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 . things in 2021. Vinco Ventures (BBIG) and ZASH Complete Acquisition of Lomotif Mark Hake writes about personal finance onmrhake.medium.comand runs theTotal Yield Value Guidewhich you can reviewhere. Nominated as a Board Member. 86% of retail CFD accounts lose money, Dear BBIG Stock Fans, Mark Your Calendars for April 27. 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. 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. By Ruchi Gupta Jun. 500 Linden Oaks Suite 300 Rochester, NY 14625 25 2021, Published 11:47 a.m. 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. With the partnerships ZASH has in place and has planned, said Yang, were a natural fit. Investor Relations:Aimee CarrollPhone: 866-900-0992Email: Investors@vincoventures.com, Vinco and ZASH intend to acquire Lomotif Private Limited (. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. Vinco Ventures, Inc. Announces Update on Lomotif and ZASH Global Media For example, in Q1 Vincos cash flow from operations was a loss of $4.14 million, according to Page 8 of its latest 10-Q filing. Zash uses its analytics and distribution technology to ensure as many eyes as possible are on its partners' content. Updated Guidance for 2020 for Edison Nation and Edison Nation Medical and PPE performance. On the date of publication, Mark Hake did not have (either directly or indirectly) any positions in the securities mentioned in this article. Vinco Ventures stock skyrocketed over 300% on Thursday amid news of a merger with Zash. The company would also have $230.8 million in cash, before about $10 million in expenses, or $220.8 million. Vinco Ventures (NASDAQ: BBIG) announced on July 23 it had closed the merger with a TikTok-like company called Lomotif. Sausage-skin maker agrees to 540m takeover. Source: Postmodern Studio / Shutterstock.com, 5 Hypergrowth Stocks With 10X Potential in 2023, need to know about the company and its upcoming merger plans, 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, Ideanomics (IDEX) Stock Surges 90% Ahead of Possible Delisting, Stock Market Crash Alert: Mark Your Calendars for May 3, QS Stock Alert: QuantumScape Shares New Details on Commercial Timeline. 1125 N. Charles St, Baltimore, MD 21201. 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). 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. This is the proxy record date for when shareholders will need to own BBIG . 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. 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. Forward-Looking Statements and Disclaimers. Then, on Jun. 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. 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. Innovate. swriters disclose this fact and warn readers of the risks. Article printed from InvestorPlace Media, https://investorplace.com/2021/07/bbig-stock-will-get-boost-upcoming-merger-spinoff/. Although ZASH believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, performance, or achievements. "The Company's proprietary Influencer Platform led to over 2 billion video views within a 30-day period. 1125 N. Charles St, Baltimore, MD 21201. Vinco Ventures Has Closed Its Deal With Lomotif But the Details End There. The closing of the Lomotif acquisition is subject to certain customary conditions to closing as described in the definitive acquisition agreement. 24, Vinco Ventures said it would spin out Emmersive Entertainment to its shareholders as a standalone public company. 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. Vinco Ventures, Inc. (BBIG) Latest Press Releases & Corporate News It claims to have over 31 million monthly active users (MAUs). BBIG Stock News: Vinco Ventures Inc sheds another 5% but - FXStreet Stay informed and receive company updates straight to your inbox. today announced an update to the ZASH Global Media and Entertainment (ZASH) merger and Lomotif acquisition. The problem we have is it is difficult to calculate the exact number of shares outstanding right now. James Ulrich, Esq. Ms. Argall currently owns and operates a successful social media network of influencers, content creators and celebrities. Its total installs surpass 225 million across the world and the app is available in more than 200 countries and 300 languages. 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. Is Vinco Ventures (BBIG) Stock a Buy Before the Zash Merger? This is likely based on Lomotif, which will change its name to LoMo soon. Heres what you should know about Vinco Ventures and its stock moving forward. 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. Read More:Penny Stocks How to Profit Without Getting Scammed. Vinco Ventures Wants to Beat TikTok at Its Own Game | Nasdaq Skip to main content Logo-halfwhite Created with Sketch. So, they appear to have milked $2 million out of Vinco Ventures in advance of the merger. Thank you for time and support as a shareholder in Vinco. 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. This will have ZASH becoming a publicly-traded company as the majority shareholder of BBIG stock. Through Lomotif, Vinco is poised to become one of the top global, pure-play video-sharing social networking platforms to be owned by a U.S. publicly traded company, competing with TikTok and. ZASH believes its management team has an exceptional and unparalleled ability to pivot because their knowledge and experience is steadfast and unyielding. 