Grow - More targeted traffic equals more conversions. BBIG Price Action: Vinco Ventures has traded as low as $1.11 over a 52-week period. Vincos B.I.G. Strategy of one acquisition per Quarter: $17M. Mark Hake writes about personal finance onmrhake.medium.comand runs theTotal Yield Value Guidewhich you can reviewhere. Strategy: Buy. BUY: Vinco will seek to acquire one significant brand per quarter commencing with the acquisition of Honey Badger Media, the media technology platform acquisition announced today. The market does not want to provide a huge valuation to a company that may be burning through $100 million a month or a quarter. 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. Vinco Ventures (NASDAQ:BBIG) announced on July 23 it had closed the merger with a TikTok-like company called Lomotif. 25 2021, Published 11:47 a.m. Merger target ZASH is set to acquire TikTok rival Lomotif. What LoMo brings to the table in this regard is completely unknown. swriters disclose this fact and warn readers of the risks. 1125 N. Charles St, Baltimore, MD 21201. For more information visit Investors.vincoventures.com. The co-founders of ZASH behind this deal are former. These statements can be identified by the fact that they do not relate strictly to historic or current facts. Vinco Ventures Inc. SEC filings breakout by MarketWatch. Since BBIG stock has a. The stock price for Vinco Ventures ( NASDAQ: BBIG) is $ 0.2339 last updated Today at April 25, 2023 at 8:00 PM UTC. 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. I have found in the past that companies that clearly announce how many shares are presently outstanding fare better. Vinco Ventures Issues Letter to Shareholders Highlighting Value-Enhancing Strategy, VINCO VENTURES BOARD APPROVES NEW EXECUTIVE LEADERSHIP TEAM NAMING JAMES ROBERTSON CEO & PRESIDENT AND CHRIS POLIMENI CFO & COO, Vinco Ventures Executive Chairman Rod Vanderbilt Issues Letter to Shareholders, VINCO VENTURES SEES MORE THAN 30% INCREASE IN DAILY REVENUE FROM BETA TEST OF NEW AND EXCLUSIVE USER-GENERATED CONTENT PLATFORM, UPDATE ON FILING OF QUARTERLY REPORTS ON FORM 10-Q FOR THE QUARTERS ENDED JUNE 30, 2022 AND SEPTEMBER 30 2022, VVIP VENTURES ANNOUNCES MULTI-YEAR SYNDICATION AGREEMENT WITH A360 MEDIA. Plus, the company is still looking for a chief executive. For more information, please view Vincosinvestor presentationor visitInvestors.vincoventures.com. 9 Dec 2022. Our strategy is seeking out acquisition opportunities that are poised for scale and will BE BIG. Shares of Vinco Ventures skyrocketed over 300% on Thursday after the company announced a deal to merge with digital media company Zash. 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. Vinco Ventures Issues Letter to Shareholders Highlighting Value-Enhancing Strategy. 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,. Trading volume for Vinco Ventures jumped to a record 59.9 million on Thursday. It was also on the press release for the merger closing. (Buy. Vinco Ventures was the toptrending stock on Stocktwits at publication time. Forward-Looking Statements and Disclaimers. In addition, it also issued a warrant for 32.697548 million shares with an exercise price of $4.00. "The Company's proprietary Influencer Platform led to over 2 billion video views within a 30-day period. 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. The average session volume is about 18.5million. Zash uses its analytics and distribution technology to ensure as many eyes as possible are on its partners' content. Lastly, and more importantly, we dont know how much revenue LoMo and/or Zash Global Media make. 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. All forward-looking statements are qualified in their entirety by this cautionary statement. 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 company would also have $230.8 million in cash, before about $10 million in expenses, or $220.8 million. Vinco Ventures Has Closed Its Deal With Lomotif But the Details End There. Mark Hake writes about personal finance onmrhake.medium.comand runs theTotal Yield Value Guidewhich you can reviewhere. 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. Feb 27, 2023 Scotland business. Grow.) Additionally, as of Mar. Once identified, we scale while maintaining conversions for success. Lomotif, available in the Apple and Google stores, is a breakthrough downloadable app for hip hop, rap, and urban culture across the United States and Latin America. today announced an update to the ZASH Global Media and Entertainment (ZASH) merger and Lomotif acquisition. Strategy: Buy. Another problem is that there is no disclosure of this third-party valuation. Vinco Ventures confirmed to Benzinga that the current float size is about 40 million shares. 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. 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 . 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. Nasdaq Hopefully, more of this will become clearer once the company releases its upcoming 10-Q filing and associated press release. All told, you can look to see BBIG stock move higher as the merger and spinoff close. Altogether, this deal will allow the company to cover its losses and expand its business. 