continue to add to the Portfolio. Vincos B.I.G. GDC Stock Alert: Why Is GD Culture Group Up 700% Today? CCV is the first. Once identified, we scale while maintaining conversions for success. Thats because these penny stocks are frequently the playground for scam artists and market manipulators. Driving traffic to her websitesin excess ofover150 million unique visitors monthly,Ms. Argallhas a unique ability to identify what will trend on social media and go viral. Syracuse, NY, Feb. 27, 2023 (GLOBE NEWSWIRE) -- Vinco Ventures, Inc. (Nasdaq: BBIG) ("Vinco Ventures," "Vinco," or the "Company"), a digital media and content technologies company,. Dennis Dembia / R&CPMKDennis.dembia@rogersandcowanpmk.com+1 310 854 8114, Jason Magner / R&CPMKJason.magner@rogersandcowanpmk.com+1 310 854 8128, https://investors.vincoventures.com/press-releases/detail/78/musical-ly-tiktok-triller-and-moviepass-innovators-unite, https://sec.report/Document/0001493152-21-001470/, 740+ million video super-clips created to date, 225+ million installations globally (in 200+ countries in 300+ languages), 160+ million total lifetime viewers (iOS/Android), 300+ million videos watched on the platform per month, 90+ minutes of engagement on average with core users. 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. For more information visit Investors.vincoventures.com. 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. For Vinco Ventures, the ZASH deal represents a new opportunity to get out of the hole financially. (Buy. 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 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. On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. Innovate. By clicking Sign up, you agree to receive marketing emails from Insider Announces Executive Changes, Vinco Ventures, Inc. Appoints James Robertson as Chief Executive Officer, Vinco Ventures, Inc. Appoints Chris Polimeni as CFO, Vinco Ventures Executive Chairman Rod Vanderbilt Issues Letter to Shareholders, Chairman, President & Chief Executive Officer, The registered traffic domains related to Honey Badger Media in exchange for the payment of three hundred thousand dollars (. Delayed Nasdaq 1 Nov 2022. Vinco Ventures Inc. SEC filings breakout by MarketWatch. Stay informed and receive company updates straight to your inbox. BBIG stock should benefit from the Lomotif news and other catalysts. Since BBIG stock has a. The specific attributes of the target companies will evolve with the market, but the core focus will remain digital media and consumer product companies. For additional information about Lomotif Private Limited, please visit Lomotifs website atwww.lomotif.com. Strategy: Buy. 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. BBIG Price Action: Vinco Ventures has traded as low as $1.11 over a 52-week period. Mark Hake writes about personal finance onmrhake.medium.comand runs theTotal Yield Value Guidewhich you can reviewhere. To make matters even more confusing, the company claims a third-party valuation puts the value of Lomotif at $5 billion. Vincos B.I.G. Buy - Acquisitions is our model. 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. This company is seen as a possible rival to TikTok. 25 Nov 2022. All forward-looking statements are qualified in their entirety by this cautionary statement. strategy will seek out acquisition opportunities that are poised for scale and grow said acquisitions through targeted traffic and content campaigns. In addition, it also issued a warrant for 32.697548 million shares with an exercise price of $4.00. 1125 N. Charles St, Baltimore, MD 21201. 4, the joint venture that Vinco formed with Zash Global Media invested $2 million into Lomotif. Investment bank BTIG represented ZASH on the buy side of the transaction. Vinco Ventures, Inc. : Notice of Delisting or Failure to Satisfy a Continued Listing Rule .. Vinco Ventures, Inc. Scotland business. Our strategy is seeking out acquisition opportunities that are poised for scale and will BE BIG. Additionally, as of Mar. 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. Subject to regulatory and exchange approvals. Copyright Tier 1 brand acquisitions generate $20M+ in top line revenue. It was among the top five most-mentioned stocks on the subreddit r/wallstreetbets over the last 24 hours. Vinco Ventures is trending across social media platforms as traders discussthe stock'spotential as a short squeeze candidate. Nasdaq The problem we have is it is difficult to calculate the exact number of shares outstanding right now. It's wise to avoid BBIG stock, as Vinco Ventures is invested in an app with heavy competition from famous brands. 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. Vinco Ventures has provided zero financial information including their present revenues about their financial prospects going forward. Sign up for email alerts to receive company updates including press releases, filings and special announcements straight to your inbox. In addition, the. Vinco Ventures Wants to Beat TikTok at Its Own Game | Nasdaq Skip to main content Logo-halfwhite Created with Sketch. So far, the agreement hasnt yet closed, but hopes are that it will be approved sometime in July. James Ulrich, Esq. 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. The number ranges from 0 to 100, with higher numbers indicating . Zash Global Media is the brainchild of the media disrupter and financier Ted Farnsworth. Zash is a digital media company focused on creating a "virtual Hollywood" for influencers and content creators. 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,. For one, this joint venture with Vinco Ventures prior to the reverse merger allows shareholders in BBIG stock to participate in its growth. 2023 InvestorPlace Media, LLC. Exclusive and perpetual license agreement for the use of the Honey Badger Media portal and its process for branding and content development of media properties in exchange for 750,000 shares of restricted common stock of the company. Feb 27, 2023 Thats because these penny stocks are frequently the playground for scam artists and market manipulators. 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. The deal will close in Q3 of this year, but the record date is not yet set. Grow.) The ZASH team is managed by a group of smart, if not somewhat brazen, consummate disrupters. Vincos B.I.G. Grow - More targeted traffic equals more conversions. Companies that understand this and announce where things stand tend to trade closer to their underlying value. Mark Hake writes about personal finance onmrhake.medium.comand runs theTotal Yield Value Guidewhich you can reviewhere. the parties intend to issue a formal proxy to the Vinco shareholders for the approval of the ZASH merger with Vinco on or before July 15, 2021. Strategy of one acquisition per Quarter: $17M. 