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Damn it's like I've got a direct line to shorty...
When are you loading up for the long game???
Asking for a friend...
Pretty sure those bbig shares are paired to tyde now so looking forward to getting even more tyde come distribution if they can figure it all out with the sec
Imo
Honestly still irritated about the whole thing at the moment...
Well this is dumb... I bought some... so drop it again and I'll keep adding...
Any idea what this means---"subject to certain contractual and regulatory conditions being met or waived.", or is it just smoke and mirrors?
In any event, as anything purchased now will not be entitled to a divvy, no incentive to purchase more despite the price drop
P>S> They also seem to be trading both as BBIGV and TYDEV
It sounds like a short trap being set with double triggers
I have never seen where shareholders are kept captive to receive a dividend until actual distribution. Usually it goes ex dividend, and as long as you were record owner on that date, you got the divvy. That is why a stock price drops after that date because buyer will not be entitled to it.
In this case, if you did not own it on ex div date you don't get it, and if you did own it but sold it before distribution date, you don't get it either. So that means there could be a percentage of shares for which a dividend will not be distributed. So where will those unaccounted for divvy shares accrue to?? Do they not get distributed and BBIG remains with them?
BBIG will delay the TYDE spin off until they are ready to dilute. Shorts know that
Get this Zash merger done! Otherwise I'm forced to believe it's all been a hustle...
I'll hold through distribution...
If it looks like merger is valid I'll buy more shares after distribution as well...
But damn it feels like I have a 50lb weight strapped to my nuts...
Stringing investors along doesn't work forever... July 4th distribution? To coincide with share increase vote?
Now investors are apparently locked in from selling until distribution on or about the end of the second quarter of 2022, subject to certain contractual and regulatory conditions being met or waived.
What conditions are we hopping to be waived?
Honestly frustrated... again...
Imo
For clarification regarding the record date and distribution date as it relates to the Cryptyde dividend, each Vinco stockholder of record on the record date will receive one share of Cryptyde common stock for every 10 shares of Vinco common stock held through the distribution date. However, if a stockholder sells shares of Vinco common stock after the record date they will not receive the Cryptyde dividend. Only holders of shares of Vinco common stock on the distribution date that were outstanding on the record date will be entitled to receive the Cryptyde dividend. Following the separation, Vinco stockholders will also receive cash in lieu of any fractional shares of Cryptyde common stock that those holders would have received after application of the 10:1 distribution ratio. No action is required by Vinco stockholders to receive the shares of Cryptyde common stock in the dividend distribution.
Tomorrow wouldn't be soon enough . Who voted this idiot in to office . No one he was eleagly voted in and we put up with it
Because nobody is going to buy this scam.
The corrupt SEC isn’t allowing anything to disrupt markets. There won’t be a dividend, until Biden/Harris regime leaves office.
And there’s a sell off. Why?
Strange https://investors.vincoventures.com/press-releases/detail/113/vinco-ventures-inc-delays-cryptyde-spin-off-distribution
Not only delayed, but even if you owned stock on record date, but sell before distribution date, you will not get the spin off shares.
No Limits With LOMO!!! No brainer... The People's MTV but so much more... partnered with paramount... I could go on and on...
SERIOUSLY CAN YOU HEAR THE THUNDER!!!
I CAN...!
https://www.usmagazine.com/celebrity-news/news/snoop-dogg-grimes-drop-zash-nfts-from-space-at-edc-las-vegas/
Imo
Shorty is hangry... keep eating up those cheap plastic shares..!
Imo
Looks as though BBIG was just getting the paddles last night! We've got a heartbeat today!
BBIG is performing better than my other meme stocks
HA
BBIG Bucking after hours! Ride that Bull!
Home / Expert Stock Picks to Buy Now / Hot Stocks /
After the Cryptyde Spinoff, Vinco Ventures Stock Will Continue to Drop
Once its main catalyst is no longer in play, BBIG stock will move toward a realistic price
By Thomas Niel May 12, 2022, 11:09 am EDT
BBIG Stock - After the Cryptyde Spinoff, Vinco Ventures Stock Will Continue to Drop
Source: PopTika / Shutterstock.com
After months of wait, Vinco Ventures (NASDAQ:BBIG) is finally completing its spinoff of its cryptocurrency/non-fungible token (NFT) unit, Cryptyde (which will have the ticker symbol “TYDE”).
