Innovate. Vinco Ventures: Social Networking Powerhouse In The Making 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. Ms. Argall was able to expand her network after adapting to Facebooks ever-changing platform from blog +article monetization to video monetization. Thats because these penny stocks are frequently the playground for scam artists and market manipulators. It subsequently raised $100 million in cash. In effect, Zash will become the controlling company, although it will retain the Vinco Ventures name and the BBIG stock symbol. Source: Postmodern Studio / Shutterstock.com, 5 Hypergrowth Stocks With 10X Potential in 2023, need to know about the company and its upcoming merger plans, 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, Ideanomics (IDEX) Stock Surges 90% Ahead of Possible Delisting, Stock Market Crash Alert: Mark Your Calendars for May 3, QS Stock Alert: QuantumScape Shares New Details on Commercial Timeline. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. 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,. Lomotif is the leading video-sharing social networking platform that is democratizing video creation. This means its market cap, if there are still only 27.935 million shares outstanding, is only $91.6 million. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that. Edison Nation : announces the closing of a Merger Agreement with Vinco Nasdaq Market Activity CLOSE Market Activity Stocks Options Funds + ETFs Indexes. Until then, investors can follow the math that I described above. 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. Grow. All rights reserved. This press release contains forward-looking statements within the meaning of federal securities laws. The Vinco brands receive a competitive advantage by having access to the digital traffic engine that has produced the following results: GROW: Growth is fueled through acquisition and innovation. The average session volume is about 18.5million. Jim is a partner at Enter-Sports Management, a full-service agency for professional athletes with offices in Philadelphia, Atlanta, Fort Lauderdale and Charlotte. 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. Vinco Ventures, Inc. (BBIG) Latest Stock News & Headlines - Yahoo Finance Grow - More targeted traffic equals more conversions. The upbeat risk tone on Wall Street indices failed once again to offer any respite to BBIG stock. 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. Updated Guidance for 2020 for Edison Nation and Edison Nation Medical and PPE performance. Vinco Ventures, Inc. (BBIG) is a selective acquisitions company focused on digital media and content technologies. 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. BBIG Stock News: Vinco Ventures Inc tanks ahead of Cryptyde - FXStreet The merger between Vinco Ventures and ZASH, as well as ZASH acquiring Lomotif, is set to take place at the same time. 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. Altogether, this deal will allow the company to cover its losses and expand its business. In addition, on Jun. That is about the same as its cash per share (after $10 million in deal expenses). 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. Zash also includes two other media figures, including an early investor in TikTok and Triller Jaeson Ma and social monetization expert Vincent Butta. Investment bank BTIG represented ZASH on the buy side of the transaction. In addition, the company has done many warrant deals and issued many internal shares. That is why they did a reverse merger with BBIG stock. 2023 InvestorPlace Media, LLC. Vinco Ventures, Inc. : Notice of Delisting or Failure to Satisfy a Continued Listing Rule .. Vinco Ventures, Inc. Such information are based upon beliefs of, and information currently available to, ZASH management as well as estimates and assumptions made by ZASHs management. On the date of publication, Mark Hake did not have (either directly or indirectly) any positions in the securities mentioned in this article. Vinco Ventures is trending across social media platforms as traders discussthe stock'spotential as a short squeeze candidate. Back in February, Farnsworth and Ma took a controlling stake in Lomotif. However, the total number of shares that will be outstanding then is not easily determined yet. Strategy: 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. Strategy of one acquisition per Quarter: $17M. Our strategy is seeking out acquisition opportunities that are poised for scale and will BE BIG. "The merger with ZASH and the resulting combined entity provides current and prospective business partners with the assurance of our ability to scale our production and creative services to meet their growing content creation and distribution needs," said Vinco Chief Strategy Officer Brian McFadden. The media and entertainment team led by Tom K. Ara and including Patrick Anding at law firm DLA Piper LLP negotiated and advised ZASH on the Lomotif deal and are also advising ZASH in its merger with Vinco. This is the proxy record date for when shareholders will need to own BBIG . 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. Vinco Ventures Wants to Beat TikTok at Its Own Game | Nasdaq BBIG Stock: 10 Things to Know About TikTok Rival Vinco Ventures Amid Then, on Jun. 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. 86% of retail CFD accounts lose money, Dear BBIG Stock Fans, Mark Your Calendars for April 27. Vinco Ventures has provided zero financial information including their present revenues about their financial prospects going forward. Vinco Ventures, Inc. Announces 'Spin Out' of Emmersive Entertainment Plus500. Companies that understand this and announce where things stand tend to trade closer to their underlying value. Vinco Ventures stock skyrocketed over 300% on Thursday amid news of a merger with Zash. ZASH And Vinco Ventures Reposition Management Teams Across All ZASH Back in January, it announced a reverse merger with a private media company called Zash Global Media. About ZASH Global Media and Entertainment Corporation. Lomotif, available in the Apple and Google stores, is a breakthrough downloadable app for hip hop, rap, and urban culture across the United States and Latin America. Vinco Ventures (NASDAQ:BBIG) is a product research and development, manufacturing, sales and fulfillment company that runs large losses. The company emphasized that it planned on closing the merger with Zash Global Media. Trading volume for Vinco Ventures jumped to a record 59.9 million on Thursday. Vinco Ventures, formerly known as Xspand Products Lab, is a mergers and acquisitions company that focuses on the digital media and e-commerce space. BBIG Price Action: Vinco Ventures has traded as low as $1.11 over a 52-week period. 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. The co-founders of ZASH behind this deal are former. Vinco Ventures Has Closed Its Deal With Lomotif But the Details End There For additional information about ZASH Global Media and Entertainment Corporation, please visit ZASHs website atwww.zash.global. However, the problem here is that theres been very little information provided about the benefits of the upcoming merger with Zash Global Media. 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. Vincos B.I.G. 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. 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. Additionally, as of Mar. Given these risks and uncertainties, prospective investors are cautioned not to place undue reliance on forward-looking statements. The number ranges from 0 to 100, with higher numbers indicating . Acquisitions are our model. This means that if the stock rises over $4.00, BBIG can raise an additional $130.8 million. GDC Stock Alert: Why Is GD Culture Group Up 700% Today? COVID-19 has created both opportunity and a considerable amount of uncertainty across many markets including the sourcing and sale of Personal Protective Equipment.
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