On the date of publication, Mark Hake did not have (either directly or indirectly) any positions in the securities mentioned in this article. Although the company believes that the expectations reflected in the forward-looking statements are reasonable, the company cannot guarantee future results, performance, or achievements. The platform is fun and engaging and its features are unique and innovative. Forward-Looking Statements and Disclaimers. Yangs bold vision is to build the worlds largest video vocabulary to accelerate the worlds transition to video-first expression. 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. Vinco Ventures Inc (BBIG) Stock Price Today, News, Quotes, FAQs and Forward-Looking Statements and Disclaimers. 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 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. Back in February, Farnsworth and Ma took a controlling stake in Lomotif. Although ZASH believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, performance, or achievements. The reduction in physical shelf space and the global pandemic have exponentially increased the change in consumer behavior to favor purchasing online. 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. strategy will seek out acquisition opportunities that are poised for scale and grow said acquisitions through targeted traffic and content campaigns. 1125 N. Charles St, Baltimore, MD 21201. 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 the company or the companys management identify forward-looking statements. 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. 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. 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. Vinco Ventures Inc (NASDAQ:BBIG) is continuing to surgehigher Monday morning on abnormally high volume amid increasing interest in the stock from retail traders. Innovate. Thats because these penny stocks are frequently the playground for scam artists and market manipulators. Sausage-skin maker agrees to 540m takeover. Palladium Capital Group, LLC served as advisor to Vinco, on the capital raise to fund the transaction. We look forward to a new beginning and B.I.G. Vinco Ventures, Inc. (BBIG) Latest Stock News & Headlines - Yahoo Finance 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. Nasdaq These forward-looking statements include statements regarding the potential business synergies resulting from ZASHs acquisition of Lomotif and ZASHs proposed merger with Vinco, the potential market for ZASHs and Lomotifs product offerings, customer adoption and use of the Lomotif platform, and the ability of ZASH to monetize product offerings, including the Lomotif platform. See Also: EXCLUSIVE: Vinco Ventures Merger Partner ZASH Global Media Is Building Content, Gearing Up For Merger. For more information visit Investors.vincoventures.com. The company would also have $230.8 million in cash, before about $10 million in expenses, or $220.8 million. All forward-looking statements are qualified in their entirety by this cautionary statement. We have also included a link to the new investor presentation for your review and consideration. 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. However, BBIG stock is languishing around $3.28. So far, the agreement hasnt yet closed, but hopes are that it will be approved sometime in July. Vinco Ventures stock skyrocketed over 300% on Thursday amid news of a merger with Zash. Its total installs surpass 225 million across the world and the app is available in more than 200 countries and 300 languages. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. BBIG Stock News: Vinco Ventures Inc tanks ahead of Cryptyde - FXStreet 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. According to the company's most recent SEC filings, Vinco lost $0.30 per share in the third quarter of 2020 on revenues of just $4.2 million. FAIRPORT, NY., Nov. 08, 2021 (GLOBE NEWSWIRE) -- November 8, 2021, Vinco Ventures, Inc. (NASDAQ: BBIG) ("Vinco") today announced the filing of a Form 10 registration statement with the. 25 2021, Published 11:47 a.m. For one, this joint venture with Vinco Ventures prior to the reverse merger allows shareholders in BBIG stock to participate in its growth. Vinco Ventures Inc (BBIG) Stock Price Today, News, Quotes, FAQs and Fundamentals 3rd Party Ad. Updated Guidance for 2020 for Edison Nation and Edison Nation Medical and PPE performance. Adding to this is news today that ZASH plans to acquire a majority stake in. 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. Subject to regulatory and exchange approvals. Why Vinco Ventures Stock Is Surging Higher Again Today Nasdaq Vincos B.I.G. Additionally, a serial entrepreneur Brian will assist in identifying and targeting our acquisitions to ensure for long term growth and scale. Vinco Ventures Has Closed Its Deal With Lomotif But the Details End There. quotes delayed at least 15 minutes, all others at least 20 minutes. Forward-looking statements speak only as of the date of such statements and, except as required by applicable law, the Company does not undertake any obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise. Stay informed and receive company updates straight to your inbox. Vinco Ventures, Inc. Reports Financial Results for the Trading volume for Vinco Ventures jumped to a record 59.9 million on Thursday. 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. That is why they did a reverse merger with BBIG stock. 500 Linden Oaks Suite 300 Rochester, NY 14625 Since BBIG stock has a market cap of just $134.91 million, according to Yahoo! I have found in the past that companies that clearly announce how many shares are presently outstanding fare better. 