vinco ventures merger news

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. By coupling these two principles together we scale quickly and profitably. Lomotif is one of five partners selected by Snapchat for a bi-directional integration for posting stories between the two platforms. The scoring model uses a combination of short interest, float, short borrow fee rates, and other metrics. 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. Tier 1 brand acquisitions generate $20M+ in top line revenue. Buy - Acquisitions is our model. However, the problem here is that theres been very little information provided about the benefits of the upcoming merger with Zash Global Media. 1 Nov 2022. See disclosure here. 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 . Shares of Vinco Ventures skyrocketed over 300% on Thursday after the company announced a deal to merge with digital media company Zash. 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. Vinco Ventures, Inc. (NASDAQ: BBIG) is a mergers and acquisition company focused on digital commerce and consumer brands. BETHLEHEM, Pa., June 24, 2021 /PRNewswire/ -- Vinco Ventures, Inc. (NASDAQ: BBIG) a leader in selective acquisitions leveraging new market opportunities by utilizing . Cooley LLP represented Lomotif in the transaction. 1 MarketScreener is worth more than 1000 Influencers! Vinco Ventures, Inc. Reports Financial Results for the 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,. 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. Acquisitions are our model. 4, the joint venture that Vinco formed with Zash Global Media invested $2 million into Lomotif. 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 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. In addition, on Jun. Vinco Ventures skyrockets over 300% after inking merger deal with Zash Vinco Ventures Wants to Beat TikTok at Its Own Game | Nasdaq Vinco Ventures, Inc. (BBIG) Latest Stock News & Headlines - Yahoo Finance 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. Innovate. 5 Hypergrowth Stocks With 10X Potential in 2023, ever-changing engagement and content demands, 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. Grow. Vinco Ventures (NASDAQ:BBIG) is a product research and development, manufacturing, sales and fulfillment company that runs large losses. By clicking Sign up, you agree to receive marketing emails from Insider Nasdaq It is a short-form video platform, similar to TikTok. Mark Hake writes about personal finance onmrhake.medium.comand runs theTotal Yield Value Guidewhich you can reviewhere. (Buy. Vinco Ventures Wants to Beat TikTok at Its Own Game | Nasdaq Skip to main content Logo-halfwhite Created with Sketch. Strategy: Buy. 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. Sausage-skin maker agrees to 540m takeover. I have found in the past that companies that clearly announce how many shares are presently outstanding fare better. Lomotif is the leading video-sharing social networking platform that is democratizing video creation. Strategy of one acquisition per Quarter: $17M. Wednesday September, 15th marks an important date for Vinco Ventures shareholders. Scotland business. Forward-Looking Statements and Disclaimers. All told, you can look to see BBIG stock move higher as the merger and spinoff close. Once identified, we scale while maintaining conversions for success. 1125 N. Charles St, Baltimore, MD 21201. 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 stock skyrocketed over 300% on Thursday amid news of a merger with Zash. Mr. McFaddens company has been successful in launching several direct-to-consumer products for both internal concepts as well as Fortune 500 companies. Since BBIG stock has a. Strategy: Buy. Vinco Ventures Has Closed Its Deal With Lomotif But the Details End There. This press release contains forward-looking statements within the meaning of federal securities laws. Zash also includes two other media figures, including an early investor in TikTok and Triller Jaeson Ma and social monetization expert Vincent Butta. Jim is a partner at Enter-Sports Management, a full-service agency for professional athletes with offices in Philadelphia, Atlanta, Fort Lauderdale and Charlotte. Altogether, this deal will allow the company to cover its losses and expand its business. 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. Innovate. That is about the same as its cash per share (after $10 million in deal expenses). 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. TIKTOK AND KUAISHOU RIVAL, LOMOTIF, SELLS TO ZASH :: Vinco Ventures 9 Dec 2022. The company emphasized that it planned on closing the merger with Zash Global Media. For more information, please view Vincosinvestor presentationor visitInvestors.vincoventures.com. 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 . We look forward to a new beginning and B.I.G. Although the company believes that the expectations reflected in the forward-looking statements are reasonable, the company cannot guarantee future results, performance, or achievements. 