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. Certain statements in this announcement are forward-looking statements which are based on the Companys expectations, intentions and projections regarding the Companys future performance, anticipated events or trends and other matters that are not historical facts, including expectations regarding: (i) the Companys long-term targets, goals and strategies; (ii) the expected benefits of the Companys focus on digital monetization; (iii) the future impact of the preemptive actions the Company took in response to the COVID-19 pandemic coupled with its cash flow generation and balance sheet and liquidity profile; (iv) the Companys strategies for each of its segments, including its focus on recurring revenue, its balance sheet and variable cost structure, and the opportunities in the industries the Company serves; (v) the Companys positioning for future growth and its ability to optimize performance of existing businesses, pursue its disciplined acquisition strategy and effectively manage its capital structure; (vi) the fragmentation of the markets in which the Company operates, the acquisition opportunities in those markets, the Companys intent to continue to explore opportunistic acquisitions and the Companys capacity to absorb additional acquisitions; (vii) certain expected 2020 financial results, including the Companys updated guidance for 2020, the assumptions it made and the drivers contributing to its guidance; (viii) the Companys flexibility to capitalize on the current environment and invest in potential strategic opportunities; and (ix) the impacts of the COVID-19 pandemic on the future operating and financial performance of the Company and its customers, the Companys plans and strategies to adapt and respond to the pandemic and the expected impact of those plans and strategies. By coupling these two principles together we scale quickly and profitably. 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. That entity creates and markets NFTs (non-fungible tokens). Lomotif is one of five partners selected by Snapchat for a bi-directional integration for posting stories between the two platforms. Strategy: Buy. (Buy. Grow.) 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. 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 . Vinco Ventures Issues Letter to Shareholders Highlighting Value Merger target ZASH is set to acquire TikTok rival Lomotif. Vinco Ventures (BBIG) Is In Midst Of Experiencing Multiple Squeezes View the BBIG U.S. Securities and Exchange Commission reporting information. The company emphasized that it planned on closing the merger with Zash Global Media. 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 Market Data copyright 2023 QuoteMedia. With substantial experience in the live shopping and digital commerce space, Mr. McFadden brings with him a wealth of industry knowledge and contacts. Zash aims to build a "virtual Hollywood" with its proprietary platform where it can help influencers and content creators expand their brands. 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/. 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. 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. In addition, the company has done many warrant deals and issued many internal shares. 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. GDC Stock Alert: Why Is GD Culture Group Up 700% Today? The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines. 2023 InvestorPlace Media, LLC. Vinco Ventures, formerly known as Xspand Products Lab, is a mergers and acquisitions company that focuses on the digital media and e-commerce space. Vinco Ventures, Inc. (BBIG) Announces Filing of Form 10 Registration Acquisitions are our model. BBIG Stock News: Vinco Ventures Inc tanks ahead of Cryptyde - FXStreet Pursuant to the Agreement, Vinco merged with and into the Company with the resultant new Company name being Vinco. "The unique monetization model for our global ecosystem of platforms really differentiates ZASH. "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. Market Data powered by QuoteMedia. Mark Hake writes about personal finance onmrhake.medium.comand runs theTotal Yield Value Guidewhich you can reviewhere. It's wise to avoid BBIG stock, as Vinco Ventures is invested in an app with heavy competition from famous brands. This was after the joint venture received the $2 million investment. Once the reverse merger closes, for all intents and purposes, Vinco Ventures will be the public parent company of Lomotif. Vinco Ventures, Inc. (BBIG) is a selective acquisitions company focused on digital media and content technologies. That could leave the stock significantly undervalued. It was also on the press release for the merger closing. Grow. 2023 InvestorPlace Media, LLC. Innovate. ", 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. For one, this joint venture with Vinco Ventures prior to the reverse merger allows shareholders in BBIG stock to participate in its growth. On the date of publication, Mark Hake did not have (either directly or indirectly) any positions in the securities mentioned in this article. Lastly, and more importantly, we dont know how much revenue LoMo and/or Zash Global Media make. Nasdaq The company emphasized that it planned on closing the merger with Zash Global Media. Vinco Ventures (BBIG) has been one of the most explosive stocks over the last 3 weeks, rising from about $2 to over $12 at its recent high. Vinco Ventures: Social Networking Powerhouse In The Making 2023 InvestorPlace Media, LLC. 