Vinco

Vinco Ventures, Inc. Announces Reverse Split

Retrieved on: 
Wednesday, May 10, 2023

As per the results of the Company's annual meeting, the Board of Directors approved a 1-for-20 reverse stock split of the Company's issued and outstanding shares of common stock, par value $0.001 per share.

Key Points: 
  • As per the results of the Company's annual meeting, the Board of Directors approved a 1-for-20 reverse stock split of the Company's issued and outstanding shares of common stock, par value $0.001 per share.
  • Stockholders owning shares via a broker, bank, trust or other nominee will have their positions automatically adjusted to reflect the reverse stock split, and will not be required to take any action in connection with the reverse stock split.
  • Any fractional shares created as a result of the reverse stock split will be rounded up to the nearest whole share for each stockholder.
  • The reverse stock split impacts all holders of Vinco's common stock proportionally and will not impact any shareholders' percentage ownership of common stock (except as to rounding up changes).

Vinco Ventures Completes Acquisition of TikTok Rival Lomotif

Retrieved on: 
Monday, December 19, 2022

ROCHESTER, N.Y., Dec. 19, 2022 /PRNewswire/ -- Vinco Ventures announces the purchase of all ZVV equity interest of ZVV Media Partners, a joint venture with ZASH Global Media, including TikTok rival Lomotif. 

Key Points: 
  • Vinco Ventures completes the purchase of all ZVV media equity of all ZVV Media Partners.
  • ROCHESTER, N.Y., Dec. 19, 2022 /PRNewswire/ -- Vinco Ventures announces the purchase of all ZVV equity interest of ZVV Media Partners, a joint venture with ZASH Global Media, including TikTok rival Lomotif.
  • Vinco Ventures' consolidated subsidiary, ZVV Media Partners, LLC, a joint venture of Vinco Ventures and ZASH Global Media and Entertainment Corporation, has an 80% ownership interest in Lomotif Private Limited.
  • Private Securities Litigation Reform Act of 1995, which are based upon beliefs of, and information currently available to, Vinco Ventures' management as well as estimates and assumptions made by Vinco Ventures' management.

Vinco Ventures Completes Acquisition of TikTok Rival Lomotif

Retrieved on: 
Monday, December 19, 2022

ROCHESTER, N.Y., Dec. 19, 2022 /PRNewswire/ -- Vinco Ventures announces the purchase of all ZVV equity interest of ZVV Media Partners, a joint venture with ZASH Global Media, including TikTok rival Lomotif. 

Key Points: 
  • Vinco Ventures completes the purchase of all ZVV media equity of all ZVV Media Partners.
  • ROCHESTER, N.Y., Dec. 19, 2022 /PRNewswire/ -- Vinco Ventures announces the purchase of all ZVV equity interest of ZVV Media Partners, a joint venture with ZASH Global Media, including TikTok rival Lomotif.
  • Vinco Ventures' consolidated subsidiary, ZVV Media Partners, LLC, a joint venture of Vinco Ventures and ZASH Global Media and Entertainment Corporation, has an 80% ownership interest in Lomotif Private Limited.
  • Private Securities Litigation Reform Act of 1995, which are based upon beliefs of, and information currently available to, Vinco Ventures' management as well as estimates and assumptions made by Vinco Ventures' management.

Vinco Ventures Fulfills Interim CEO Role

Retrieved on: 
Thursday, December 15, 2022

ROCHESTER, N.Y., Dec.15, 2022 /PRNewswire/ -- Vinco Ventures, Inc. (Nasdaq: BBIG) ("Vinco Ventures," "Vinco," or the "Company"), a digital media and content technologies holding company, has completed the first stage of a carefully planned transition that positions the company with a clear runway to focus on revenues and profitability.

Key Points: 
  • ROCHESTER, N.Y., Dec.15, 2022 /PRNewswire/ -- Vinco Ventures, Inc. (Nasdaq: BBIG) ("Vinco Ventures," "Vinco," or the "Company"), a digital media and content technologies holding company, has completed the first stage of a carefully planned transition that positions the company with a clear runway to focus on revenues and profitability.
  • Vinco Ventures is set to appoint a new permanent CEO with proven leadership experience at successful and prestigious media companies and entertainment brands.
  • Vinco Ventures' consolidated subsidiary, ZVV Media Partners, LLC, a joint venture of Vinco Ventures and ZASH Global Media and Entertainment Corporation, has an 80% ownership interest in Lomotif Private Limited.
  • Private Securities Litigation Reform Act of 1995, which are based upon beliefs of, and information currently available to, Vinco Ventures' management as well as estimates and assumptions made by Vinco Ventures' management.

Lomotif Welcomes its Special Guests Lil Nas X and The Kid Laroi to Electronic Daisy Carnival (EDC)

Retrieved on: 
Sunday, October 24, 2021

LAS VEGAS, Oct. 24, 2021 /PRNewswire/ -- Lomotif , the popular video-sharing social networking platform and TikTok rival, welcomed its special guests Lil Nas X and The Kid Laroi to the 2021 Electronic Daisy Carnival (EDC) as the duo made a surprise performance during the festival.

