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 12, 2023

 

VINCO VENTURES, INC.

(Exact name of registrant as specified in charter)

 

Nevada		001-38448		82-2199200
(State or other jurisdiction		(Commission		(IRS Employer
of incorporation)		File Number)		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)

 

N/A

(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(c) 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).

 

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 8.01 Other Information

 

On February 2, 2023, VVIP Ventures, LLC, a Delaware limited liability company ("VVIP”) entered into an asset purchase agreement (the "Agreement”) with a360 Media, LLC ("A360”) to acquire certain publishing assets of A360, VVIP was created to acquire the A360 assets and was set up as a joint venture between Vinco Ventures, Inc. (the "Company”) and ICON Publishing. The Company received a 51% equity interest in VVIP in consideration for its prospective obligation to provide up to $38 million in financing for this acquisition. Current management of the Company has completed its review of the proposed acquisition and based on the results of this review, concluded that completing this transaction, as originally proposed, is not in the best interests of the Company. As a result, the asset purchase agreement expired pursuant to its terms and on June 12, 2023, VVIP received notice of termination of the asset purchase agreement from the A360 entities, effective immediately.

 

 

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 16, 2023

 

VINCO VENTURES, INC.
By:	/s/ Chris Polimeni
Name:	Chris Polimeni
Title:	CFO/COO