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.

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Grom Social Enterprises, Inc. is a media, technology, and entertainment company, which engages in the delivery of content to children under the age of 13 years, creation, acquisition, and development of a commercial potential of Kids and Family entertainment properties and associated business opportunities, provision of animation services, and offering protective web filtering solutions to block unwanted or inappropriate content. The company was founded by Zach Marks on October 6, 2009 and is headquartered in Boca Raton, FL.

BOCA RATON, Fla., Sept. 29, 2023 (GLOBE NEWSWIRE) -- Top Draw Animation (TDA), a leading source of premium animation production services for programming shown around the world, and a division of Grom Social Enterprises Inc. (NASDAQ: GROM), is featured in the recently-premiered Creative PH, a sixty-minute special examining the impact of creative industries on the Filipino economy and global audiences.

Grom's Award-winning Top Draw Animation Division Featured in CNN Philippines' Creative PH Special Examining Global Influence of Filipino Creative Industries

BOCA RATON, Fla., Sept. 12, 2023 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ: GROM; GROMW) (the “Company”), today closed its previously announced underwritten public offering of 946,000 units (the “Units”) at a price to the public of $3.00 per Unit and 54,000 pre-funded units (the “Pre-Funded Units”) at a price to the public of $2.999 per Pre-Funded Unit for aggregate gross proceeds of approximately $3.0 million, prior to deducting underwriting discounts, commissions, and other estimated offering expenses. Each Unit consisted of one share of common stock, one Series A warrant to purchase one share of common stock and one Series B warrant to purchase one share of common stock (the Series A and Series B warrants together the “Warrants”). The Warrants have an exercise price of $3.00 per share, are exercisable immediately upon issuance, and will expire five (5) years following the date of issuance. Each Pre-Funded Unit consisted of one pre-funded warrant exercisable for one share of common stock (the “Pre-Funded Warrants”), one Series A Warrant and one Series B Warrant, identical to the Warrants in the Units. The purchase price of each Pre-Funded Unit is equal to the price per Unit being sold to the public in the offering, minus $0.001, and the exercise price of each Pre-Funded Warrant is $0.001 per share. The Pre-Funded Warrants are immediately exercisable and may be exercised at any time until all of the Pre-Funded Warrants are exercised in full.

Grom Social Enterprises, Inc. Announces Closing of $3.0 Million Public Offering

Grom Social Enterprises (NASDAQ: GROM ) stock is taking a beating on Friday after the company went through a reverse stock split. A press release from the media, technology, and entertainment company announced the one-for-20 reverse stock split a couple of days ago.

Why Is Grom Social Enterprises (GROM) Stock Down 53% Today?

BOCA RATON, Fla., Sept. 08, 2023 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ: GROM; GROMW) (the “Company”), today announced the pricing of a public offering of 946,000 units (the “Units”) at a price to the public of $3.00 per Unit and approximately 54,000 pre-funded units (the “Pre-Funded Units”) at a price to the public of $2.999 per Pre-Funded Unit. Each Unit consists of one share of common stock, one Series A warrant to purchase one share of common stock and one Series B warrant to purchase one share of common stock (the Series A and Series B warrants together the “Warrants”). The Warrants will have an exercise price of $3.00 per share, are exercisable immediately upon issuance, and will expire five (5) years following the date of issuance. Each Pre-Funded Unit consists of one pre-funded warrant exercisable for one share of common stock (the “Pre-Funded Warrants”), one Series A Warrant and one Series B Warrant, identical to the Warrants in the Unit. The purchase price of each Pre-Funded Unit is equal to the price per Unit being sold to the public in this offering, minus $0.001, and the exercise price of each Pre-Funded Warrant is $0.001 per share. The Pre-Funded Warrants will be immediately exercisable and may be exercised at any time until all of the Pre-Funded Warrants are exercised in full. The closing of the offering is expected to occur on or about September 12, 2023, subject to the satisfaction of customary closing conditions.

