It claims to have over 31 million monthly active users (MAUs). Not an offer or recommendation by Stocktwits. Investor Relations: Aimee Carroll Phone: (866) 536-0943 Email: Investors@vincoventures.com, 2020 GlobeNewswire, Inc., source Press Releases. With the partnerships ZASH has in place and has planned, said Yang, were a natural fit. Vinco Ventures is trending across social media platforms as traders discussthe stock'spotential as a short squeeze candidate. Lomotif Platform is One of the Top Worldwide Social Video-Sharing Apps TodayDefinitive Agreement Gives ZASH Majority Controlling Interest. Jim is a partner at Enter-Sports Management, a full-service agency for professional athletes with offices in Philadelphia, Atlanta, Fort Lauderdale and Charlotte. Ms. Argall was able to expand her network after adapting to Facebooks ever-changing platform from blog +article monetization to video monetization. ZASH Global Media and Entertainment Corporation is an evolving network of synergetic companies working together to disrupt the media and entertainment industry as we know it today. The upbeat risk tone on Wall Street indices failed once again to offer any respite to BBIG stock. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. But once the stock rises over $4.00, most of its warrants can be exercised by the owners and the company will receive additional cash. It is a short-form video platform, similar to TikTok. For additional information about ZASH Global Media and Entertainment Corporation, please visit ZASHs website atwww.zash.global. Investment bank BTIG represented ZASH on the buy side of the transaction. All rights reserved. 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. 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. 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. Grow. 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. Copyright Nasdaq 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. By clicking Sign up, you agree to receive marketing emails from Insider Vinco Ventures (NASDAQ: BBIG) announced on July 23 it had closed the merger with a TikTok-like company called Lomotif. Vinco Ventures Has Closed Its Deal With Lomotif But the Details End There 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. Vincos B.I.G. 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 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,. The company emphasized that it planned on closing the merger with Zash Global Media. Right now the company has 27.935 million shares outstanding, according to its last 10-Q. Many consumer product brands are struggling with this reality and have failed to focus on the importance of the digital shelf. 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. Plus, the company is still looking for a chief executive. 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. It subsequently raised $100 million in cash. US court blocks Penguin merger with rival publisher. 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 ZASH team is managed by a group of smart, if not somewhat brazen, consummate disrupters. As the third step in our business, its the result of proper execution of our acquisition strategy and efficient innovation. 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. Its total installs surpass 225 million across the world and the app is available in more than 200 countries and 300 languages. Heres everything potential investors need to know about the company and its upcoming merger plans. It subsequently raised $100 million in cash. See disclosure here. Vinco Ventures (BBIG) and ZASH Complete Acquisition of Lomotif BBIG Vinco Ventures Inc 70,736 Watch $0.1832 $0.0164 (9.83%) Today $0.18 0.0021 (1.15%) After Hours Market Cap $45.61M Volume (M) 6.81M 52-Wk High $2.35 52-Wk Low $0.15 About Feed All told, you can look to see BBIG stock move higher as the merger and spinoff close. GDC Stock Alert: Why Is GD Culture Group Up 700% Today? BBIG Stock: 10 Things to Know About TikTok Rival Vinco Ventures Amid Vinco Ventures, Inc. (BBIG) is a selective acquisitions company focused on digital media and content technologies. That could help boost BBIG stock especially if it leads to a new cash raise. The company emphasized that it planned on closing the merger with Zash Global Media. This will have ZASH becoming a publicly-traded company as the majority shareholder of BBIG stock. He was the founder of MoviePass, a subscription service for weekly movie-going that eventually failed. Such statements and the other forward-looking statements in this press release reflect the current view of ZASH with respect to future events and are subject to risks, uncertainties, assumptions and other factors relating to ZASH and Lomotifs industries, operations and results of operations and any businesses that may be acquired by ZASH. Lomotif is a TikTok rival based out of Singapore. Zash aims to build a "virtual Hollywood" with its proprietary platform where it can help influencers and content creators expand their brands. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. Vinco Ventures, Inc. (BBIG) is a selective acquisitions company focused on digital media and content technologies. But there isnt enough financial clarity to properly value BBIG stock. Grow. 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 is likely based on Lomotif, which will change its name to LoMo soon. 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. ASTS Stock Alert: Why Is AST SpaceMobile Up Today? Sign up for email alerts to receive company updates including press releases, filings and special announcements straight to your inbox. 