Vinco ventures, inc. (bbig) announces filing of form 10 registration statement in connection with planned spin-off of cryptyde, inc. (tyde)
Fairport, ny., nov. 08, 2021 (globe newswire) -- november 8, 2021, vinco ventures, inc. (nasdaq: bbig) (“vinco”) today announced the filing of a form 10 registration statement with the united states securities and exchange commission (“sec”) in connection with the planned spin-off of its subsidiary cryptyde, inc. the spin-off would make cryptyde a stand-alone, publicly traded nasdaq listed company under the ticker symbol tyde. vinco will continue to trade under the bbig ticker symbol on nasdaq following completion of the planned spin-off and currently planned subsequent merger with zash global media and entertainment corp. the cryptyde executive team has been transitioned from vinco, with former vinco chief strategy officer, brian mcfadden, named chief executive officer of cryptyde, vinco chief financial officer, brent vroman, named chief financial officer of cryptyde, with him serving in both capacities as his duties are transitioned to the new vinco cfo previously named, and the majority of the board of directors of cryptyde consisting of former vinco board members.
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