STOCK TITAN

Grom Social Enterprises Inc - GROMW STOCK NEWS

Welcome to our dedicated news page for Grom Social Enterprises (Ticker: GROMW), a resource for investors and traders seeking the latest updates and insights on Grom Social Enterprises.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Grom Social Enterprises's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Grom Social Enterprises's position in the market.

Rhea-AI Summary
Grom Social Enterprises, Inc. (GROM) announced a securities purchase agreement with an institutional investor, selling two convertible promissory notes for $4,000,000 each, along with warrants to acquire a total of 3,028,146 shares of Common Stock. The company will use the net proceeds for general working capital and administrative purposes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.88%
Tags
none
-
Rhea-AI Summary
Grom Social Enterprises, Inc. (GROM) announced a securities purchase agreement with a single institutional investor to sell two convertible promissory notes for a total of $8,000,000. The company also agreed to issue warrants to acquire 3,028,146 shares of common stock. The transactions are subject to shareholder approval and the company plans to use the net proceeds for general working capital and administrative purposes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.88%
Tags
none
-
Rhea-AI Summary
Grom Social Enterprises, Inc. (NASDAQ: GROM) Strengthens Santa.com E-Commerce Platform with Holiday Planning Solutions, Offering Stress-Free Holiday Preparation Tips and Reminders
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.7%
Tags
none
Rhea-AI Summary
Curiosity Ink Media, a subsidiary of Grom Social Enterprises, has partnered with Sweet Tooth Fairy and Denik to release exclusive branded gift options on Santa.com. The site offers home goods, journals, calendars, stationery items, candy, and baked goods. Denik will provide journals, calendars, planners, and notebooks, while Sweet Tooth Fairy will offer candies, cookies, and a cookie decorating kit. The collaboration aims to create a magical yuletide experience for families globally.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.43%
Tags
none
-
Rhea-AI Summary
Curiosity Ink Media, in partnership with Dynamite Entertainment, will release four publishing titles inspired by modern holiday magic with a contemporary twist. The titles, including Snow Boy, Baldwin’s Big Christmas Delivery, How the North Pole Works, and How the Gherkins Stole Christmas, will be available on October 18 and October 25 via Santa.com and other major online retailers. Curiosity Ink Media aims to build relationships between kids and families through engaging visuals, rich characters, and positive storytelling experiences.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.28%
Tags
none
-
Rhea-AI Summary
Grom Social Enterprises has entered into an advisory agreement with the Joint Commission on Interdenominational Relations (JCIR) to analyze and strengthen its social impact. The agreement aims to evaluate Grom's operations based on a biblically responsible investing (BRI) impact score. Grom's goal is to showcase its family-friendly content and safety measures for children on social and educational platforms, aligning with biblically responsible standards. The company is committed to specific corporate goals, including quality education, gender equality, and climate action. Grom believes that a favorable BRI impact score can increase the visibility and appeal of its products and services.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-13.19%
Tags
none
Rhea-AI Summary
Curiosity Ink Media announces expansion of Cats vs Pickles licensing program in partnership with Well Played Toys, introducing diverse and innovative products to the market. New product line to hit retail shelves by Q2 2024, expanding the Cats vs Pickles universe into new areas.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-21.51%
Tags
none
-
Rhea-AI Summary
Top Draw Animation, a division of Grom Social Enterprises Inc., is featured in a special program highlighting the impact of the creative industry on the Filipino economy and global audiences. The program provides insights into the creation and production of premium animation and the Philippines' emergence as a global animation leader. Top Draw Animation operates with over 300 professionals and produces for leading global entertainment providers. The recognition by CNN Philippines reinforces their commitment to animation production excellence and contribution to the country's economic health.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.79%
Tags
none
-
Rhea-AI Summary
Grom Social Enterprises, Inc. closes public offering, raising $3.0 million
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.7%
Tags
Rhea-AI Summary
Grom Social Enterprises, Inc. announces pricing of public offering of units and pre-funded units
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-43.7%
Tags
Grom Social Enterprises Inc

Nasdaq:GROMW

GROMW Rankings

GROMW Stock Data

1.80M
Motion Picture and Video Production
Information
Link
United States
Boca Raton