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Friday, May 6, 2022

Equity Corporate Actions Alert #2022 - 90
(UPDATED: New Payment Date Established) Information Regarding the Spin-Off/Distribution for Vinco Ventures, Inc. (BBIG)

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  • Industry Announcement

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On June 24, 2021, Vinco Ventures, Inc. (BBIG) announced a spin-off of its subsidiary Cryptyde, Inc. The EX distribution when-issued market of Vinco Ventures, Inc. (BBIGV) and the when-issued market for Cryptyde, Inc. Common Stock (TYDEV) began trading on Nasdaq on Tuesday, May 17, 2022. The payment date for the distribution of the Cryptyde, Inc. Common Stock (TYDEV) has been revised to June 29, 2022. An Ex-Dividend date of June 30, 2022 has been established. The details for the spin-off and when-issued markets are as follows:

Parent Company/Issue: Vinco Ventures, Inc. Common Stock
CUSIP: 927330100
Symbol: BBIG
Record Date: May 18, 2022
Payment Date: June 29, 2022
EX Date: June 30, 2022
Due Bill Redemption Date: July 1, 2022
Ratio of Spin-Off/ Distribution:
 One (1) share of Cryptyde, Inc. (TYDE) for every ten (10) shares held.

An EX distribution when issued market will be established for Vinco Ventures, Inc. Trades in the EX distribution when issued market will not carry due-bills for the spin off/distribution. The details for the EX distribution when-issued market are as follows:

Symbol: BBIGV
CUSIP: 927330118
First Trade Date: May 17, 2022
Suspension Date: June 30, 2022
Settlement Date: July 5, 2022

A when-issued market was established for the shares of Cryptyde, Inc. The symbol will change from TYDEV to TYDE on June 30, 2022. The details for the when issued market are as follows:

Symbol: TYDEV
CUSIP: 22890A104
First Trade Date: May 17, 2022
Regular Way Trading Begins: June 30, 2022
Settlement Date: July 5, 2022

For information regarding this announcement, contact Nasdaq Corporate Data Operations at +1 877 308 0523.

If you would like to register as a market maker in BBIGV or TYDEV contact Nasdaq Trading Services at +1 212 231 5100.

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