Clubhouse Media Group, Inc. Closes Numerous Brand Deals In January 2023

Rhea-AI Summary

Clubhouse Media Group, Inc. (OTCMKTS: CMGR) announced the finalization of several brand promotional deals in January 2023, featuring notable talents including Vinny Guadagnino, Mac Boucher, and Josh Cribbs. CEO Amir Ben-Yohanan stated that the company is expanding its reach within the industry through partnerships with larger brands and influencers. CMGR specializes in management, production, and deal-making services for social media influencers. The press release also includes forward-looking statements regarding the company's future performance, emphasizing the inherent risks and uncertainties associated with these projections.

Positive

• Finalized multiple brand promotional deals in January 2023.
• Increased collaboration with notable talents and larger brands.
• CEO highlights growth in reach and industry presence.

Negative

• None.

LOS ANGELES, Feb. 7, 2023 /PRNewswire/ -- Clubhouse Media Group, Inc. (OTCMKTS: CMGR) ("CMGR"), a social media firm and digital agency, announced that they have finalized various brand promotional deals in January 2023. The talent includes (but is not limited to) names such as Vinny Guadagnino (reality TV star), Mac Boucher (golfer), Claire Hogel (golfer), Josh Cribbs (NFL player), Ty Law (NFL player), James Reidel (author), and Alix Earle (rising social media star).

"Our agency has been very active and it reflects positively on the company as a whole" said Amir Ben-Yohanan, CEO of CMGR. "We are broadening our reach in the industry and working with larger brands and talent more frequently. "

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 brand deals did Clubhouse Media Group finalize in January 2023?

Clubhouse Media Group finalized several promotional deals featuring talents like Vinny Guadagnino and Josh Cribbs.

Who are the talents involved in the recent Clubhouse Media Group deals?

The talents involved include Vinny Guadagnino, Mac Boucher, Claire Hogel, Josh Cribbs, Ty Law, and Alix Earle.

What is the stock symbol for Clubhouse Media Group?

The stock symbol for Clubhouse Media Group is CMGR.

When did Clubhouse Media Group make their announcement about brand deals?

The announcement about brand deals was made on February 7, 2023.

What services does Clubhouse Media Group provide?

Clubhouse Media Group provides management, production, and deal-making services for social media influencers.