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Clubhouse Media Group, Inc. Closes Promo Deal With Social Media Icon Sommer Ray

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Clubhouse Media Group (OTCMKTS: CMGR) announced a brand promotional deal with fitness model Sommer Ray, who has over 26M Instagram followers and 12M TikTok followers. Ray also runs a clothing line specializing in women's activewear. CEO Amir Ben-Yohanan praised the sales team's performance in securing this deal, highlighting its significance for the company's business model. This partnership is expected to enhance CMGR's brand exposure and performance in the influencer marketing space.

Positive
  • Finalized partnership with Sommer Ray, a prominent social media influencer.
  • Sommer Ray boasts 26M+ Instagram and 12M+ TikTok followers, expanding CMGR's audience reach.
Negative
  • None.

LOS ANGELES, Sept. 22, 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 a brand promotional deal with fitness model and social media star, Sommer Ray. Ray has an impressive social media following, boasting an astounding 26M+ followers on Instagram and 12M+ followers on TikTok. She also has her own clothing line, offering customers a variety of options in woman's activewear.

"It's always exciting when our sales team finalizes a brand deal" said Amir Ben-Yohanan, CEO of CMGR. "They are the backbone of our business and I'm pleased with their overall performance thus far."

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.

Follow CMGR on Twitter: https://twitter.com/ClubhouseCMGR

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.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/clubhouse-media-group-inc-closes-promo-deal-with-social-media-icon-sommer-ray-301630611.html

SOURCE Clubhouse Media Group, Inc.

FAQ

What is the recent deal announced by Clubhouse Media Group (CMGR)?

Clubhouse Media Group finalized a brand promotional deal with social media influencer Sommer Ray.

How many followers does Sommer Ray have on social media?

Sommer Ray has over 26 million followers on Instagram and over 12 million followers on TikTok.

What does Clubhouse Media Group do?

CMGR is an influencer-based social media firm and digital talent management agency.

When was the press release about the CMGR deal with Sommer Ray published?

The press release was published on September 22, 2022.

CLUBHOUSE MEDIA GROUP INC

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