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. 1125 N. Charles St, Baltimore, MD 21201. 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. ZASH believes its management team has an exceptional and unparalleled ability to pivot because their knowledge and experience is steadfast and unyielding. On May 25, Vinco Ventures released its first-quarter earnings report. This is likely based on Lomotif, which will change its name to LoMo soon. Strategy: Buy. ASTS Stock Alert: Why Is AST SpaceMobile Up Today? 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 . Vinco Ventures stock skyrocketed over 300% on Thursday amid news of a merger with Zash. Vinco Ventures, formerly known as Xspand Products Lab, is a mergers and acquisitions company that focuses on the digital media and e-commerce space. In addition, the. Innovate. The following updates have been provided. Forward-Looking Statements and Disclaimers. Stay informed and receive company updates straight to your inbox. 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. 1125 N. Charles St, Baltimore, MD 21201. Zash Global Media is the brainchild of the media disrupter and financier Ted Farnsworth. Lomotif is one of five partners selected by Snapchat for a bi-directional integration for posting stories between the two platforms. investors@vincoventures.com, Vinco Ventures, Inc., Investor Relations T: +1-866-900-0992 investors@vincoventures.com, Nevada Agency and Transfer Company Tiffany Baxter 50 W. Liberty Street Suite 880 Reno, NV 89501 T: +1-775-322-0626. The company would also have $230.8 million in cash, before about $10 million in expenses, or $220.8 million. Copyright These statements can be identified by the fact that they do not relate strictly to historic or current facts. 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. 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. 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). 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. That could leave the stock significantly undervalued. The company is also highly leveraged, holding over $8 million in debt on their books. BBIG Stock News: Vinco Ventures Inc sheds another 5% but - FXStreet So far, the agreement hasnt yet closed, but hopes are that it will be approved sometime in July. 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. By Ruchi Gupta Jun. For Vinco Ventures, the ZASH deal represents a new opportunity to get out of the hole financially. BBIG Stock News: Vinco Ventures Inc tanks ahead of Cryptyde - FXStreet Article printed from InvestorPlace Media, https://investorplace.com/2021/07/bbig-stock-will-get-boost-upcoming-merger-spinoff/. Vinco Ventures confirmed to Benzinga that the current float size is about 40 million shares. With substantial experience in the live shopping and digital commerce space, Mr. McFadden brings with him a wealth of industry knowledge and contacts. Vinco Ventures (BBIG) Is In Midst Of Experiencing Multiple Squeezes On May 25, Vinco Ventures released its first-quarter earnings report. Edison Nation, Inc. announces the closing of a Merger This company is seen as a possible rival to TikTok. Vinco Ventures Leverages Joint Venture to Pursue Lomotif Acquisition in Advance of ZASH Global Media and Entertainment Merger. It claims to have over 31 million monthly active users (MAUs). That entity creates and markets NFTs (non-fungible tokens). 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,. However, the problem here is that theres been very little information provided about the benefits of the upcoming merger with Zash Global Media. Such information are based upon beliefs of, and information currently available to, ZASH management as well as estimates and assumptions made by ZASHs management. Vinco Ventures stock skyrocketed over 300% on Thursday amid news of a merger with Zash. Grow. 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. 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. As an attorney specializing in sports law, Jim handles all aspects of his clients legal needs, such as immigration, litigation, and matters involving both NFL and MLB Collective Bargaining Agreements. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. 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. See disclosure here. So it is very difficult to determine the total dilutive number of shares outstanding. Vinco Ventures, Inc. Announces Update on Lomotif and ZASH Global Media All rights reserved. With our internal engines, we are able to expedite growth of our acquired brands to reach their target numbers quicker. 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:Aimee CarrollPhone: 866-900-0992Email: Investors@vincoventures.com, Vinco and ZASH intend to acquire Lomotif Private Limited (. Vinco Ventures, Inc. (BBIG) Announces Filing of Form 10 Registration By clicking Sign up, you agree to receive marketing emails from Insider 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.
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