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. That may allow the company to raise additional capital and help fund its growth. 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. See Also: EXCLUSIVE: Vinco Ventures Merger Partner ZASH Global Media Is Building Content, Gearing Up For Merger. By clicking Sign up, you agree to receive marketing emails from Insider All rights reserved. ZASH believes its management team has an exceptional and unparalleled ability to pivot because their knowledge and experience is steadfast and unyielding. Lomotif is the leading video-sharing social networking platform that is democratizing video creation. Laurie Argall, VP of Branding and Media Content. 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. 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. It is now set to merge with Zash, a media, entertainment, and content-focused technology company led by co-founders Ted Farnsworth, Jaeson Ma, and Vincent Butta. 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. We will seek to acquire significant brands to continue to add to the Portfolio. So it is very difficult to determine the total dilutive number of shares outstanding. Lomotif is one of five partners selected by Snapchat for a bi-directional integration for posting stories between the two platforms. Business. BBIG stock was down 7.5% as of Tuesday morning. Read More:Penny Stocks How to Profit Without Getting Scammed. Nasdaq Sign up for our newsletter to get the inside scoop on what traders are talking about delivered daily to your inbox. When the merger between Vinco Ventures and ZASH closes, this will have Lomotif owned by a public company in the U.S. BBIG stock was down 7.5% as of Tuesday morning. 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. 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. 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. Innovate. 500 Linden Oaks Suite 300 Rochester, NY 14625 Innovate. (Buy. (Buy. Until then, investors can follow the math that I described above. With substantial experience in the live shopping and digital commerce space, Mr. McFadden brings with him a wealth of industry knowledge and contacts. 24, Vinco Ventures said it would spin out Emmersive Entertainment to its shareholders as a standalone public company. Vinco Ventures stock skyrocketed over 300% on Thursday amid news of a merger with Zash. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that. Lomotif is a TikTok rival based out of Singapore. COVID-19 has created both opportunity and a considerable amount of uncertainty across many markets including the sourcing and sale of Personal Protective Equipment. Market Data copyright 2023 QuoteMedia. Such information are based upon beliefs of, and information currently available to, ZASH management as well as estimates and assumptions made by ZASHs management. 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 ). 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. Palladium Capital Group, LLC served as advisor to Vinco, on the capital raise to fund the transaction. Additionally, as of Mar. 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. However, the total number of shares that will be outstanding then is not easily determined yet. Access your favorite topics in a personalized feed while you're on the go. Forward-Looking Statements and Disclaimers. Grow.) James Ulrich, Esq. It has $100 million in cash (not including any prior cash). Such brands are ripe for consolidation, and Vinco will seek to lead the effort to consolidate those brands. I believe the majority of insider owners of Vinco Ventures probably know this point. 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. 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. "The unique monetization model for our global ecosystem of platforms really differentiates ZASH. For more information, please view our investor presentation or visit Investors.vincoventures.com. As the third step in our business, its the result of proper execution of our acquisition strategy and efficient innovation. Heres everything potential investors need to know about the company and its upcoming merger plans. today announced an update to the ZASH Global Media and Entertainment (ZASH) merger and Lomotif acquisition. 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. Right now the company has 27.935 million shares outstanding, according to its last 10-Q. Stay up to speed with hot stocks' news! On the date of publication, Mark Hake did not have (either directly or indirectly) any positions in the securities mentioned in this article. However, BBIG stock is languishing around $3.28. 