Strategy: Buy. 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. 86% of retail CFD accounts lose money, Dear BBIG Stock Fans, Mark Your Calendars for April 27. quotes delayed at least 15 minutes, all others at least 20 minutes. This means that if the stock rises over $4.00, BBIG can raise an additional $130.8 million. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. Wednesday September, 15th marks an important date for Vinco Ventures shareholders. today announced an update to the ZASH Global Media and Entertainment (ZASH) merger and Lomotif acquisition. So it is very difficult to determine the total dilutive number of shares outstanding. Innovate. Vinco Ventures, Inc. (NASDAQ: BBIG) is a mergers and acquisition company focused on digital commerce and consumer brands. 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. Access your favorite topics in a personalized feed while you're on the go. The closing of the Lomotif acquisition is subject to certain customary conditions to closing as described in the definitive acquisition agreement. Mr. McFaddens company has been successful in launching several direct-to-consumer products for both internal concepts as well as Fortune 500 companies. Mark Hake writes about personal finance onmrhake.medium.comand runs theTotal Yield Value Guidewhich you can reviewhere. Is Vinco Ventures (BBIG) Stock a Buy Before the Zash Merger? Investor Relations :: Vinco Ventures, Inc. (BBIG) I believe the majority of insider owners of Vinco Ventures probably know this point. 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 . Sign up for email alerts to receive company updates including press releases, filings and special announcements straight to your inbox. Sausage-skin maker agrees to 540m takeover. Market Activity CLOSE Market Activity Stocks Options Funds + ETFs Indexes. 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. 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. 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. Nominated as a Board Member. 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. 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. Forward-Looking Statements and Disclaimers. Such brands are ripe for consolidation, and Vinco will seek to lead the effort to consolidate those brands. The deal will close in Q3 of this year, but the record date is not yet set. 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. I highly suspect that the Farnsworth people will have to raise more capital to keep LoMo running. Vinco Ventures Leverages Joint Venture to Pursue Lomotif Acquisition in Advance of ZASH Global Media and Entertainment Merger. The ZASH team is managed by a group of smart, if not somewhat brazen, consummate disrupters. For more information visit Investors.vincoventures.com. This is likely based on Lomotif, which will change its name to LoMo soon. On May 25, Vinco Ventures released its first-quarter earnings report. The company emphasized that it planned on closing the merger with Zash Global Media. Innovate. Vinco Ventures Will Get a Boost from Its Upcoming Merger and Spinoff Additionally, a serial entrepreneur Brian will assist in identifying and targeting our acquisitions to ensure for long term growth and scale. Since BBIG stock has a market cap of just $134.91 million, according to Yahoo! 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. Vinco Ventures Wants to Beat TikTok at Its Own Game | Nasdaq Its total installs surpass 225 million across the world and the app is available in more than 200 countries and 300 languages. 1125 N. Charles St, Baltimore, MD 21201. On May 25, Vinco Ventures released its first-quarter earnings report. The following additional data further shows the Lomotif platforms dominant, global user traction and reach that ZASH believes demonstrates massive untapped value and Lomotifs potential growth: Lomotif Founder and Chief Executive Officer, Paul Yang, will continue to lead Lomotif upon completion of the acquisition. They may be more interested in buying shares for themselves or for those that understand the underlying value before it becomes more well known. Strategy: Buy. With substantial experience in the live shopping and digital commerce space, Mr. McFadden brings with him a wealth of industry knowledge and contacts. 31, it has. Vinco Ventures, Inc. Reports Financial Results for the Except as required by applicable law, including the security laws of the United States, the company does not intend to update any of the forward-looking statements to conform these statements to actual results. We will seek to acquire significant brands to continue to add to the Portfolio. It has $100 million in cash (not including any prior cash). 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. See Also: EXCLUSIVE: Vinco Ventures Merger Partner ZASH Global Media Is Building Content, Gearing Up For Merger. Innovate. In effect, Zash will become the controlling company, although it will retain the Vinco Ventures name and the BBIG stock symbol. Then, on Jun. See disclosure here. 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. Our strategy is seeking out acquisition opportunities that are poised for scale and will BE BIG. Vinco Ventures (NASDAQ: BBIG) announced on July 23 it had closed the merger with a TikTok-like company called Lomotif. Zash is a digital media company focused on creating a "virtual Hollywood" for influencers and content creators. 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 Vinco target brand acquisitions will be segmented into 3 Tiers: INNOVATE: The core brands for Vinco will leverage the digital traffic platforms of Pop Nation and Honey Badger. 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. 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 ). Strategy: Buy. Feb 27, 2023 Vinco Ventures, Inc. : Notice of Delisting or Failure to Satisfy a Continued Listing Rule .. Vinco Ventures, Inc. Copyright 2023 Surperformance. Grow. Updated Guidance for 2020 for Edison Nation and Edison Nation Medical and PPE performance. "The Company's proprietary Influencer Platform led to over 2 billion video views within a 30-day period. There were conflicting reports on Friday in regard to the share float size. ", 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. Subject to regulatory and exchange approvals. (Buy. 4, the joint venture that Vinco formed with Zash Global Media invested $2 million into Lomotif. The stock price for Vinco Ventures ( NASDAQ: BBIG) is $ 0.2339 last updated Today at April 25, 2023 at 8:00 PM UTC. Vinco Ventures, Inc. Announces Update on Lomotif and ZASH Global Media ET 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. Right now the company has 27.935 million shares outstanding, according to its last 10-Q. Vinco Ventures Inc (NASDAQ:BBIG) is continuing to surgehigher Monday morning on abnormally high volume amid increasing interest in the stock from retail traders. Although the company believes that the expectations reflected in the forward-looking statements are reasonable, the company cannot guarantee future results, performance, or achievements. Delayed Nasdaq Pursuant to the Agreement, Vinco merged with and into the Company with the resultant new Company name being Vinco. He was the founder of MoviePass, a subscription service for weekly movie-going that eventually failed. 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. GDC Stock Alert: Why Is GD Culture Group Up 700% Today? 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