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. Article printed from InvestorPlace Media, https://investorplace.com/2021/02/bbig-stock-10-things-to-know-about-tiktok-rival-vinco-ventures-amid-the-merger-news/. Mergers and acquisitions - BBC News Vinco Ventures, Inc. (NASDAQ: BBIG) is a mergers and acquisition company focused on digital commerce and consumer brands. Vinco Ventures Inc (BBIG) Stock Price Today, News, Quotes, FAQs and There were conflicting reports on Friday in regard to the share float size. 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. It claims the LoMo deal value is $5 billion, but there is hardly any financial info to confirm this. 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. All forward-looking statements are qualified in their entirety by this cautionary statement. 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. (Buy. 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. A copy of the letter also appears on the Company's website and is disclosed . 31, it has just $5.5 million in cash and $1.68 million in receivables and is also running steep cash flow losses. Vinco Ventures Inc. SEC filings breakout by MarketWatch. Shares of Vinco Ventures skyrocketed over 300% on Thursday after the company announced a deal to merge with digital media company Zash. These statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, including: (i) economic conditions, competition and other risks that may affect the Companys future performance, including the impacts of the COVID-19 pandemic on the Companys business, markets, supply chain, customers and workforce, on the credit and financial markets, on the alignment of expenses and revenues and on the global economy generally; (ii) the ability to recognize the anticipated benefits of the Companys acquisitions, including its ability to successfully integrate and make necessary capital investments to support additional acquisitions, and the Companys ability to take advantage of strategic opportunities; (iii) changes in applicable laws or regulations; (iv) the possibility that the Company may be adversely affected by other economic, business, and/or competitive factors; and (v) other risks and uncertainties. Plus500. Vinco Ventures Issues Letter to Shareholders Highlighting Value However, the total number of shares that will be outstanding then is not easily determined yet. For more information, please view Vincosinvestor presentationor visitInvestors.vincoventures.com. Zash uses its analytics and distribution technology to ensure as many eyes as possible are on its partners' content. Back in January, it announced a reverse merger with a private media company called Zash Global Media. Since BBIG stock has a market cap of just $134.91 million, according to Yahoo! 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 . ZASH And Vinco Ventures Reposition Management Teams Across All ZASH On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. Merger target ZASH is set to acquire TikTok rival Lomotif. quotes delayed at least 15 minutes, all others at least 20 minutes. 86% of retail CFD accounts lose money, Dear BBIG Stock Fans, Mark Your Calendars for April 27. The number ranges from 0 to 100, with higher numbers indicating . Having accumulated decades of collective experience across a variety of fields, our leadership team is the source of our success. 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. So investors are left with an extremely confusing reverse merger deal that has numerable potentially dilutive securities and tranches outstanding. Additionally, as of Mar. Strategy: Buy. News / Events :: Vinco Ventures, Inc. (BBIG) News / Events Recent News View All News Vinco Ventures Issues Letter to Shareholders Highlighting Value-Enhancing Strategy April 25, 2023 Nasdaq staff determination. Vinco Ventures skyrockets over 300% after inking merger deal with Zash 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. The closing of the Lomotif acquisition is subject to certain customary conditions to closing as described in the definitive acquisition agreement. 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. Lomotif is one of five partners selected by Snapchat for a bi-directional integration for posting stories between the two platforms. Altogether, this deal will allow the company to cover its losses and expand its business. 2023 InvestorPlace Media, LLC. Subject to regulatory and exchange approvals. Hopefully, more of this will become clearer once the company releases its upcoming 10-Q filing and associated press release. On May 25, Vinco Ventures released its first-quarter earnings report. Announces Executive Changes, Vinco Ventures, Inc. Appoints James Robertson as Chief Executive Officer, Vinco Ventures, Inc. Appoints Chris Polimeni as CFO, Vinco Ventures Executive Chairman Rod Vanderbilt Issues Letter to Shareholders, Chairman, President & Chief Executive Officer, The registered traffic domains related to Honey Badger Media in exchange for the payment of three hundred thousand dollars (. Vinco Ventures, Inc. (BBIG) Latest Press Releases & Corporate News Jim Ulrich is an NFL and MLB-Certified Agent and sports law attorney with more than two decades of experience representing elite professional athletes. These statements can be identified by the fact that they do not relate strictly to historic or current facts. Access your favorite topics in a personalized feed while you're on the go. Grow - More targeted traffic equals more conversions. 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. Additionally, we will provide separate detail revenue and margin guidance for all PPE and non PPE business going forward. BBIG remains one of the most shorted stocks in the. Vinco Ventures Will Get a Boost from Its Upcoming Merger and - Insider 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.
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