Vinco Ventures (NYSE: BBIG) has announced the date for releasing their Q4 and FY 2021 financial results. Through a press release, the New York based digital company announced that the financial results will be available on Friday, April 15, 2022 after the market closes & the earnings call will be held on Monday, April 18, 2022 at 8:30 a.m. ET to review and discuss the results.
Friday, April 15th is Good Friday – Stock Market is closed. So one could just expect a press release from their Investor relations, and this could be the reason why they are holding the conference call before the market opens on the following Monday.
The TYDE factor
BBIG Investors have been waiting for an update regarding the Cryptyde Spin-off for a long time now. This will be a good opportunity for the BBIG management to shed some light on this.
Cryptyde’s management had responded to Twitter user @Aaron_529 confirming that the management is in a quiet period and cannot issue any PR’s or updates regarding the status.
The SEC is currently reviewing Cryptyde’s filings and has to deem them effective for Vinco Ventures to set a record date for the distribution of TYDE shares. Cryptyde had filed their initial registration statement on November 8, 2021; updated filing on January 25th, 2022 and another updated filing on March 18th, 2022.
Although not confirmed by Vinco’s management, there’s a high probability that BBIG could have applied for an extension in anticipation of SEC to be done with Cryptyde’s application. Could TYDE’s record date be around the corner? Record date next week?