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. The ZASH team is managed by a group of smart, if not somewhat brazen, consummate disrupters. Until then, investors can follow the math that I described above. Delayed Nasdaq Plus500. We will seek to acquire significant brands to continue to add to the Portfolio. With our internal engines, we are able to expedite growth of our acquired brands to reach their target numbers quicker. Given these risks and uncertainties, prospective investors are cautioned not to place undue reliance on forward-looking statements. (Buy. The closing of the Lomotif acquisition is subject to certain customary conditions to closing as described in the definitive acquisition agreement. ZASH. quotes delayed at least 15 minutes, all others at least 20 minutes. 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 more information visit Investors.vincoventures.com. These statements can be identified by the fact that they do not relate strictly to historic or current facts. "The unique monetization model for our global ecosystem of platforms really differentiates ZASH. It claims to have over 31 million monthly active users (MAUs). For more information, please view our investor presentation or visit Investors.vincoventures.com. Grow.) 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. This will have ZASH becoming a publicly-traded company as the majority shareholder of BBIG stock. All rights reserved. Ms. Argall currently owns and operates a successful social media network of influencers, content creators and celebrities. Vinco Ventures stock skyrocketed over 300% on Thursday amid news of a merger with Zash. Investors . This means that if the stock rises over $4.00, BBIG can raise an additional $130.8 million. 31, it has just $5.5 million in cash and $1.68 million in receivables and is also running steep cash flow losses. All rights reserved. Now, BBIG stock also seems to be dependent on the closing of this merger. For more information about ZASHs proposed merger with Vinco, please see the press release (https://investors.vincoventures.com/press-releases/detail/78/musical-ly-tiktok-triller-and-moviepass-innovators-unite) and Vincos 8-K filed on January 19, 2021 (https://sec.report/Document/0001493152-21-001470/). We have also included a link to the new investor presentation for your review and consideration. Vinco Ventures, Inc. Announces Update on Lomotif and ZASH Global Media So, they appear to have milked $2 million out of Vinco Ventures in advance of the merger. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that. Strategy: Buy. Vinco Ventures Will Get a Boost from Its Upcoming Merger and - Insider ZASH And Vinco Ventures Reposition Management Teams Across All ZASH BBIG Stock News: Vinco Ventures Inc sheds another 5% but - FXStreet Forward-Looking Statements and Disclaimers. Vinco Ventures, Inc. Reports Financial Results for the Market Data powered by QuoteMedia. 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. Vinco Ventures Has Closed Its Deal With Lomotif But the Details End There 25 2021, Published 11:47 a.m. Innovate. 2023 InvestorPlace Media, LLC. Additionally, as of Mar. When the merger between Vinco Ventures and ZASH closes, this will have Lomotif owned by a public company in the U.S. To make matters even more confusing, the company claims a third-party valuation puts the value of Lomotif at $5 billion. Subject to regulatory and exchange approvals. It subsequently raised $100 million in cash. In addition, the combined company plans on acquiring another company called Lomotif through a joint venture that Vinco and Zash have formed pre-merger. 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. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. 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. Vinco Ventures, Inc. Announces Update on Lomotif and ZASH Global Media 31, it has just . Copyright So investors are left with an extremely confusing reverse merger deal that has numerable potentially dilutive securities and tranches outstanding. Zash Global Media is the brainchild of the media disrupter and financier Ted Farnsworth. Trading volume for Vinco Ventures jumped to a record 59.9 million on Thursday. 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. 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. Vinco Ventures, Inc. (BBIG) is a selective acquisitions company focused on digital media and content technologies. Back in January, it announced a reverse merger with a private media company called Zash Global Media. 