Shareholders of record on May 18 will receive one share of TYDE stock for each 10 shares of BBIG stock held. The distribution will complete on May 27. Upon announcing a spinoff date earlier this month, shares popped on the news. Speculators who dived into it on the news may have thought that a “short squeeze” was in store. Unfortunately, they’ve instead found themselves, with the stock’s move from around $3.25, back down to around $2.50 per share.
5 BULLETPROOF RETIREMENT STOCKS FOR A TURBULENT MARKET
Worse yet, more price declines may lie ahead for this digital holding company. Especially once the spinoff happens later this month. How so? The Cryptyde spinoff was the only exciting thing Vinco has had going for it in recent months. As I wrote last month, its most recent earnings report was hardly anything to write home about. The hype surrounding one of its other key holdings, an indirect 40% stake in Lomotif, a TikTok-esque video sharing app, has faded.
7 of the Most Undervalued Mid-Cap Stocks to Buy Now
Chances are that the investors still holding the stock today are in it for the Cryptyde spinoff catalyst. Once this catalyst finishes playing out, they may hold onto their TYDE shares. Even as the current state of the crypto market signals it will perform poorly.
With BBIG stock, however, they may decide to quickly cash out post-spinoff. In turn, with the retail crowd less active in it, the stock will begin to move more toward a price more in line with fair value. That’s a big problem, given the stock, while seemingly cheap at today’s prices, is overvalued.
I bought some on 19 & 20 May, if I hold, I get some shares of TYDE?
No volume don't expect to much today.... maybe "next week" SMH
If you own shares you can sell "covered calls", it is basically a hedge. The premiums here are to good to pass on
I'm not sure how you do that . I'm a rookie at this game but excited to learn .
You have till 27th to buy back its a special stock divided, due bill, NASDAQ changed it because TYDE price 25% more than BBIG.
https://www.nasdaqtrader.com/TraderNews.aspx?id=ECA2022-90
$BBIG
No. The record date is 5/18 with payout date 5/28
If I sell my BBIG tomorrow that I bought May 15, 2022, will I still get my shares of TYDE? Anyone able to help?
If owned stock here I would be sell covered calls every week. The premiums are insane
Cant waite I bailed out of this last time it ran up to $3.63 just waiting for a reentry point. Not sure how far it will drop
This is where retail social media needs to get their head out of their A$$, but the pumptards keep rolling
Just wait until this spin off settles
Why yes it is.
anybody know what the cryptide dividend record date was again? tia
This looks nothing like a squeeze
Looks like a squeeze to me.
Or maybe it is
No probably not but we might see some buying going on today with all the pumping going on out there lol
They’re not going to cover. They didn’t cover the TRCH/MMTLP dividend or any others in 2021.
When TYDE splits from BBIG, the value of TYDE will be taken from BBIG,, and the price will plummet. Dilution will only make it worse.
Because they aren't forced to cover lol
Lots of pumptards out there on BBIG. It makes zero sense why shorts would be tripling down if they are forced to cover. I have no money in this just fun watching
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Item 1.01 Entry into a Material Definitive Agreement.
