Current Report Filing (8-k)
30 Junho 2022 - 6:21PM
Edgar (US Regulatory)
0001717556
false
0001717556
2022-06-29
2022-06-29
0001717556
dei:FormerAddressMember
2022-06-29
2022-06-29
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): June 29, 2022
VINCO
VENTURES, INC.
(Exact
name of registrant as specified in charter)
| Nevada |
|
001-38448 |
|
82-2199200 |
(State
or other jurisdiction
of
incorporation) |
|
(Commission
File
Number) |
|
(IRS
Employer
Identification
No.) |
| Address
Not Applicable(1) |
|
Address
Not Applicable(1) |
| (Address
of principal executive offices) |
|
(Zip
Code) |
(866)
900-0992
(Registrant’s
telephone number, including area code)
6
North Main Street
Fairport,
NY 14450
(Former
name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
| ☐ |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| |
|
| ☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| |
|
| ☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| |
|
| ☐ |
Pre-commencement
communications pursuant to Rule 13e-4© under the Exchange Act (17 CFR 240.13©(c)) |
Securities
registered pursuant to Section 12(b) of the Act:
| Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
| Common
Stock, $0.001 par value per share |
|
BBIG |
|
The
Nasdaq Stock Market LLC |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
(1)
We are a remote-friendly company, with several hubs and locations for employees to collaborate. Accordingly,
we do not maintain a headquarters. For purposes of compliance with applicable requirements of the Securities Act of 1933, as amended,
and Securities Exchange Act of 1934, as amended, stockholder communications required to be sent to our principal executive offices may
be directed to the email address set forth in our proxy materials and/or identified on our investor relations website.
Emerging
growth company ☒
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Item
1.01. Entry into a Material Definitive Agreement.
On
June 29, 2022 (the “Issue Date”), Vinco Ventures, Inc. (the “Company”) and ZVV Media Partners, LLC (“ZVV”),
a joint venture of the Company and ZASH Global Media and Entertainment Corporation, entered into a Secured Promissory Note (the “Note”)
in the original principal amount of $56,955,167.81, which original principal amount has previously been loaned by the Company to ZVV
to support Lomotif Private Limited (“Lomotif”) and other ZVV business ventures and projects. Pursuant to the Note, ZVV
can borrow up to an aggregate principal amount of $70,000,000 and will use the proceeds from loans drawn under the Note to support the
business of Lomotif and other ZVV business ventures and projects.
The
Note becomes due and payable in full by ZVV on March 31, 2024 and carries interest at a rate per annum equal to five percent (5%). The
Note also imposes certain governance, expense and other conditions on ZVV as set forth in Schedule 2 attached thereto.
In
connection with the Note, on the Issue Date, the Company and ZVV entered into that certain Security and Pledge Agreement (the “Security
Agreement”). Pursuant to the Security Agreement and to provide security for ZVV’s repayment of all loans under the Note,
ZVV granted, among other things, a second priority security interest and lien upon all of ZVV’s property to the Company.
The
foregoing descriptions of the terms of the Note and the Security Agreement and the transactions contemplated thereby do not purport to
be completed and are qualified in their entirety by reference to the forms of the Note and the Security Agreement filed as Exhibit 4.1
and Exhibit 10.1 hereto, respectively, and are incorporated herein by reference.
Item
8.01. Other Events.
On
June 29, 2022, the Company determined to postpone the Company’s upcoming Special Meeting of Stockholders (the “Special
Meeting”) from the previously scheduled date of Friday, July 1, 2022. The postponement is intended to provide additional time
to the Company’s stockholders to consider and vote on the proposals to be acted upon at the Special Meeting.
The
Special Meeting will now be held on Tuesday, July 26, 2022, at 10:00 a.m. Eastern Time. The Special Meeting will still be completely
virtual, the record date for the Special Meeting remains May 27, 2022, and there is no change to the purpose of the Special Meeting or
any of the proposals to be acted upon at the Special Meeting. The live-webcast for the Special Meeting will be available by visiting
www.virtualshareholdermeeting.com/BBIG2022SM.
Item
9.01. Financial Statements and Exhibits.
(d)
Exhibits:
#
Certain schedules and exhibits have been omitted pursuant to Item 601(A)(5) of Regulation S-K.
The Company will furnish supplementally copies of omitted schedules and exhibits to the Securities and Exchange Commission or its staff
upon its request.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned thereunto duly authorized.
Date:
June 30, 2022
| VINCO
VENTURES, INC. |
|
| |
|
|
| By: |
/s/
Lisa King |
|
| Name: |
Lisa
King |
|
| Title: |
Chief
Executive Officer |
|
Edison Nation (NASDAQ:EDNT)
Gráfico Histórico do Ativo
De Jan 2025 até Fev 2025
Edison Nation (NASDAQ:EDNT)
Gráfico Histórico do Ativo
De Fev 2024 até Fev 2025