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. In response, we have adjusted our corporate guidance in the PPE space from fiscal year 2020 to include the initial two quarters of 2021 to allow sufficient time for delivery. According to Media Play News, the merger is designed to make a new virtual Hollywood. The company will utilize data, metadata and the Internet of Things (IoT) to meet the ever-changing engagement and content demands of content developers, consumers and creators. So far, its not clear what their plans and product are. GDC Stock Alert: Why Is GD Culture Group Up 700% Today? Investor Relations: Aimee Carroll Phone: (866) 536-0943 Email: Investors@vincoventures.com, 2020 GlobeNewswire, Inc., source Press Releases. Mr. McFadden currently operates a consulting company focused on business development in the digital direct to consumer space. Vinco Ventures, Inc. (BBIG) Announces Filing of Form 10 Registration All rights reserved. Heres what you should know about Vinco Ventures and its stock moving forward. Having accumulated decades of collective experience across a variety of fields, our leadership team is the source of our success. Terms of Use. The platform is fun and engaging and its features are unique and innovative. Vinco Ventures (NASDAQ: BBIG) announced on July 23 it had closed the merger with a TikTok-like company called Lomotif. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. Why Vinco Ventures Stock Is Surging Higher Again Today With the partnerships ZASH has in place and has planned, said Yang, were a natural fit. 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. Lomotif, a video and social platform similar to TikTok, lets users share short music videos. It has become increasingly popular in Asia, Europe and South America, apparently growing by over 350 million videos per month. Vincos B.I.G. However, the total number of shares that will be outstanding then is not easily determined yet. Our strategy is seeking out acquisition opportunities that are poised for scale and will BE BIG. Copyright 2023 Surperformance. Pursuant to the Agreement, Vinco merged with and into the Company with the resultant new Company name being Vinco. 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. 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. So it is very difficult to determine the total dilutive number of shares outstanding. 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. 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. On May 25, Vinco Ventures released its first-quarter earnings report. swriters disclose this fact and warn readers of the risks. Edison Nation : announces the closing of a Merger Agreement with Vinco We look forward to expanding the platform in the US market and around the rest of the world., Having had experience building another video-sharing social networking platform, it became quickly apparent that Lomotifs patented technology for mixing and video editing is second to none. said Vince Butta. strategy will seek out acquisition opportunities that allow for generating digital traffic that will allow for growth and profitability. Market Data copyright 2023 QuoteMedia. 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. Investor Relations :: Vinco Ventures, Inc. (BBIG) The social media sharing service has a focus on videos with more than 10 billion user-generated clips. Its total installs surpass 225 million across the world and the app is available in more than 200 countries and 300 languages. things in 2021. Since BBIG stock has a market cap of just $134.91 million, according to Yahoo! Sign up for our newsletter to get the inside scoop on what traders are talking about delivered daily to your inbox. Although ZASH believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, performance, or achievements. It has $100 million in cash (not including any prior cash). BBIG Stock: 10 Things to Know About TikTok Rival Vinco Ventures Amid All rights reserved. Heres everything potential investors need to know about the company and its upcoming merger plans. Nominated as a Board Member. 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 . Read More:Penny Stocks How to Profit Without Getting Scammed. 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. MULN Stock Alert: UNC Charlotte Orders Mullen Vans, BBIG Stock: 10 Things to Know About TikTok Rival Vinco Ventures Amid the Merger News, Starting off, Vinco Ventures is a mergers and acquisition company focused on digital commerce and consumer brands., The company announced earlier this year that it plans to merge with. See Also: EXCLUSIVE: Vinco Ventures Merger Partner ZASH Global Media Is Building Content, Gearing Up For Merger. "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. 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. Grow - More targeted traffic equals more conversions. Vincos B.I.G. Vinco is poised to leverage the new market opportunity by utilizing their B.I.G. When the merger between Vinco Ventures and ZASH closes, this will have Lomotif owned by a public company in the U.S. BBIG stock was down 7.5% as of Tuesday morning. Nasdaq Aug. 30, 2021, 09:01 AM. This is the proxy record date for when shareholders will need to own BBIG . Strategy: Buy. That entity creates and markets NFTs (non-fungible tokens). 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. (Buy. Vinco Ventures Issues Letter to Shareholders Highlighting Value
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