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Clubhouse Media Group, Inc. Closes Another Promo Deal With Vernon Davis, Super Bowl Champion and Two-Time Pro Bowler

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Clubhouse Media Group, Inc. (OTCMKTS: CMGR) announced a brand promotional deal with former NFL star Vernon Davis, solidifying their relationship through The Reiman Agency. This is the second collaboration between CMGR and Davis, reflecting the company's strengthening ties in the influencer market. Davis, a Super Bowl Champion and media personality with over 1.1 million Instagram followers, adds significant visibility to CMGR's digital talent management services. CEO Amir Ben-Yohanan emphasized recent successes with NFL players as a testament to their growing influence in the industry.

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  • Finalization of a promotional deal with Vernon Davis enhances CMGR's influencer portfolio.
  • Strengthening relationships with high-profile NFL players may lead to future collaborations.
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LOS ANGELES, Dec. 6, 2022 /PRNewswire/ -- Clubhouse Media Group, Inc. (OTCMKTS: CMGR) ("CMGR"), an influencer-based social media firm and digital talent management agency, announced that they have finalized another brand promotional deal with Vernon Davis, through their majority held joint venture, The Reiman Agency.  Davis is a former Super Bowl Champion and two-time Pro-Bowl selection.  He was a tight end, and played for the San Francisco 49ers, Denver Broncos (where he would go on to win the Super Bowl) and the Washington Redskins.  Davis retired from the NFL in 2020.  In 2021 he was the announcer for the ESPYS Awards, which recognize individual and team athletic achievements and sports related performance.  Currently, Davis makes cameo appearances in film and television and stays active on social media.  He boasts 1.1M+ followers on Instagram alone.

"We've had recent success finalizing deals with several key NFL players" said Amir Ben-Yohanan, CEO of CMGR. "This is our second deal with Vernon Davis which proves that our sales team is really deepening their relationships with the talent and their management teams so we can continue to work together on much more in the future."

About Clubhouse Media Group, Inc.

CMGR offers management, production, and deal-making services to its handpicked influencers, a management division for individual influencer clients, and an investment arm for joint ventures and acquisitions for companies in the social media influencer space.

FORWARD-LOOKING STATEMENTS: This release contains "forward-looking statements". Forward-looking statements also may be included in other publicly available documents issued by CMGR and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management's current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "would," "could," "will" and other words of similar meaning in connection with a discussion of future operating or financial performance.

Examples of forward-looking statements include, among others, statements relating to future sales, earnings, cash flows, results of operations, uses of cash and other measures of financial performance.

Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and other factors that may cause CMGR's actual results and financial condition to differ materially from those expressed or implied in the forward-looking statements. Such risks, uncertainties and other factors include, among others such as, but not limited to economic conditions, changes in the laws or regulations, demand for CMGR's products and services, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward-looking statements. Any forward-looking information provided in this release should be considered with these factors in mind. We caution investors not to rely unduly on any forward-looking statements and urge you to carefully consider the risks described in our filings with the Securities and Exchange Commission from time to time, including our most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Forms 10-Q and Current Reports on Form 8-K, which are available on the Securities and Exchange Commission's website at sec.gov. We assume no obligation to update any forward-looking statements contained in this press release.

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SOURCE Clubhouse Media Group, Inc.

FAQ

What recent deal did Clubhouse Media Group finalize?

Clubhouse Media Group finalized a brand promotional deal with former NFL player Vernon Davis.

Who is Vernon Davis?

Vernon Davis is a former Super Bowl Champion and two-time Pro-Bowl NFL player with a significant social media presence.

What does CMGR focus on in its business operations?

CMGR focuses on influencer management, production, and deal-making in the social media space.

When was the press release about CMGR's deal with Vernon Davis issued?

The press release was issued on December 6, 2022.

How does this deal impact CMGR's stock symbol CMGR?

The deal may enhance CMGR's market presence and potential revenue through increased influencer engagements.

CLUBHOUSE MEDIA GROUP INC

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