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. US court blocks Penguin merger with rival publisher. 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. 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. Forward-Looking Statements and Disclaimers. BBIG Price Action: Vinco Ventures has traded as low as $1.11 over a 52-week period. 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. 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
Edison Nation : announces the closing of a Merger Agreement with Vinco 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. 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. 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 . Zash is a digital media company focused on creating a "virtual Hollywood" for influencers and content creators. 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. Stay informed and receive company updates straight to your inbox. Buy - Acquisitions is our model. See disclosure here. 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. On May 25, Vinco Ventures released its first-quarter earnings report. Zash also includes two other media figures, including an early investor in TikTok and Triller Jaeson Ma and social monetization expert Vincent Butta. Innovate. But there isnt enough financial clarity to properly value BBIG stock. The stock price for Vinco Ventures ( NASDAQ: BBIG) is $ 0.2339 last updated Today at April 25, 2023 at 8:00 PM UTC. The problem we have is it is difficult to calculate the exact number of shares outstanding right now. 2023 InvestorPlace Media, LLC. Cooley LLP represented Lomotif in the transaction. 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. 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. What LoMo brings to the table in this regard is completely unknown. Grow - More targeted traffic equals more conversions. Copyright BBIG stock was down 7.5% as of Tuesday morning. BBIG stock should benefit from the Lomotif news and other catalysts. For additional information about ZASH Global Media and Entertainment Corporation, please visit ZASHs website atwww.zash.global. Sign up for our newsletter to get the inside scoop on what traders are talking about delivered daily to your inbox. 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. 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. All told, you can look to see BBIG stock move higher as the merger and spinoff close. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that. "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. Subject to regulatory and exchange approvals.
Vinco Ventures Will Get a Boost from Its Upcoming Merger and Spinoff Grow.) 31, it has just $5.5 million in cash and $1.68 million in receivables and is also running steep cash flow losses. quotes delayed at least 15 minutes, all others at least 20 minutes. 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. So it is very difficult to determine the total dilutive number of shares outstanding. That could leave the stock significantly undervalued. Another problem is that there is no disclosure of this third-party valuation.
BBIG Stock: 10 Things to Know About TikTok Rival Vinco Ventures Amid Lomotif Platform is One of the Top Worldwide Social Video-Sharing Apps TodayDefinitive Agreement Gives ZASH Majority Controlling Interest. For more information, please view our investor presentation or visit Investors.vincoventures.com. Zash aims to build a "virtual Hollywood" with its proprietary platform where it can help influencers and content creators expand their brands. Finance, the cash represents 74.1% of its market value. These statements can be identified by the fact that they do not relate strictly to historic or current facts. The platform is fun and engaging and its features are unique and innovative.
BBIG Stock News: Vinco Ventures Inc tanks ahead of Cryptyde - FXStreet Article printed from InvestorPlace Media, https://investorplace.com/2021/07/bbig-stock-has-closed-deal-with-lomotif-but-details-end-there/. Forward-Looking Statements and Disclaimers. 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. Since BBIG stock has a market cap of just $134.91 million, according to Yahoo! Wednesday September, 15th marks an important date for Vinco Ventures shareholders. In addition, the combined company plans on acquiring another company called Lomotif through a joint venture that Vinco and Zash have formed pre-merger. It is a short-form video platform, similar to TikTok. Vinco Ventures Inc. SEC filings breakout by MarketWatch. 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.
Mergers and acquisitions - BBC News The social media sharing service has a focus on videos with more than 10 billion user-generated clips. 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. Copyright 2023 Surperformance. Vinco Ventures, Inc.
quotes delayed at least 15 minutes, all others at least 20 minutes. A. 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. 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 . 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. Terms of Use. Additionally, as of Mar. Nasdaq As the third step in our business, its the result of proper execution of our acquisition strategy and efficient innovation.
Is Vinco Ventures (BBIG) Stock a Buy Before the Zash Merger? 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. Then, on Jun.
Back in February, Farnsworth and Ma took a controlling stake in Lomotif. With the partnerships ZASH has in place and has planned, said Yang, were a natural fit. Thats because these penny stocks are frequently the playground for scam artists and market manipulators. 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 (BBIG) Stock Price Today, News, Quotes, FAQs and Fundamentals 3rd Party Ad. Vincos B.I.G. Vinco Ventures Leverages Joint Venture to Pursue Lomotif Acquisition in Advance of ZASH Global Media and Entertainment Merger. On the date of publication, Mark Hake did not have (either directly or indirectly) any positions in the securities mentioned in this article. ET Forward-Looking Statements and Disclaimers. April 24, 2023 Upcoming Events View IR Calendar Annual Meeting of Stockholders Apr 27, 2023 10:00am EDT Email Alerts CCV is the first. By Ruchi Gupta Jun. Jim Ulrich is an NFL and MLB-Certified Agent and sports law attorney with more than two decades of experience representing elite professional athletes. The following updates have been provided. 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. For more information visit Investors.vincoventures.com. Strategy: Buy.