Grom Social Enterprises, Inc. Announces Pricing of $3.0 Million Public Offering

BOCA RATON, Fla., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ: GROM) (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 Board of Directors has approved a 1-for-20 reverse stock split of its common shares (the “Reverse Split”) primarily to comply with Nasdaq's minimum bid price requirement. The Reverse Split will be effective on September 7, 2023, and the Company's common stock will trade on a post-split basis under the same symbol, GROM, commencing with the opening of trading on the Nasdaq Capital Market on September 7, 2023.

Grom Social Enterprises, Inc. Announces 1-for-20 Reverse Stock Split

Adds to the Value of the Manila-Based Studio's Production Assignments Already Underway of $2.2MM as of June 30, 2023 Adds to the Value of the Manila-Based Studio's Production Assignments Already Underway of $2.2MM as of June 30, 2023

Grom's Top Draw Animation Subsidiary Secures Over $1.2 MM in New Production Assignments

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Grom's Curiosity Ink Media Enters Production on New Global Preschool Entertainment Franchise, Hey Fuzzy Yellow!

BOCA RATON, Fla., June 26, 2023 (GLOBE NEWSWIRE) -- Curiosity Ink Media – Grom Social Enterprises, Inc.'s (NASDAQ: GROM) storytelling division, and its printed content partner, Dynamite Entertainment – the prolific publisher of graphic novels and other popular formats – today announced that the partnership will bring four new kids' titles, each of which celebrates everyone's favorite time of year, Christmas, that will be available through booksellers everywhere in time for Christmas, 2023.

Grom's Curiosity Ink Media and Dynamite Entertainment Bring Four Children's Titles to Booksellers Everywhere in Time for the Holidays!

BOCA RATON, Fla., April 27, 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 original storytelling division, and international global production and distribution powerhouse, Toon2Tango GmbH & Co. KG (“Toon2Tango”), were nominated both for Best Animated Film and Biggest International Market Potential Screenplay for Santa.com in the just-wrapped 2023 Stuttgart (Germany) International Festival of Animated Film. The recognition for Santa.com – which begins production later this year – was celebrated jointly by Curiosity Ink Media's Chief Executive Officer, Jared Wolfson, and Toon2Tango Chief Creative Officer, Jo Daris.

Grom's Curiosity Ink Media and Toon2Tango Earn Prestigious Award Nominations at Stuttgart International Festival of Animated Film for Santa.com Screenplay

Denver Family Film Stomps its way onto Curiosity's Growing Movie Slate Denver Family Film Stomps its way onto Curiosity's Growing Movie Slate

Grom's Curiosity Ink Media & WEP Announce Co-Production Partnership on Denver, The Last Dinosaur Feature Film

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.

Grom's Curiosity Ink Media Names Marketing & Tech Executive Savannah Brentnall to Lead Santa.com as Newly-Appointed General Manager

Grom Subsidiary Tapped to Bring Animation Production Expertise to Second Season of Hit Emirati Kids' Comedy Series

Grom's Top Draw Animation Secures Assignment to Animate Bidaya Media's Hit Series, Mansour

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Action-Packed Adventure to Save Christmas Slated to Commence Production This Year Action-Packed Adventure to Save Christmas Slated to Commence Production This Year

Grom's Curiosity Ink Media & Toon2Tango Get Into the Holiday Spirit to Prepare Production on Animated Feature Film, Santa.com!

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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.

Redditors Didn't Start the GROM Stock Squeeze. And They Shouldn't Finish It.

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.

5 Investors Betting Big on Grom Social (GROM) Stock

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Curiosity and Global Production & Distribution Group – Toon2Tango – to Co-Produce Groundbreaking New Preschool Series with Broad Brand Extension Opportunities Curiosity and Global Production & Distribution Group – Toon2Tango – to Co-Produce Groundbreaking New Preschool Series with Broad Brand Extension Opportunities

Grom's Curiosity Ink Media Secures Equity Stake in Emerging Global Franchise Entertainment Brand - Hey Fuzzy Yellow!

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.

News for Grom Social Enterprises Stock (GROM)