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Palladium Capital Group Sole Placement Agent for a $12,000,000 Private Placement for Vinco Ventures Inc. (NASDAQ:BBIG)

Jan. 25, 2021:

NEW YORK, NY – On January 25, 2021, Palladium Capital Group, LLC, acted as sole placement agent for Vinco Ventures Inc., facilitating the following transaction.

On January 25, 2021 (the “Effective Date”), Vinco Ventures Inc. (the “Company”) consummated the closing of a private placement offering (the “Offering”) whereby pursuant to the Securities Purchase Agreement (the “Purchase Agreement”) entered into by the Company on January 21, 2021 with one accredited investor (the “Investor”), the Company issued a Senior Convertible Note for the purchase price of $12,000,000 (the “Note”) and a five (5) year warrant (the “Warrant”) to purchase shares of the Company’s common stock, par value $0.001 per share (“Common Stock”).

For more details, see the company’s full 8K filing here.