ZASH And Vinco Ventures Reposition Management Teams Across All ZASH Vinco Ventures, Inc. (NASDAQ: BBIG) is a mergers and acquisition company focused on digital commerce and consumer brands. Moreover, Farnsworth and his partner Ma control Lomotif. Innovate. 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. "The Company's proprietary Influencer Platform led to over 2 billion video views within a 30-day period. James Ulrich, Esq. Vinco Ventures (NASDAQ:BBIG) announced on July 23 it had closed the merger with a TikTok-like company called Lomotif. 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. 9 Dec 2022. The deal will close in Q3 of this year, but the record date is not yet set. 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, LLC (collectively referred to as Vinco). This means that if the stock rises over $4.00, BBIG can raise an additional $130.8 million. Lomotif is the leading video-sharing social networking platform that is democratizing video creation. Forward-Looking Statements and Disclaimers. 1 Nov 2022. It subsequently raised $100 million in cash. Market Activity CLOSE Market Activity Stocks Options Funds + ETFs Indexes.
Vinco Ventures Stock (NASDAQ:BBIG), Quotes and News Summary Jim is a partner at Enter-Sports Management, a full-service agency for professional athletes with offices in Philadelphia, Atlanta, Fort Lauderdale and Charlotte. Tier 1 brand acquisitions generate $20M+ in top line revenue.
Vinco Ventures (BBIG) Is In Midst Of Experiencing Multiple Squeezes 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. Right now the company has 27.935 million shares outstanding, according to its last 10-Q. "The unique monetization model for our global ecosystem of platforms really differentiates ZASH. The company emphasized that it planned on closing the merger with Zash Global Media. Vinco Ventures, Inc. (BBIG) is a selective acquisitions company focused on digital media and content technologies. today announced an update to the ZASH Global Media and Entertainment (ZASH) merger and Lomotif acquisition. Vinco Ventures was the toptrending stock on Stocktwits at publication time. Scotland business. 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.
Read More:Penny Stocks How to Profit Without Getting Scammed. Vinco Ventures (BBIG) stock is in focus as investors try to assess its prospects before the Zash merger and amid a unit spin-off. Nasdaq The company is also highly leveraged, holding over $8 million in debt on their books. 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. (Buy. (Buy. 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 . Investor Relations:Aimee CarrollPhone: 866-900-0992Email: Investors@vincoventures.com, Vinco and ZASH intend to acquire Lomotif Private Limited (. Mark Hake writes about personal finance onmrhake.medium.comand runs theTotal Yield Value Guidewhich you can reviewhere. Innovate.
Vinco Ventures, Inc. (BBIG) Latest Stock News & Headlines - Yahoo Finance Thank you for time and support as a shareholder in Vinco. Vinco Ventures Leverages Joint Venture to Pursue Lomotif Acquisition in Advance of ZASH Global Media and Entertainment Merger. That would still represent 60.9% of its market cap. ZASH. So far, the agreement hasnt yet closed, but hopes are that it will be approved sometime in July. 86% of retail CFD accounts lose money, Dear BBIG Stock Fans, Mark Your Calendars for April 27. The capital raise deal was a convertible note that can convert into 30 million shares at $4.00. On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. 1 MarketScreener is worth more than 1000 Influencers! 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.
Press Releases :: Vinco Ventures, Inc. (BBIG) Vinco Ventures Issues Letter to Shareholders Highlighting Value-Enhancing Strategy. (Buy.
The ZASH team is managed by a group of smart, if not somewhat brazen, consummate disrupters. We have also included a link to the new investor presentation for your review and consideration. This means its market cap, if there are still only 27.935 million shares outstanding, is only $91.6 million. 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. 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. Vinco Ventures Inc (NASDAQ:BBIG) is continuing to surgehigher Monday morning on abnormally high volume amid increasing interest in the stock from retail traders. 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. Jun 24, 2021, 08:30 ET. Yangs bold vision is to build the worlds largest video vocabulary to accelerate the worlds transition to video-first expression. Trading volume for Vinco Ventures jumped to a record 59.9 million on Thursday. 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. It has $100 million in cash (not including any prior cash). GDC Stock Alert: Why Is GD Culture Group Up 700% Today? 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. Nasdaq T: 866-900-0992
GDC Stock Alert: Why Is GD Culture Group Up 700% Today? swriters disclose this fact and warn readers of the risks. Innovate. Lomotif is a TikTok rival based out of Singapore. 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. Vinco trades at around $6.40 per share, giving the company a market cap of some $92 million. Bethlehem, PA and Singapore, Feb. 23, 2021 (GLOBE NEWSWIRE) -- Vinco Ventures, Inc. (NASDAQ:BBIG)ZASH Global Media and Entertainment Corporation (ZASH), the entertainment industry disrupter led by co-founders Ted Farnsworth, financier and former MoviePass Chairman, early Musical.ly (now TikTok) investor Jaeson Ma, and early Triller visionary and board member, Vincent Butta, has entered into a definitive agreement to acquire a majority controlling interest in Lomotif Private Limited (Lomotif), the Singapore-based top video-sharing social networking platform and budding rival to TikTok, and Kuaishou (1024.HK on the Hong Kong Stock Exchange). 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. 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. It was also on the press release for the merger closing. For more information, please view Vincosinvestor presentationor visitInvestors.vincoventures.com. 500 Linden Oaks Suite 300 Rochester, NY 14625
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. Market Data powered by QuoteMedia. A copy of the letter also appears on the Company's website and is disclosed . 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. 4, the joint venture that Vinco formed with Zash Global Media invested $2 million into Lomotif. That is why they did a reverse merger with BBIG stock. 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. Stay up to speed with hot stocks' news! ASTS Stock Alert: Why Is AST SpaceMobile Up Today? Innovate. 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,. Vinco Ventures, Inc. (BBIG) is a selective acquisitions company focused on digital media and content technologies.