Syracuse, NY, April  24, 2023  (GLOBE NEWSWIRE) -- Vinco Ventures, Inc. (Nasdaq: BBIG) (“Vinco Ventures,” “Vinco,” or the “Company”), a digital media and content technologies company, announced receipt of a staff determination on April 18, 2023. stating that the Company failed to meet its obligations under Nasdaq Listing Rule 5810(b) because it has not yet filed its Form 10-K for the period ended December 31, 2022. The Company is required to file updated information with the Hearings Panel no later than April 25, 2023, regarding its scheduled plans to file this delinquent Form 10-K. The Company notes, in the April 14, 2023 determination letter, which it received from the Panel, its agreement to file its 10-K by June 2, 2023 was referenced, and that the Company continues to remain confident that it will file its 10-K by that date.

About Vinco VenturesVinco Ventures (Nasdaq: BBIG) is focused on the development of digital media and content technologies. Vinco Ventures’ consolidated subsidiary, ZVV Media Partners, LLC, a joint venture of Vinco Ventures and ZASH Global Media and Entertainment Corporation, has an 80% ownership interest in Lomotif Private Limited. Vinco Ventures owns a 100% ownership interest in AdRizer, LLC.

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Nasdaq staff determination.

Vinco Ventures, Inc. (Nasdaq: BBIG), a digital media and content technologies company, received a staff determination from Nasdaq on April 18, 2023, stating it failed to meet its obligations under Nasdaq Listing Rule 5810(b) due to not filing its Form 10-K for the period ended December 31, 2022. The company is required to submit updated plans to the Nasdaq Hearings Panel by April 25, 2023, and has committed to filing the delinquent Form 10-K by June 2, 2023. Vinco Ventures is a digital media and content technologies company with key subsidiaries including ZVV Media Partners, LLC and AdRizer, LLC.