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. Now, BBIG stock also seems to be dependent on the closing of this merger. On the date of publication, Mark Hake did not have (either directly or indirectly) any positions in the securities mentioned in this article. When the merger between Vinco Ventures and ZASH closes, this will have Lomotif owned by a public company in the U.S. Investment bank BTIG represented ZASH on the buy side of the transaction. The . Copyright Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges). Ms. Argall currently owns and operates a successful social media network of influencers, content creators and celebrities. Innovate. 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. While we still remain confident in our confirmed demand and ability to supply the products required, we have taken a different approach moving forward due to the uncertainty of timing of production and transportation which has caused the additional time added to our initial guidance. 2023 InvestorPlace Media, LLC. Aug. 30, 2021, 09:01 AM. In effect, Zash will become the controlling company, although it will retain the Vinco Ventures name and the BBIG stock symbol. To make matters even more confusing, the company claims a third-party valuation puts the value of Lomotif at $5 billion. BETHLEHEM, Pa., June 24, 2021 /PRNewswire/ -- Vinco Ventures, Inc. (NASDAQ: BBIG) a leader in selective acquisitions leveraging new market opportunities by utilizing . In addition, the. GDC Stock Alert: Why Is GD Culture Group Up 700% Today? For additional information about ZASH Global Media and Entertainment Corporation, please visit ZASHs website atwww.zash.global. Vinco Ventures Inc (NASDAQ:BBIG) is continuing to surgehigher Monday morning on abnormally high volume amid increasing interest in the stock from retail traders. Vinco Ventures, Inc. leverages the new market opportunity by utilizing their B.I.G. All rights reserved. That entity creates and markets NFTs (non-fungible tokens). quotes delayed at least 15 minutes, all others at least 20 minutes. 1 MarketScreener is worth more than 1000 Influencers! Zash aims to build a "virtual Hollywood" with its proprietary platform where it can help influencers and content creators expand their brands. 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. 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. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. 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. I highly suspect that the Farnsworth people will have to raise more capital to keep LoMo running. Vincos B.I.G. The number ranges from 0 to 100, with higher numbers indicating . ZASH will focus Lomotif on an advertising model going forward, as well as other means of monetization over the next several months., Lomotif is a global platform with tremendous following in Asia and Latin America and together with ZASH, it will replicate that success in the US and other markets, said Jaeson Ma. strategy will seek out acquisition opportunities that are poised for scale and grow said acquisitions through targeted traffic and content campaigns. Additionally, we will provide separate detail revenue and margin guidance for all PPE and non PPE business going forward. 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. Grow. 1125 N. Charles St, Baltimore, MD 21201. 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. 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 This will have ZASH becoming a publicly-traded company as the majority shareholder of BBIG stock. 31, it has just $5.5 million in cash and $1.68 million in receivables and is also running steep cash flow losses. 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. T: 866-900-0992 Vinco Ventures Wants to Beat TikTok at Its Own Game | Nasdaq Skip to main content Logo-halfwhite Created with Sketch. On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. 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. Tier 1 brand acquisitions generate $20M+ in top line revenue. Back in February, Farnsworth and Ma took a controlling stake in Lomotif. Its total installs surpass 225 million across the world and the app is available in more than 200 countries and 300 languages. The ZASH team is managed by a group of smart, if not somewhat brazen, consummate disrupters. 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 stock skyrocketed over 300% on Thursday amid news of a merger with Zash. Not an offer or recommendation by Stocktwits. 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. BBIG remains one of the most shorted stocks in the. 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. Vinco Ventures, formerly known as Xspand Products Lab, is a mergers and acquisitions company that focuses on the digital media and e-commerce space. The merger between Vinco Ventures and ZASH, as well as ZASH acquiring Lomotif, is set to take place at the same time. 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. 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, LLC (collectively referred to as 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. 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. See disclosure here. With our internal engines, we are able to expedite growth of our acquired brands to reach their target numbers quicker. 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.

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