In other words, you cant just say your company is worth $5 billion and provide very little financial information with which to support the statement. 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. CCV is the first. Vinco Ventures (NASDAQ:BBIG) is a product research and development, manufacturing, sales and fulfillment company that runs large losses. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges). 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. The closing of the Lomotif acquisition is subject to certain customary conditions to . That entity creates and markets NFTs (non-fungible tokens). US court blocks Penguin merger with rival publisher. Pursuant to the Agreement, Vinco merged with and into the Company with the resultant new Company name being Vinco. 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. These statements can be identified by the fact that they do not relate strictly to historic or current facts. 31, it has just .
Press Releases :: Vinco Ventures, Inc. (BBIG) The upbeat risk tone on Wall Street indices failed once again to offer any respite to BBIG stock. Although the company believes that the expectations reflected in the forward-looking statements are reasonable, the company cannot guarantee future results, performance, or achievements. With a current follower network of over 350+ million, we are poised to revolutionize the next generation of video distribution," said Brian McFadden, Chief Strategy Officer of Zash. swriters disclose this fact and warn readers of the risks. It is a short-form video platform, similar to TikTok.
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. 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 . For more information, please view Vincosinvestor presentationor visitInvestors.vincoventures.com. For additional information about Lomotif Private Limited, please visit Lomotifs website atwww.lomotif.com. 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. With the partnerships ZASH has in place and has planned, said Yang, were a natural fit. Copyright Lastly, and more importantly, we dont know how much revenue LoMo and/or Zash Global Media make. Heres everything potential investors need to know about the company and its upcoming merger plans. Investors .
BBIG Stock News: Vinco Ventures Inc sheds another 5% but - FXStreet 24, Vinco Ventures said it would spin out Emmersive Entertainment to its shareholders as a standalone public company.
Vinco Ventures (BBIG) and ZASH Complete Acquisition of Lomotif By Ruchi Gupta Jun. 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. The market does not want to provide a huge valuation to a company that may be burning through $100 million a month or a quarter. Heres what you should know about Vinco Ventures and its stock moving forward. 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. The average session volume is about 18.5million. Not an offer or recommendation by Stocktwits. Mr. McFaddens company has been successful in launching several direct-to-consumer products for both internal concepts as well as Fortune 500 companies. The number ranges from 0 to 100, with higher numbers indicating . The trading volume for Monday's premarketsession had already exceeded 30 million at publication time. ZASH. 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 . The deal will close in Q3 of this year, but the record date is not yet set. "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. Yangs bold vision is to build the worlds largest video vocabulary to accelerate the worlds transition to video-first expression. That is why they did a reverse merger with BBIG stock. Innovate. On the date of publication, Mark Hake did not have (either directly or indirectly) any positions in the securities mentioned in this article. Strategy: Buy. 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. Hopefully, more of this will become clearer once the company releases its upcoming 10-Q filing and associated press release. RT=Real-Time, EOD=End of Day, PD=Previous Day. All rights reserved. Jun 24, 2021, 08:30 ET. Q. Forward-Looking Statements and Disclaimers. Lomotif is a TikTok rival based out of Singapore.
Vinco Ventures, Inc. (BBIG) Latest Press Releases & Corporate News Article printed from InvestorPlace Media, https://investorplace.com/2021/07/bbig-stock-has-closed-deal-with-lomotif-but-details-end-there/. ZASH believes that Lomotif is one of the fastest growing video-sharing social networking platforms in its category over the last three years and in Asia, Europe and South America, Lomotif has increased its average monthly community by over 400 percent in this time span. But dont count on that until August sometime. Such brands are ripe for consolidation, and Vinco will seek to lead the effort to consolidate those brands. Aug. 30, 2021, 09:01 AM. 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/). Ms. Argall currently owns and operates a successful social media network of influencers, content creators and celebrities. Wednesday September, 15th marks an important date for Vinco Ventures shareholders. Palladium Capital Group, LLC served as advisor to Vinco, on the capital raise to fund the transaction. About ZASH Global Media and Entertainment Corporation. BBIG stock was down 7.5% as of Tuesday morning. 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,. Once the reverse merger closes, for all intents and purposes, Vinco Ventures will be the public parent company of Lomotif. 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. The . 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 opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. So investors are left with an extremely confusing reverse merger deal that has numerable potentially dilutive securities and tranches outstanding. The reduction in physical shelf space and the global pandemic have exponentially increased the change in consumer behavior to favor purchasing online. 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. Having accumulated decades of collective experience across a variety of fields, our leadership team is the source of our success. Terms of Use. Once identified, we scale while maintaining conversions for success. Vinco Ventures Inc. SEC filings breakout by MarketWatch. The ZASH team is managed by a group of smart, if not somewhat brazen, consummate disrupters. 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 company is also highly leveraged, holding over $8 million in debt on their books.
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. Thats because these penny stocks are frequently the playground for scam artists and market manipulators. Vinco Ventures Issues Letter to Shareholders Highlighting Value-Enhancing Strategy. Market Data copyright 2023 QuoteMedia. COVID-19 has created both opportunity and a considerable amount of uncertainty across many markets including the sourcing and sale of Personal Protective Equipment.
Vinco Ventures Stock (NASDAQ:BBIG), Quotes and News Summary 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 . Vinco Ventures, Inc. (BBIG) is a selective acquisitions company focused on digital media and content technologies. Mr. McFadden has been integral in the creation of several cellular communications patents in previous business experience. He was the founder of MoviePass, a subscription service for weekly movie-going that eventually failed. strategy will seek out acquisition opportunities that are poised for scale and grow said acquisitions through targeted traffic and content campaigns. Vinco Ventures, Inc.