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 closing of the Lomotif acquisition is subject to certain customary conditions to closing as described in the definitive acquisition agreement. Moreover, Farnsworth and his partner Ma control Lomotif. I believe the majority of insider owners of Vinco Ventures probably know this point. -, Vinco Ventures, Inc. : Other Events (form 8-K), Vinco Ventures Issues Letter to Shareholders Highlighting Value-Enhancing Strategy, Vinco Ventures, Inc. : Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing (form 8-K). 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. The closing of the Lomotif acquisition by ZASH is scheduled to occur concurrently with the closing of ZASH's merger and business combination with Vinco Ventures, Inc. (" Vinco "), which was previously announced in a joint press release in January 2021. 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. That is why they did a reverse merger with BBIG stock. 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. This is likely based on Lomotif, which will change its name to LoMo soon. April 24, 2023 Upcoming Events View IR Calendar Annual Meeting of Stockholders Apr 27, 2023 10:00am EDT Email Alerts Zash aims to build a "virtual Hollywood" with its proprietary platform where it can help influencers and content creators expand their brands. He was the founder of MoviePass, a subscription service for weekly movie-going that eventually failed. quotes delayed at least 15 minutes, all others at least 20 minutes. This is the proxy record date for when shareholders will need to own BBIG . 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. 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. A copy of the letter also appears on the Companys website and is disclosed in the Companys Current Report on Form 8-K filed with the SEC on November 12, 2020. Read more: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. "The Company's proprietary Influencer Platform led to over 2 billion video views within a 30-day period. Jim Ulrich is an NFL and MLB-Certified Agent and sports law attorney with more than two decades of experience representing elite professional athletes. It is a short-form video platform, similar to TikTok. 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. Grow. Vinco Ventures Leverages Joint Venture to Pursue Lomotif Acquisition in Advance of ZASH Global Media and Entertainment Merger. 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. Q. Lomotif is the leading video-sharing social networking platform that is democratizing video creation. 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. Stay up to speed with hot stocks' news! The trading volume for Monday's premarketsession had already exceeded 30 million at publication time. Zash is a digital media company focused on creating a "virtual Hollywood" for influencers and content creators. These statements can be identified by the fact that they do not relate strictly to historic or current facts. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. BETHLEHEM, Pa., June 24, 2021 /PRNewswire/ -- Vinco Ventures, Inc. (NASDAQ: BBIG) a leader in selective acquisitions leveraging new market opportunities by utilizing . Grow.) FAIRPORT, NY., Nov. 08, 2021 (GLOBE NEWSWIRE) -- November 8, 2021, Vinco Ventures, Inc. (NASDAQ: BBIG) ("Vinco") today announced the filing of a Form 10 registration statement with the. 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. 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. US court blocks Penguin merger with rival publisher. 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. Although ZASH believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, performance, or achievements. 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 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. Forward-Looking Statements and Disclaimers. It subsequently raised $100 million in cash. Sausage-skin maker agrees to 540m takeover. It is now set to merge with Zash, a media, entertainment, and content-focused technology company led by co-founders Ted Farnsworth, Jaeson Ma, and Vincent Butta. 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. Access your favorite topics in a personalized feed while you're on the go. Vinco Ventures Leverages Joint Venture to Pursue Lomotif Acquisition in Advance of ZASH Global Media and Entertainment Merger. ZASH. With our internal engines, we are able to expedite growth of our acquired brands to reach their target numbers quicker. The company would also have $230.8 million in cash, before about $10 million in expenses, or $220.8 million. Innovate. Mr. McFadden has been integral in the creation of several cellular communications patents in previous business experience. See Also: EXCLUSIVE: Vinco Ventures Merger Partner ZASH Global Media Is Building Content, Gearing Up For Merger. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. Grow. Merger target ZASH is set to acquire TikTok rival Lomotif. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines. Strategy: Buy. Market Data powered by QuoteMedia. Cooley LLP represented Lomotif in the transaction. They may be more interested in buying shares for themselves or for those that understand the underlying value before it becomes more well known. Vinco Ventures, Inc. 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. The Short Squeeze Score is the result of a sophisticated, multi-factor quantitative model that identifies companies that have the highest risk of experiencing a short squeeze. However, the problem here is that theres been very little information provided about the benefits of the upcoming merger with Zash Global Media. Copyright On the date of publication, Mark Hake did not have (either directly or indirectly) any positions in the securities mentioned in this article. On May 25, Vinco Ventures released its first-quarter earnings report. The stock was up57.20% at $8.32 at publication time. That could leave the stock significantly undervalued. Grow.) Investors . ET ZASH is providing this information as of the date of this release and does not undertake any obligation to update any forward-looking statements contained in this release as a result of new information, future events, or otherwise. Zash also includes two other media figures, including an early investor in TikTok and Triller Jaeson Ma and social monetization expert Vincent Butta. Article printed from InvestorPlace Media, https://investorplace.com/2021/07/bbig-stock-has-closed-deal-with-lomotif-but-details-end-there/.
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