Brief: Adrizer Has Agreed To Be Acquired And Will Be Fully Integrated To Monetize Lomotif Platform

Vinco Ventures

07/10/2021 13:58

Oct 7 (Reuters) - Vinco Ventures Inc  BBIG.O :
    * ADRIZER HAS AGREED TO BE ACQUIRED AND WILL BE FULLY
INTEGRATED
TO MONETIZE LOMOTIF PLATFORM
    * VINCO VENTURES - TERMS OF DEAL INCLUDE $25 MILLION IN
CASH, WITH
REMAINING AMOUNT IN EQUITY OF ZASH, COMMON STOCK
    * VINCO VENTURES - COMMON STOCK WILL HAVE TWO-YEAR LOCK UP
UPON
CLOSING

Source text for Eikon:  ID:nPn9J1tVra 
Further company coverage:  BBIG.O 

 ((Reuters.Briefs@thomsonreuters.com;))