{"id":2573,"date":"2022-01-26T16:27:50","date_gmt":"2022-01-26T16:27:50","guid":{"rendered":"https:\/\/palladiumcapital.com\/?p=2573"},"modified":"2022-01-27T06:40:26","modified_gmt":"2022-01-27T06:40:26","slug":"palladium-capital-group-facilitates-42000000-financing-for-cryptyde-inc-a-wholly-owned-subsidiary-of-vinco-ventures-nasdaq-bbig","status":"publish","type":"post","link":"https:\/\/www.palladiumcapital.com\/palladium-capital-group-facilitates-42000000-financing-for-cryptyde-inc-a-wholly-owned-subsidiary-of-vinco-ventures-nasdaq-bbig\/","title":{"rendered":"Palladium Capital Group Facilitates $42,000,000 Financing for Cryptyde, Inc., a wholly owned subsidiary of Vinco Ventures (NASDAQ: BBIG)"},"content":{"rendered":"<p><a href=\"https:\/\/palladiumcapital.com\/wp-content\/uploads\/2022\/01\/2022-01-Cryptyde-42M-1.jpg\"><img decoding=\"async\" loading=\"lazy\" class=\"size-medium wp-image-2576 alignright\" src=\"https:\/\/palladiumcapital.com\/wp-content\/uploads\/2022\/01\/2022-01-Cryptyde-42M-1-263x300.jpg\" alt=\"\" width=\"263\" height=\"300\" srcset=\"https:\/\/www.palladiumcapital.com\/wp-content\/uploads\/2022\/01\/2022-01-Cryptyde-42M-1-263x300.jpg 263w, https:\/\/www.palladiumcapital.com\/wp-content\/uploads\/2022\/01\/2022-01-Cryptyde-42M-1-150x171.jpg 150w, https:\/\/www.palladiumcapital.com\/wp-content\/uploads\/2022\/01\/2022-01-Cryptyde-42M-1.jpg 570w\" sizes=\"(max-width: 263px) 100vw, 263px\" \/><\/a><\/p>\n<p>NEW YORK, NY, January 26th, 2022 \u2013 Palladium Capital Group, LLC, today announces that it has served as investment banker to Cryptyde (the &#8220;Company&#8221;), a wholly owned subsidiary of Vinco Ventures (NASDAQ: BBIG), which today announced that it has entered into definitive agreements with two institutional investors for a total of $42 million in financing.<\/p>\n<p>The equity portion of the financing is priced at $8.00 per share and the debt financing portion has a conversion price of $10.00 per share. The financing was done at a post-deal approximate enterprise value of $300 million.<\/p>\n<p>Palladium Capital Group, LLC is the sole placement agent in connection with the offering.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, NY, January 26th, 2022 \u2013 Palladium Capital Group, LLC, today announces that it has served as investment banker to Cryptyde (the &#8220;Company&#8221;), a wholly owned subsidiary of Vinco Ventures (NASDAQ: BBIG), which today announced that it has entered into definitive agreements with two institutional investors for a total of $42 million in financing. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"_links":{"self":[{"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/posts\/2573"}],"collection":[{"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/comments?post=2573"}],"version-history":[{"count":5,"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/posts\/2573\/revisions"}],"predecessor-version":[{"id":2581,"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/posts\/2573\/revisions\/2581"}],"wp:attachment":[{"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/media?parent=2573"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/categories?post=2573"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/tags?post=2573"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}