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iMedia Brands Completes Successful Transaction for Asset Sale to IV Media, LLC

MINNEAPOLIS, August 16, 2023 Global media company iMedia Brands, Inc. (the "Company" or "iMedia") (OTC: IMBIQ) today announced that it has successfully closed its Asset and Equity Purchase Agreement ("AEPA") with IV Media, LLC ("IV Media"), a subsidiary of Innovation Ventures, LLC, the producer and distributor of 5-hour ENERGY® shots. Through the AEPA, IV Media has acquired substantially all assets of iMedia Brands on a going-concern basis, including its ShopHQ Networks, 1-2-3.tv, iMDS, J.W. Hu

United statesVince bodifordKen cooperChristopher banksCompany operationsMedia brands incSinnovation venturesGreenberg traurigHuron consulting groupC street advisory groupBankruptcy court onLviv mediaPachulski stang ziehl jonesUs bankruptcy courtShophq networksOakland law group

iMedia Brands Completes Successful Transaction for Asset Sale to IV Media, LLC

iMedia Brands Completes Successful Transaction for Asset Sale to IV Media, LLC
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

United statesChristopher banksKen cooperVince bodifordCompany operationsShophq networksGreenberg traurigOakland law groupCommittee of unsecured creditorsIv media llcC street advisory groupPachulski stang ziehl jonesUs bankruptcy courtCompany chapterSinnovation venturesRopes gray

iMedia Brands (IMBI) Enters Asset and Equity Purchase Agreement with RNN National Media Group

iMedia Brands (IMBI) Enters Asset and Equity Purchase Agreement with RNN National Media Group
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

United statesChristopher banksKen cooperTim petermanPachulski stang ziehl jonesRopes grayNational media groupLincoln internationalMedia brands incUs bankruptcy courtShriver jacobsonShophq networksCompany chapterC street advisory groupBankruptcy courtCommunications commission

IMedia Brands Enters into an Asset and Equity Purchase Agreement with RNN National Media Group

Transaction to be Consummated Through Court-Supervised Process Company’s Operations Will Continue Uninterrupted

United statesTim petermanChristopher banksDistrict of delaware the bankruptcy courtHuron consulting groupCommunications commissionBankruptcy courtC street advisory groupCompany chapterShophq networksShriver jacobsonUs bankruptcy courtMedia brands incLincoln internationalNational media groupRopes gray

iMedia Brands Enters into an Asset and Equity Purchase Agreement with RNN National Media Group

iMedia Brands Enters into an Asset and Equity Purchase Agreement with RNN National Media Group
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

United statesTim petermanChristopher banksKen cooperC street advisory groupShophq networksRopes grayUs bankruptcy courtBankruptcy courtNational media groupMedia brands incCommunications commissionShriver jacobsonCompany chapterPachulski stang ziehl jonesCompany operations