Q. The co-founders of ZASH behind this deal are former. So it is very difficult to determine the total dilutive number of shares outstanding. Additionally, a serial entrepreneur Brian will assist in identifying and targeting our acquisitions to ensure for long term growth and scale. Grow. Sausage-skin maker agrees to 540m takeover. This press release contains forward-looking statements within the meaning of federal securities laws. The specific attributes of the target companies will evolve with the market, but the core focus will remain digital media and consumer product companies. Vinco Ventures confirmed to Benzinga that the current float size is about 40 million shares. But there isnt enough financial clarity to properly value BBIG stock. Plus, the company is still looking for a chief executive. 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 opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. Note: The revenue guidance above does not include sales related to the Cloud B brand as currently those assets are being negotiated for sale and further the estimated revenue related to PPE supplies are anticipated to be recognized on a net revenue basis without including the costs of the shipped products. 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. Additionally, as of Mar. 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. 31, it has just . Exclusive and perpetual license agreement for the use of the Honey Badger Media portal and its process for branding and content development of media properties in exchange for 750,000 shares of restricted common stock of the company. 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,. 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. The shares of Vinco Ventures lost 5% but managed to defend the $6 mark at the close. Grow. So, they appear to have milked $2 million out of Vinco Ventures in advance of the merger. ZASH And Vinco Ventures Reposition Management Teams Across All ZASH 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. Thats because these penny stocks are frequently the playground for scam artists and market manipulators. Vinco Ventures, Inc. (BBIG) Latest Stock News & Headlines - Yahoo Finance 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. All rights reserved. things in 2021. Innovate. Having accumulated decades of collective experience across a variety of fields, our leadership team is the source of our success. They may be more interested in buying shares for themselves or for those that understand the underlying value before it becomes more well known. Lomotif is one of five partners selected by Snapchat for a bi-directional integration for posting stories between the two platforms. ZASH is providing this information as of the date of this release and does not undertake any obligation to update any forward-looking statements contained in this release as a result of new information, future events, or otherwise. The closing of the Lomotif acquisition is subject to certain customary conditions to . By coupling these two principles together we scale quickly and profitably. Vinco Ventures, Inc. Announces Update on Lomotif and ZASH Global Media About ZASH Global Media and Entertainment Corporation. GDC Stock Alert: Why Is GD Culture Group Up 700% Today? Investor Relations :: Vinco Ventures, Inc. (BBIG) Edison Nation : announces the closing of a Merger Agreement with Vinco I have found in the past that companies that clearly announce how many shares are presently outstanding fare better. 9 Dec 2022. That could leave the stock significantly undervalued. Vinco Ventures: Social Networking Powerhouse In The Making Although ZASH believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, performance, or achievements. 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. 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. When the merger between Vinco Ventures and ZASH closes, this will have Lomotif owned by a public company in the U.S. Strategy: Buy. 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. quotes delayed at least 15 minutes, all others at least 20 minutes. Vinco Ventures skyrockets over 300% after inking merger deal with Zash The closing of the Lomotif acquisition is subject to certain customary conditions to closing as described in the definitive acquisition agreement. 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's wise to avoid BBIG stock, as Vinco Ventures is invested in an app with heavy competition from famous brands. It subsequently raised $100 million in cash. It claims the LoMo deal value is $5 billion, but there is hardly any financial info to confirm this. 1 Nov 2022. BETHLEHEM, Pa., June 24, 2021 /PRNewswire/ -- Vinco Ventures, Inc. (NASDAQ: BBIG) a leader in selective acquisitions leveraging new market opportunities by utilizing . Jim Ulrich is an NFL and MLB-Certified Agent and sports law attorney with more than two decades of experience representing elite professional athletes. Vinco Ventures (BBIG) and ZASH Complete Acquisition of Lomotif Not an offer or recommendation by Stocktwits. Vinco Ventures Leverages Joint Venture to Pursue Lomotif Acquisition in Advance of ZASH Global Media and Entertainment Merger. 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. 