As previously reported by Vinco Ventures, Inc. (the “Company”), pursuant to that certain Securities Purchase Agreement (“July SPA”) dated as of July 22, 2021 by and between the Company and an accredited institutional investor (the “Holder), the Company sold to the Holder notes (the “July Notes”) and warrants, of which 30,258,848 remain outstanding as December 20, 2021 (the “July Warrants”). On December 20, 2021, the Company and the Holder entered into a Warrant Exercise Agreement (the “December WEA”), whereby, the Company and the Holder agreed, subject to the satisfaction (or waiver) of the conditions set forth in Sections 4 and 5 of the December WEA, (i) for the Holder to exercise 13,634,685 July Warrants (the “Exercised Warrants”) representing the right to acquire shares (the “Exercised Warrant Shares”) of Common Stock, (ii) for the Company to issue additional warrants to purchase up to an initial aggregate number of shares of Common Stock equal to 225% of the number of Exercised Warrant Shares at a per-share exercise price equal to $3.2653 (the “December Warrants” and, together with the July Warrants, the “Warrants”), all pursuant to the terms and conditions set forth therein, and (iii) to amend (A) those certain Warrants (the “September Warrant”) issued by the Company to the Holder pursuant to that certain Warrant Exercise Agreement dated as of September 1, 2021 by and among the Company and the Holder (“September WEA”) and (B) those certain warrants (the “November Warrant”) issued by the Company to the Holder pursuant to that certain Warrant Exercise Agreement dated as of November 11, 2021 by and among the Company and the Holder (the “November WEA”). The December Warrant is exercisable by the Holder on any day on or after the date the authorized number of shares of the Company’s Common Stock is increased to at least 400,000,000 shares (the “Initial Exercisability Date”) until the fifth (5th) anniversary of the Initial Exercisability Date or, if such date falls on a day other than a Trading Day (as defined in the December Warrant) or on which trading does not take place on the Principal Market (a “Holiday”), the next date that is not a Holiday.
The proceeds to the Company from the exercise of the Exercised Warrants were approximately $36,200,000, before deducting certain expenses incurred by the Company in connection with the December WEA and, including, but not limited to, expenses of the Holder’s legal counsel. The Company intends to use the proceeds from the Exercised Warrants to, among other things, fund a portion of the acquisition of AdRizer LLC, which was previously announced in the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission (the “SEC”) on October 7, 2021.
Subject to the satisfaction (or waiver) of the conditions set forth in Sections 4 and 5 of the December WEA, (i) the Holder shall pay to the Company an amount equal to the Exercise Price (as defined in each Exercised Warrant) in effect as of the date of such exercise multiplied by the applicable Exercised Warrant Shares, (ii) the Company shall issue and deliver to the Holder the Exercised Warrant Shares as set forth in Section 1 of the Exercised Warrants, and (iii) the Company shall issue and deliver to the Holder December Warrants to initially purchase an aggregate number of shares equal to 225% of the number of Exercised Warrant Shares, which number of shares shall be increased by 225% of the number of any other shares issued to the Holder upon the exercise of other outstanding warrants or the conversion of the Company’s outstanding convertible notes prior to February 28, 2022, which number shall be subject to further adjustment as set forth in the December WEA. Additionally, pursuant to Section 7(o) of the December WEA, the reference to “December 31, 2021” in the definition of “Adjustment Date” in Section 19(c) of the November Warrants shall be replaced with “December 19, 2021.”
Additionally, the parties executed and delivered a Registration Rights Agreement (the “Registration Rights Agreement”), pursuant to which the Company agreed to file an initial registration statement with respect to the shares of Common Stock underlying the Registrable Securities (as defined in the Registration Rights Agreement) by April 15, 2022.
Pursuant to Section 7(m) of the December WEA, by no later than March 11, 2022, the Company shall file with the Securities and Exchange Commission a definitive proxy statement for a special meeting of the stockholders of Common Stock (the “Stockholder Meeting”), soliciting each such stockholder’s affirmative vote at the Stockholder Meeting for approval of resolutions providing for (i) the issuance of all the shares of Common Stock issuable pursuant to the December Warrants, including adjustments pursuant to Section 2(b) of the December Warrants without giving effect to any limitation on exercise set forth therein and without giving effect to the Exercise Floor Price (as defined in the December Warrants), (ii) approving any voluntary adjustments that the Company may offer pursuant to the terms of any of the December Warrants, and (iii) the increase in the authorized number of shares of Common Stock of the Company to at least 400,000,000 (the “Authorized Share Proposal”). The Stockholder Meeting shall be promptly called and held not later than April 10, 2022 (the “Stockholder Meeting Deadline”)."
Vinco Ventures (NASDAQ:BBIG) reported quarterly losses of $(7.59) per share. This is a 2430 percent decrease over losses of $(0.30) per share from the same period last year. The company reported $2.23 million in sales this quarter. This is a 11.50 percent decrease over sales of $2.52 million the same period last year.
© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved."
https://ih.advfn.com/stock-market/NASDAQ/vinco-ventures-BBIG/stock-news/86630439/quarterly-report-10-q
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