Key Points: 
  • LAS VEGAS, Oct. 24, 2021 /PRNewswire/ -- Lomotif , the popular video-sharing social networking platform and TikTok rival, welcomed its special guests Lil Nas X and The Kid Laroi to the 2021 Electronic Daisy Carnival (EDC) as the duo made a surprise performance during the festival.
  • Lomotif used the occasion to launch LoMo TV - a new entertainment and lifestyle network offering original programming within the Lomo app.
  • Lomotif was chosen as an official streaming partner for the world's largest EDM festival alongside YouTube, Twitch, TikTok and Roblox.
  • The deal is designed to increase the global social media distribution of EDC which is currently taking place in Las Vegas.

Vinco Ventures and ZASH Global Media and Entertainment through their Joint Venture, ZVV Media Partners, Completes Acquisition of Lomotif

Retrieved on: 
Friday, July 23, 2021

"We couldn't be more proud to have Lomotif as the crown jewel of our media and entertainment company alongside ZASH and Vinco Ventures," said Ted Farnsworth, co-founder of ZASH.

Key Points: 
  • "We couldn't be more proud to have Lomotif as the crown jewel of our media and entertainment company alongside ZASH and Vinco Ventures," said Ted Farnsworth, co-founder of ZASH.
  • The addition of Lomotif enhances Vinco Ventures and ZVV Media's offering by adding a short-form video component to its overall ecosystem as the company continues to grow a global content-centric technology company.
  • The media and entertainment team led by Tom K. Ara at law firm DLA Piper LLP negotiated and advised ZASH on the Lomotif acquisition deal.
  • ZASH Global Media and Entertainment Corporation is an evolving network of synergetic companies working together to disrupt the media and entertainment industry.

Vinco Ventures, Inc. Announces 'Spin Out' of Emmersive Entertainment

Retrieved on: 
Thursday, June 24, 2021

Grow.,is pleased to announce the planned 'spin out' of Emmersive Entertainment, recently featured on 60 Minutes Plus, as its own standalone publicly traded entity.

Key Points: 
  • Grow.,is pleased to announce the planned 'spin out' of Emmersive Entertainment, recently featured on 60 Minutes Plus, as its own standalone publicly traded entity.
  • The Company also announces that the resulting Emmersive Entertainment Public Company will be led by current Vinco Ventures Chief Strategy Officer Brian McFadden.
  • "I greatly appreciate the faith Board members have in my abilities to continue operating and growing this innovative business.
  • "This is a great opportunity for the shareholders of record on the effective date," said Vinco CEO Christopher Ferguson.

Vinco Ventures, Inc. Announces Update on Lomotif and ZASH Global Media and Entertainment

Retrieved on: 
Friday, May 28, 2021

today announced an update to the ZASH Global Media and Entertainment (ZASH) merger and Lomotif acquisition.

Key Points: 
  • today announced an update to the ZASH Global Media and Entertainment (ZASH) merger and Lomotif acquisition.
  • 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.
  • Vinco Ventures, Inc. (BBIG) is a selective acquisitions company focused on digital media and content technologies.
  • Although the company believes that the expectations reflected in the forward-looking statements are reasonable, the company cannot guarantee future results, performance, or achievements.

ZASH Enters Into Binding Letter of Intent With Ficto Video Sharing Social Platform

Retrieved on: 
Friday, February 5, 2021

Vinco Ventures, Inc. (NASDAQ: BBIG) Vinco Ventures through its partnership with ZASH Global Media and Entertainment Corporation, the entertainment industry disrupter, today further asserted its momentum, announcing the signing of a binding letter of intent with Ficto Video Sharing Social Platform.

Key Points: 
  • Vinco Ventures, Inc. (NASDAQ: BBIG) Vinco Ventures through its partnership with ZASH Global Media and Entertainment Corporation, the entertainment industry disrupter, today further asserted its momentum, announcing the signing of a binding letter of intent with Ficto Video Sharing Social Platform.
  • Ficto bridges the last mile between the best of the streaming services and the best of the social media apps.
  • When ZASH talks about disrupting media, we look for ways to deliver high-tech content and Ficto is it.
  • Ficto is looking forward to outstanding new programming with ZASH involving Everyday Edisons and other shows," said Mike Esola, CEO at Ficto.

ZASH Enters Into Binding Letter of Intent with Ficto Video Sharing Social Platform

Retrieved on: 
Friday, February 5, 2021

Bethlehem, PA, Feb. 05, 2021 (GLOBE NEWSWIRE) -- Vinco Ventures, Inc. (NASDAQ: BBIG) Vinco Ventures through its partnership with ZASH Global Media and Entertainment Corporation, the entertainment industry disrupter, today further asserted its momentum, announcing the signing of a binding letter of intent with Ficto Video Sharing Social Platform.

Key Points: 
  • Bethlehem, PA, Feb. 05, 2021 (GLOBE NEWSWIRE) -- Vinco Ventures, Inc. (NASDAQ: BBIG) Vinco Ventures through its partnership with ZASH Global Media and Entertainment Corporation, the entertainment industry disrupter, today further asserted its momentum, announcing the signing of a binding letter of intent with Ficto Video Sharing Social Platform.
  • Ficto bridges the last mile between the best of the streaming services and the best of the social media apps.
  • When ZASH talks about disrupting media, we look for ways to deliver high-tech content and Ficto is it.
  • Ficto is looking forward to outstanding new programming with ZASH involving Everyday Edisons and other shows, said Mike Esola, CEO at Ficto.