Source: GlobeNewswire (MIL-OSI)
BOCA RATON, June 16, 2021 (GLOBE NEWSWIRE) via NewMediaWire Grom Social Enterprises, Inc. (NASDAQ: GROM) (“Grom”, the “Company”) a social media platform and original content provider for children under the age of 13, today announced the pricing of an underwritten public offering of 2,409,639 units at a public offering price of $4.15 per unit for aggregate gross proceeds of approximately $10.0 million prior to deducting underwriting discounts, commissions, and other offering expenses. Each unit is comprised of one share of common stock and one warrant to purchase one share of common stock. Each warrant is exercisable for one share of common stock at an exercise price of $4.565 per share and will expire five years from issuance. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 361,445 shares of common stock and/or warrants to purchase up to 361,445 shares of common stock at the public offe
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BOCA RATON, Fla., May 3, 2021 /PRNewswire/ Grom Social s star influencer – 19-year-old Caroline Marks of Melbourne Beach, Florida – is giving Grom users a beachfront pass to experience the thrill of Olympic competition. Caroline will vie for the gold medal as a member of the very first US Women s Surf team heading to the Olympics in Tokyo this summer. In the weeks leading up to the competition (Jul 23 – Aug. 1), Marks will chronicle her journey into Olympic waters and showcase her preparation, exercise regimen and offer surfing tips as well as creating original content that underscores what life is like for athletes at the Olympics. In turn, Grom Social, an emerging social app for kids under 13 years of age, will cheer Marks on with specially themed Caroline Marks and surfing-themed content kids can share on social as she competes in the Olympics and other international competitions throughout Australia, Mexico and California.
Grom Social Enterprises, Inc. Announces the Engagement of Investment Banking Firm Kingswood Capital Markets
BOCA RATON, Jan. 21, 2021 via
NewMediaWire Grom Social Enterprises, Inc. (OTCQB:
GRMM) (“Grom”, the “Company”, “we”, “us”, or “our”), a social media platform and original content provider for children under the age of 13, announced today that it has retained the services of New York-based investment banking firm Kingswood Capital Markets, division of Benchmark Investments, Inc. (“Kingswood”) to assist in raising new capital, as well as fund the Company’s continuing general operations.
“The importance of the Kingswood engagement at this time cannot be overstated, as we continue to successfully execute on our growth strategies during these unprecedented, COVID-19 related times. Kingswood’s strategic influence and investment banking services will be an invaluable asset for Grom,” said Darren Marks, Grom’s Chairman and CEO.
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New York, New York (Newsfile Corp. - January 14, 2021) - Grom Social Enterprises, Inc. (OTCQB: GRMM), the developer of Grom Social, a leading social media platform for kids and original children s entertainment content provider, was recently featured in an article published by leading financial news website and publisher, SmallCapsDaily. The feature covers how Grom operates through three subsidiaries; its animation studio, Top Draw Animation Inc, its social media app for kids, called Grom Social Inc., and Grom Educational Services Inc, its web filtering service used by Governments as well as K-12 schools and private businesses. In the article, SmallCapsDaily outlines how Grom s burgeoning social media app, web filtering service and extensive animation operations, positions the company to be a leader in three distinct but related industries.