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 And Vinco Ventures Reposition Management Teams Across All ZASH 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. Zash uses its analytics and distribution technology to ensure as many eyes as possible are on its partners' content. By Ruchi Gupta Jun. The company emphasized that it planned on closing the merger with Zash Global Media. Business. Vinco Ventures, Inc. (BBIG) is a selective acquisitions company focused on digital media and content technologies. The problem we have is it is difficult to calculate the exact number of shares outstanding right now. 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. What LoMo brings to the table in this regard is completely unknown. BETHLEHEM, Pa., June 24, 2021 /PRNewswire/ -- Vinco Ventures, Inc. (NASDAQ: BBIG) a leader in selective acquisitions leveraging new market opportunities by utilizing . 2023 InvestorPlace Media, LLC. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges). Scotland business. Innovate. 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. Ted Farnsworth, the chairman and co-founder of ZASH Global Media and Entertainment, which merged with Vinco Ventures, said this to Benzinga on July 26. Investor Relations: Aimee Carroll Phone: (866) 536-0943 Email: Investors@vincoventures.com, 2020 GlobeNewswire, Inc., source Press Releases. Now, BBIG stock also seems to be dependent on the closing of this merger. 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. Having accumulated decades of collective experience across a variety of fields, our leadership team is the source of our success. Innovate. This is the proxy record date for when shareholders will need to own BBIG . With a current follower network of over 350+ million, we are poised to revolutionize the next generation of video distribution," said Brian McFadden, Chief Strategy Officer of Zash. All rights reserved. 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 investors are left with an extremely confusing reverse merger deal that has numerable potentially dilutive securities and tranches outstanding. 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. 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. 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. The stock was up57.20% at $8.32 at publication time. In addition, the. 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. By clicking Sign up, you agree to receive marketing emails from Insider (Buy. This was after the joint venture received the $2 million investment. The closing of the Lomotif acquisition is subject to certain customary conditions to closing as described in the definitive acquisition agreement. Sign up for our newsletter to get the inside scoop on what traders are talking about delivered daily to your inbox. Buy - Acquisitions is our model. BBIG stock should benefit from the Lomotif news and other catalysts. Zash Global Media is the brainchild of the media disrupter and financier Ted Farnsworth. Vinco Ventures, Inc. Announces Update on Lomotif and ZASH Global Media 86% of retail CFD accounts lose money, Dear BBIG Stock Fans, Mark Your Calendars for April 27. Vinco Ventures Inc. SEC filings breakout by MarketWatch. 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 Issues Letter to Shareholders Highlighting Value This will have ZASH becoming a publicly-traded company as the majority shareholder of BBIG stock. 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. Once the reverse merger closes, for all intents and purposes, Vinco Ventures will be the public parent company of Lomotif. The capital raise deal was a convertible note that can convert into 30 million shares at $4.00. Copyright 2023 Surperformance. 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. Feb 27, 2023 A copy of the letter also appears on the Company's website and is disclosed . It was also on the press release for the merger closing. BBIG Price Action: Vinco Ventures has traded as low as $1.11 over a 52-week period. Tier 1 brand acquisitions generate $20M+ in top line revenue. But there isnt enough financial clarity to properly value BBIG stock. 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. Ms. Argall currently owns and operates a successful social media network of influencers, content creators and celebrities. Many consumer product brands are struggling with this reality and have failed to focus on the importance of the digital shelf. Forward-Looking Statements and Disclaimers. Thats because these penny stocks are frequently the playground for scam artists and market manipulators. The merger between Vinco Ventures and ZASH, as well as ZASH acquiring Lomotif, is set to take place at the same time. 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. To make matters even more confusing, the company claims a third-party valuation puts the value of Lomotif at $5 billion. BBIG stock was down 7.5% as of Tuesday morning. 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. It claims the LoMo deal value is $5 billion, but there is hardly any financial info to confirm this. "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. Zash also includes two other media figures, including an early investor in TikTok and Triller Jaeson Ma and social monetization expert Vincent Butta. Until then, investors can follow the math that I described above. 1125 N. Charles St, Baltimore, MD 21201. So, they appear to have milked $2 million out of Vinco Ventures in advance of the merger. April 24, 2023 Upcoming Events View IR Calendar Annual Meeting of Stockholders Apr 27, 2023 10:00am EDT Email Alerts 1 MarketScreener is worth more than 1000 Influencers! 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. However, the problem here is that theres been very little information provided about the benefits of the upcoming merger with Zash Global Media. 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.

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