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. Nasdaq It claims to have over 31 million monthly active users (MAUs). Lastly, and more importantly, we dont know how much revenue LoMo and/or Zash Global Media make. Copyright As the third step in our business, its the result of proper execution of our acquisition strategy and efficient innovation. Stay up to speed with hot stocks' news! Access your favorite topics in a personalized feed while you're on the go. Investment bank BTIG represented ZASH on the buy side of the transaction. For more information, please view Vincosinvestor presentationor visitInvestors.vincoventures.com. In addition, the. Innovate. Such information are based upon beliefs of, and information currently available to, ZASH management as well as estimates and assumptions made by ZASHs management. For Vinco Ventures, the ZASH deal represents a new opportunity to get out of the hole financially. ", 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. Another problem is that there is no disclosure of this third-party valuation. Its total installs surpass 225 million across the world and the app is available in more than 200 countries and 300 languages. Grow. today announced an update to the ZASH Global Media and Entertainment (ZASH) merger and Lomotif acquisition. 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. For more information visit Investors.vincoventures.com. Mr. McFaddens company has been successful in launching several direct-to-consumer products for both internal concepts as well as Fortune 500 companies. 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. 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. Nasdaq as well as other partner offers and accept our, 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, 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, Registration on or use of this site constitutes acceptance of our. (Buy. We have also included a link to the new investor presentation for your review and consideration. The company emphasized that it planned on closing the merger with Zash Global Media. Vinco Ventures (NASDAQ:BBIG) is a product research and development, manufacturing, sales and fulfillment company that runs large losses. Vinco Ventures, Inc. Announces Update on Lomotif and ZASH Global Media Vinco Ventures (BBIG) Is In Midst Of Experiencing Multiple Squeezes 20 Million unique Sessions of unpaid traffic in one day to a directed page, 150 Million Unique visitors to owned/controlled domains a month, Generated traffic for brands ranging from travel, CBD, Credit Repair, skin cream, mens health, wrinkle cream, diet, muscle building. quotes delayed at least 15 minutes, all others at least 20 minutes. However, the total number of shares that will be outstanding then is not easily determined yet. Vinco Ventures Will Get a Boost from Its Upcoming Merger and - Insider Vinco Ventures Issues Letter to Shareholders Highlighting Value-Enhancing Strategy. Vinco Ventures Inc (NASDAQ:BBIG) is continuing to surgehigher Monday morning on abnormally high volume amid increasing interest in the stock from retail traders. Read More:Penny Stocks How to Profit Without Getting Scammed. Scotland business. Right now the company has 27.935 million shares outstanding, according to its last 10-Q. For additional information about Lomotif Private Limited, please visit Lomotifs website atwww.lomotif.com. Subject to regulatory and exchange approvals. Vinco Ventures stock skyrocketed over 300% on Thursday amid news of a merger with Zash. Given these risks and uncertainties, prospective investors are cautioned not to place undue reliance on forward-looking statements. We look forward to a new beginning and B.I.G. 25 2021, Published 11:47 a.m. By Ruchi Gupta Jun. 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. Heres everything potential investors need to know about the company and its upcoming merger plans. The ZASH team is managed by a group of smart, if not somewhat brazen, consummate disrupters. 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. This means that if the stock rises over $4.00, BBIG can raise an additional $130.8 million. Copyright 2023 Surperformance. Vincos B.I.G. Feb 27, 2023 Innovate. On the date of publication, Mark Hake did not have (either directly or indirectly) any positions in the securities mentioned in this article. 1125 N. Charles St, Baltimore, MD 21201. This is the proxy record date for when shareholders will need to own BBIG . Vinco Ventures Stock (NASDAQ:BBIG), Quotes and News Summary By clicking Sign up, you agree to receive marketing emails from Insider Innovate. 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. For more information, please view our investor presentation or visit Investors.vincoventures.com. 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 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. BBIG - Short Interest - Vinco Ventures Inc Stock - Short Squeeze This company is seen as a possible rival to TikTok. Mark Hake writes about personal finance onmrhake.medium.comand runs theTotal Yield Value Guidewhich you can reviewhere. 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. The capital raise deal was a convertible note that can convert into 30 million shares at $4.00. It subsequently raised $100 million in cash. Zash is a digital media company focused on creating a "virtual Hollywood" for influencers and content creators. For one, this joint venture with Vinco Ventures prior to the reverse merger allows shareholders in BBIG stock to participate in its growth.
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