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. On the date of publication, Mark Hake did not have (either directly or indirectly) any positions in the securities mentioned in this article. A copy of the letter also appears on the Company's website and is disclosed . Our strategy is seeking out acquisition opportunities that are poised for scale and will BE BIG.
Vinco Ventures, Inc. Announces Update on Lomotif and ZASH Global Media For more information visit Investors.vincoventures.com. Delayed Nasdaq 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. T: 866-900-0992
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. 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.
This means that if the stock rises over $4.00, BBIG can raise an additional $130.8 million. Plus500. Vinco Ventures, Inc. (BBIG) is a selective acquisitions company focused on digital media and content technologies. 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. -, 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). That is about the same as its cash per share (after $10 million in deal expenses). ", 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. Vinco Ventures stock skyrocketed over 300% on Thursday amid news of a merger with Zash. Ms. Argall was able to expand her network after adapting to Facebooks ever-changing platform from blog +article monetization to video monetization. I highly suspect that the Farnsworth people will have to raise more capital to keep LoMo running. Stay informed and receive company updates straight to your inbox. The following updates have been provided. For example, in Q1 Vincos cash flow from operations was a loss of $4.14 million, according to Page 8 of its latest 10-Q filing.
Vinco Ventures, Inc. Announces Update on Lomotif and ZASH Global Media GDC Stock Alert: Why Is GD Culture Group Up 700% Today?
Edison Nation : announces the closing of a Merger Agreement with Vinco If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand thatInvestorPlace.comswriters disclose this fact and warn readers of the risks. CCV portfolio Lomotif has been acquired by ZVV Media, a joint venture of ZASH Global Media and Entertainment Corporation ("ZASH"), and Vinco Ventures (NASDAQ: BBIG ). "The Company's proprietary Influencer Platform led to over 2 billion video views within a 30-day period. Thats because these penny stocks are frequently the playground for scam artists and market manipulators. Nasdaq The specific attributes of the target companies will evolve with the market, but the core focus will remain digital media and consumer product companies. Mr. McFadden currently operates a consulting company focused on business development in the digital direct to consumer space. 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.
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. Ms. Argallstarted her career in social media monetization by building blogs for celebrities,having grown her network on Facebook to over 150 million fans with clients from Adalia Rose, BamMargeraand Joy of Mom. ZASH believes its management team has an exceptional and unparalleled ability to pivot because their knowledge and experience is steadfast and unyielding. Investment bank BTIG represented ZASH on the buy side of the transaction. Apr 20, 2023 Vinco Ventures Executive Chairman Rod Vanderbilt Issues Letter to Shareholders Apr 17, 2023 VINCO VENTURES SEES MORE THAN 30% INCREASE IN DAILY REVENUE FROM BETA TEST OF NEW AND EXCLUSIVE USER-GENERATED CONTENT PLATFORM Mar 13, 2023 Ban of TikTok in United States Mar 2, 2023 Nasdaq staff determination. 2023 InvestorPlace Media, LLC. Vinco Ventures Inc (BBIG) Stock Price Today, News, Quotes, FAQs and Fundamentals 3rd Party Ad. Forward-Looking Statements and Disclaimers. 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,. 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. BBIG stock should benefit from the Lomotif news and other catalysts. Laurie Argall, VP of Branding and Media Content. Trading volume for Vinco Ventures jumped to a record 59.9 million on Thursday.
TIKTOK AND KUAISHOU RIVAL, LOMOTIF, SELLS TO ZASH :: Vinco Ventures Altogether, this deal will allow the company to cover its losses and expand its business. GDC Stock Alert: Why Is GD Culture Group Up 700% Today?
Mergers and acquisitions - BBC News It subsequently raised $100 million in cash. Updated Guidance for 2020 for Edison Nation and Edison Nation Medical and PPE performance. With substantial experience in the live shopping and digital commerce space, Mr. McFadden brings with him a wealth of industry knowledge and contacts. 1125 N. Charles St, Baltimore, MD 21201. Jim is a partner at Enter-Sports Management, a full-service agency for professional athletes with offices in Philadelphia, Atlanta, Fort Lauderdale and Charlotte. quotes delayed at least 15 minutes, all others at least 20 minutes. 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.
strategy will seek out acquisition opportunities that allow for generating digital traffic that will allow for growth and profitability. Adding to this is news today that ZASH plans to acquire a majority stake in. Mark Hake writes about personal finance onmrhake.medium.comand runs theTotal Yield Value Guidewhich you can reviewhere. Innovate.
Edison Nation, Inc. announces the closing of a Merger However, the total number of shares that will be outstanding then is not easily determined yet. Shares of Vinco Ventures skyrocketed over 300% on Thursday after the company announced a deal to merge with digital media company Zash. View the BBIG U.S. Securities and Exchange Commission reporting information. Grow.) BBIG remains one of the most shorted stocks in the. Vinco is poised to leverage the new market opportunity by utilizing their B.I.G. By significantly improving both the traffic volume and the conversion metrics, the brands will more easily scale and innovate around the products that are most successful.
Vinco Ventures, Inc. (BBIG) Latest Stock News & Headlines - Yahoo Finance Scotland business. Innovate Leverage the internal traffic platforms of Honey Badger and Social Pulse Media, our brands are able to quickly innovate and determine the highest conversion traffic and target accordingly.