Dolphin Entmt Inc Stock Price, News & Analysis

Dolphin Entertainment (NASDAQ:DLPN) has announced its Web3 marketing agency, We Come In Peace (WCIP), has achieved significant success with multiple NFT projects. Notably, NFTs by celebrity chefs Tom Colicchio and Spike Mendelsohn sold out in under 24 hours, while Buffalo Trace Distillery's auction raised $280,000, setting a potential record for bourbon NFTs. Upcoming projects include collaborations with Bella Hadid and Troy Carter. The agency aims to integrate culinary and entertainment brands into the metaverse, emphasizing continued growth in Web3 applications.

Dolphin Entertainment (NASDAQ:DLPN) announced a significant change in its audit process, engaging Grant Thornton LLP as its new independent registered public accounting firm effective June 3, 2022. This decision follows a comprehensive evaluation and aims to leverage Grant Thornton's extensive experience in the entertainment sector, as they serve 65% of Fortune 1000 companies in this space. The transition from the previous firm, dismissed on May 27, 2022, is being managed carefully to maintain operational continuity.

Dolphin Entertainment (NASDAQ:DLPN) announced that CEO Bill O'Dowd will present at the LD Micro Invitational XII on June 8, 2022, at 2:00 p.m. PT. The event is scheduled for June 7-9, 2022, where O'Dowd will also hold one-on-one investor meetings. Interested parties can access the webcast at this link. Dolphin Entertainment is recognized as a leader in entertainment marketing and content production, with subsidiaries providing strategic marketing and publicity services across various industries.

Dolphin Entertainment (NASDAQ:DLPN) congratulates client Tom Cruise on his record-breaking film Top Gun: Maverick, achieving a historic $160.5 million domestic opening weekend and $300 million worldwide gross. CEO Bill O'Dowd emphasizes the film's success marks a strong comeback for theaters. Dolphin, a leader in entertainment marketing and content production, works with high-profile clients across various industries through its subsidiaries, providing strategic marketing and publicity services.

Dolphin Entertainment (NASDAQ:DLPN) has filed its Annual Report on Form 10-K with the Securities and Exchange Commission for the fiscal year ending December 31, 2021. The comprehensive report is accessible via the SEC's website. The company is also preparing to file its quarterly report on Form 10-Q for the period ending March 31, 2022. Dolphin Entertainment specializes in entertainment marketing and premium content production, boasting a portfolio of services through its subsidiaries that cater to the film, television, music, gaming, and hospitality sectors.

Dolphin Entertainment (NASDAQ:DLPN) announced receiving a notice from Nasdaq on May 18, 2022, indicating non-compliance with Listing Rule 5250(c)(1) due to the delayed filing of its 10-Q report for the quarter ending March 31, 2022. This follows an earlier notice regarding the 10-K report for the year ended December 31, 2021. The company must submit a plan by June 20 to regain compliance, with the possibility of up to 180 days to correct the issue if accepted. The notice does not currently affect the trading of its common stock.

IMAX Corporation and Dolphin Entertainment have forged a multi-year agreement to co-finance and produce a series of feature-length documentaries. The inaugural project is The Blue Angels, developed by Bad Robot Productions and Zipper Bros Films, spotlighting the Navy and Marine Corps flight squadron during their training and performance seasons. The documentary promises unprecedented views inside the cockpit and formation of the F/A-18 Super Hornets. The Blue Angels is currently in production and is slated for release in IMAX theaters in 2023.

Dolphin Entertainment (NASDAQ:DLPN) filed a Notification of Late Filing for its Annual Report on Form 10-K for the fiscal year ended December 31, 2021. The delay led to a notice from Nasdaq regarding non-compliance with Listing Rule 5250(c)(1). The company has 60 days to either file the report or submit a compliance plan. While immediate delisting is not in effect, failure to comply could result in share delisting. Dolphin expects to file the report within this period, potentially avoiding the need for a compliance plan.