Grom Social Enterprises

Grom Social Enterprises, Inc. owns and operates social media platform for kids. It also offers animation, network monitoring and security solutions, nutritional services, and mobile parenting application through its subsidiaries. The company was founded by Zach Marks on October 6, 2009 and is headquartered in Boca Raton, FL.

BOCA RATON, Fla., March 29, 2023 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ: GROM) (“Grom” or the “Company”), a media, technology and entertainment company dedicated to family-friendly programming, web filtering technology, and safe social media for kids, today announced that Curiosity Ink Media, the company's prolific storytelling division, has been named as the exclusive licensing agent for the iconic hit animated kids' series, Denver, The Last Dinosaur from St. Louis-based, WEP, LLC. The announcement was made jointly today by Curiosity Ink Media's Chief Executive Officer, Jared Wolfson, and Bob Koplar, President of WEP.

Grom's Curiosity Ink Media Named Exclusive Licensing Agent for WEP's Beloved & Iconic Entertainment Property Denver, The Last Dinosaur

BOCA RATON, Fla., March 16, 2023 (GLOBE NEWSWIRE) -- Grom Social Enterprises Inc. (NASDAQ: GROM) (“Grom” or the “Company”), and Curiosity Ink Media, its Hollywood-based original intellectual property (IP) division, today announced that veteran marketing professional Savannah Brentnall, has been named General Manager of Santa.com, the company's virtual North Pole dedicated to easing Christmastime through helpful editorial content and its massive storefront where consumers shop for the holidays.

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Grom Social Enterprises (NASDAQ: GROM ) stock is falling on Wednesday after the company revealed details of a private placement. According to a press release, the company has reached an agreement with an institutional investor.

Why Is Grom Social Enterprises (GROM) Stock Down 30% Today?

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BOCA RATON, Fla., Jan. 25, 2023 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ: GROM; GROMW) (“Grom” or the “Company”), a media, technology and entertainment company dedicated to family-friendly programming, web filtering technology and safe social media for kids, today announced that it has entered into a securities purchase agreement with a single institutional investor to raise gross proceeds of approximately $3.0 million through the private placement of 1,327,434 shares of common stock (or pre-funded warrants in lieu thereof), and warrants to purchase 2,323,010 shares of common stock. Each share of common stock (or pre-funded warrant in lieu thereof) is being sold together with accompanying warrants at a combined effective purchase price of $2.26 priced at-the-market under Nasdaq rules. The pre-funded units will be sold at the same price less the pre-funded warrant exercise price of $0.01. The warrants will be immediately exercisable from the date of issuance at an initial exercise price of $2.26 per share, subject to adjustments as set forth therein, and will expire five years from the date of issuance. The closing of the private placement is expected to occur on January 27, 2023, subject to the satisfaction of certain customary closing conditions set forth in the securities purchase agreement.

Grom Social Enterprises, Inc. Announces Pricing of $3.0 Million Private Placement Priced At-the-Market Per Nasdaq Rules

On Tuesday, shares of Grom Social (NASDAQ: GROM ) spiked 60% on a short squeeze. According to data from Fintel, short share availability dropped from 80,000 to 0 within several hours.

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Grom Social (NASDAQ: GROM ) stock is surging higher today on no company-specific news. As a result, shareholders are speculating that a short squeeze may be the culprit behind the upside.

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BOCA RATON, Fla, Jan. 10, 2023 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ: GROM) (“Grom” or the “Company”), a media, technology and entertainment company dedicated to family-friendly programming, web filtering technology and safe social media for kids, today issued a letter to shareholders from Darren Marks, its Chairman and Chief Executive Officer.

Grom Social Enterprises Issues Shareholder Letter and Provides Corporate Update

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BOCA RATON, Fla., Dec. 13, 2022 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ: GROM; GROMW) (the “Company”), a media, technology and entertainment company dedicated to family-friendly programming, web filtering technology and safe social media for kids, today closed its previously announced underwritten public offering of 1,415,682 units (the “Units”) at a price to the public of $2.89 per Unit and 314,422 pre-funded units (the “Pre-Funded Units”) at a price to the public of $2.889 per Pre-Funded Unit for aggregate gross proceeds of approximately $5.0 million, prior to deducting underwriting discounts, commissions, and other estimated offering expenses. Each Unit consisted of one share of common stock and two warrants, each to purchase one share of common stock for $2.89 per share immediately until the fifth anniversary of the issuance date. Each Pre-Funded Unit consisted of one pre-funded warrant and two warrants identical to the warrants included in the Units. The pre-funded warrants are exercisable for one share of common stock for $0.001 per share immediately until all of the pre-funded warrants are exercised.

Grom Social Enterprises, Inc. Announces Closing of $5.0 Million Public Offering

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Grom Social (NASDAQ: GROM ) stock is taking a beating on Friday after the social media company priced a public offering of its shares. The stock offering includes 1,415,682 units and 314,422 pre-funded units.

Why Is Grom Social (GROM) Stock Down 62% Today?

A 1-for-30 reverse split of Grom Social Enterprises (GROM) has gone into effect. These are the details.

Grom Social Enterprises (GROM) Stock: 1-For-30 Reverse Split Goes Into Effect

BOCA RATON, Fla., Dec. 08, 2022 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ: GROM) (the “Company”), today announced the pricing of a public offering of 1,415,682 units (the “Units”) at a price to the public of $2.89 per Unit and approximately 314,422 pre-funded units (the “Pre-Funded Units”) at a price to the public of $2.889 per Pre-Funded Unit. Each Unit consists of one share of common stock and two warrants, each to purchase one share of common stock. The warrants will have an exercise price of $2.89 per share, are exercisable immediately upon issuance, and will expire five years following the date of issuance. Each Pre-Funded Unit consist of one pre-funded warrant and two warrants identical to the warrants in the Unit. The pre-funded warrant is exercisable for one share of common stock for $0.001 per share immediately until all of the pre-funded warrants are exercised. The closing of the offering is expected to occur on or about December 13, 2022, subject to the satisfaction of customary closing conditions.

Grom Social Enterprises, Inc. Prices $5.0 Million Public Offering

BOCA RATON, Fla., Dec. 08, 2022 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ: GROM) (“Grom” or the “Company”), a media, technology and entertainment company dedicated to family-friendly programming, web filtering technology and safe social media for kids, today announced that its Chairman and CEO, Darren Marks, is the featured guest on The Wall Street Resource podcast hosted by Jeff Kone.

Grom Social Enterprises CEO, Darren Marks, Featured Guest on The Wall Street Resource Podcast

BOCA RATON, Fla., Nov. 29, 2022 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ: GROM) (“Grom” or the “Company”), a media, technology and entertainment company dedicated to family-friendly programming, web filtering technology, and safe social media for kids, has engaged international investor relations specialists MZ Group (“MZ”) to lead a comprehensive strategic investor relations and financial communications program across all key markets.

Grom Social Enterprises Engages MZ Group to Lead Strategic Investor Relations and Shareholder Communications Program

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Grom Social Enterprises, Inc. Teams Educational Services Subsidiary with Tech Management Company Radix to Offer Classroom Management Solution for Schools

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News for Grom Social Enterprises Stock (GROM)