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. About ZASH Global Media and Entertainment Corporation. However, the total number of shares that will be outstanding then is not easily determined yet. quotes delayed at least 15 minutes, all others at least 20 minutes. strategy will seek out acquisition opportunities that allow for generating digital traffic that will allow for growth and profitability. (Buy. BBIG | Vinco Ventures Inc. SEC Filings | MarketWatch Vinco Ventures Inc (NASDAQ:BBIG) is continuing to surgehigher Monday morning on abnormally high volume amid increasing interest in the stock from retail traders. Shares of Vinco Ventures skyrocketed over 300% on Thursday after the company announced a deal to merge with digital media company Zash. The scoring model uses a combination of short interest, float, short borrow fee rates, and other metrics. 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. It was among the top five most-mentioned stocks on the subreddit r/wallstreetbets over the last 24 hours. 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. The Short Squeeze Score is the result of a sophisticated, multi-factor quantitative model that identifies companies that have the highest risk of experiencing a short squeeze. By clicking Sign up, you agree to receive marketing emails from Insider 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. Nasdaq Back in January, it announced a reverse merger with a private media company called Zash Global Media. 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 . 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. ZASH. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. It has $100 million in cash (not including any prior cash). 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. While we were initially excited regarding the confirmed orders that we received, we have realized that the supply side of the industry is unable to keep up with the current global demand. 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. Press Releases :: Vinco Ventures, Inc. (BBIG) GDC Stock Alert: Why Is GD Culture Group Up 700% Today? SYRACUSE, N.Y., April 25, 2023 (GLOBE NEWSWIRE) -- Vinco Ventures, Inc. (Nasdaq Capital Market: BBIG), a technology company specializing in converting content to digital and social platforms . But dont count on that until August sometime. Vincos B.I.G. Wednesday September, 15th marks an important date for Vinco Ventures shareholders. Copyright So far, the agreement hasnt yet closed, but hopes are that it will be approved sometime in July. In addition, on Jun. Vinco trades at around $6.40 per share, giving the company a market cap of some $92 million. Why Vinco Ventures Stock Is Surging Higher Again Today the parties intend to issue a formal proxy to the Vinco shareholders for the approval of the ZASH merger with Vinco on or before July 15, 2021. 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. Vinco Ventures stock skyrocketed over 300% on Thursday amid news of a merger with Zash. 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. On May 25, Vinco Ventures released its first-quarter earnings report. Palladium Capital Group, LLC served as advisor to Vinco, on the capital raise to fund the transaction. 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. That could help boost BBIG stock especially if it leads to a new cash raise. 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. 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. All rights reserved. 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. Article printed from InvestorPlace Media, https://investorplace.com/2021/07/bbig-stock-has-closed-deal-with-lomotif-but-details-end-there/. But there isnt enough financial clarity to properly value BBIG stock. 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. 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. Vinco Ventures, Inc. (BBIG) is a selective acquisitions company focused on digital media and content technologies. It subsequently raised $100 million in cash. Jim is a partner at Enter-Sports Management, a full-service agency for professional athletes with offices in Philadelphia, Atlanta, Fort Lauderdale and Charlotte. Vincos B.I.G. Sign up for our newsletter to get the inside scoop on what traders are talking about delivered daily to your inbox. Vinco Ventures is trending across social media platforms as traders discussthe stock'spotential as a short squeeze candidate. Hopefully, more of this will become clearer once the company releases its upcoming 10-Q filing and associated press release. Vinco Ventures, Inc. Reports Financial Results for the
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