Previous Close | 4.0000 |
Open | 4.0000 |
Bid | 0.0000 x 0 |
Ask | 0.0000 x 0 |
Day's Range | 4.0000 - 4.0000 |
52 Week Range | 1.4000 - 5.0000 |
Volume | 5 |
Avg. Volume | 1,348 |
Market Cap | 37M |
Beta (5Y Monthly) | -0.79 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -0.9800 |
Earnings Date | Nov 14, 2019 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
FORT LEE, N.J., Nov. 14, 2019 /PRNewswire/ -- Jerrick Media Holdings, Inc. (JMDA) (the "Company" or "Jerrick") announced financial results for the third quarter ending September 30, 2019, including a substantial increase in revenues from the previous quarter. The Company generated a total of $91,386 in revenues in the third quarter, a significant increase from the $7,181 in revenues generated in the second quarter. Additionally, following Jerrick's acquisition of Seller's Choice, a digital e-commerce agency, in September 2019, Jerrick completed the successful integration of Seller's Choice into Jerrick's sales team and operations.
FORT LEE, N.J., Oct. 30, 2019 /PRNewswire/ -- Jerrick Media Holdings, Inc. (JMDA) (the "Company" or "Jerrick") has announced the decision of its board of directors to appoint Mark Standish, former co-CEO of RBC Capital Markets and a Jerrick investor, as its new Chairman. Mr. Standish's induction as Chairman will come in conjunction with a number of other planned additions to the board. Future chairman of the board Mr. Standish has enjoyed a long career in finance since 1977.
FORT LEE, N.J., Sept. 18, 2019 /PRNewswire/ -- Jerrick Media Holdings, Inc. (JMDA) (the "Company" or "Jerrick") the creator of Vocal, today introduced a new subscription tier for its premium membership program, Vocal+, marking the end of the Founding Member initiative. "We are thrilled with the success of Vocal+ so far, and are thankful for the support from our Founding Members, a group comprising over 1,200 creators of all shapes and sizes," said Justin Maury, Jerrick's President and Head of Product. With the close of its Founding Member program, Vocal creators are now able to join Vocal+ as a regular member and access all of its premium features for $9.99/month, effective today.
- Acquisition is immediately accretive to Jerrick's earnings. FORT LEE, N.J., Sept. 12, 2019 /PRNewswire/ -- Jerrick Media Holdings, Inc. (JMDA) (the "Company" or "Jerrick"), a technology company and the creator of Vocal, today announced the completion of its acquisition of full-service e-commerce marketing agency Seller's Choice. Under the terms of the purchase agreement, Jerrick acquired Seller's Choice for $2 million, representing an approximate 1.3-1.5 multiple of the Company's projected 12-month-forward revenues, consisting of $340,000 in cash, a $660,000 promissory note and $1 million in stock.
FORT LEE, N.J., July 30, 2019 /PRNewswire/ -- Jerrick Media Holdings, Inc., (JMDA) (the "Company" or "Jerrick") a technology company and the creator of Vocal, today announced that it has effected a 1-for-20 reverse stock split of the Company's issued and outstanding shares of common stock, together with a proportionate reduction in the number of authorized shares of the Company's common stock (the "Reverse Split"). The Reverse Split became effective at market open today, July 30, 2019. The Company's common stock will trade on a split-adjusted basis under the temporary OTC ticker "JMDAD" for 20 trading days.
FORT LEE, N.J., May 22, 2019 /PRNewswire/ -- Jerrick Media Holdings, Inc., (JMDA) (the "Company" or "Jerrick") is pleased to announce that it has signed a letter of intent (the "LOI") dated May 21, 2019 to acquire the assets of e-commerce marketing agency Seller's Choice in a tuck-in acquisition that should fundamentally fortify Jerrick's revenue initiatives. Seller's Choice, established in 2016 and founded by CEO Jay Goldberg, is an e-commerce digital marketing solution provider based in Fort Lee, NJ. The purchase of Seller's Choice with its team of seasoned marketing, e-commerce strategy and sales professionals supporting 100+ customer relationships represents a complementary acquisition for Jerrick, and positions its content studio, Vocal for Brands, for growth through broadening its existing capabilities in sales and marketing resources.
NEW YORK, May 17, 2019 /PRNewswire/ -- Jerrick Media Holdings, Inc., (JMDA) (the "Company" or "Jerrick"), the creator of Vocal, announced today that on May 17, 2019 it substantially completed its offer to holders of certain of the Company's outstanding warrants (the "Warrants"). The aggregate amount of the Warrants tendered, each with an exercise price of $0.30, represents approximately 93% of the warrants eligible to be exchanged, and 82% of the Company's total outstanding warrants. "This is an exciting inflection point in our growth strategy that positions the Company to achieve key near-term milestones as we advance our plans for a NASDAQ uplisting later this year," commented Jerrick CEO Jeremy Frommer.
NEW YORK, May 15, 2019 /PRNewswire/ -- Jerrick Media Holdings, Inc., (JMDA) (the "Company" or "Jerrick"), a technology company and the creator of Vocal, today reported financial results for the first quarter ending March 31, 2019. First quarter 2019 revenues were $34,334, as compared to $16,249 in revenues in the first quarter of fiscal year 2018. First quarter sales activity generated a backlog of $31,300 in branded content revenues for second quarter 2019.
NEW YORK, May 7, 2019 /PRNewswire/ -- Jerrick Media Holdings, Inc., (JMDA) (the "Company" or "Jerrick"), a technology company and the creator of Vocal, today announced the closing of its offering of one-year, 10% Convertible Promissory Notes (the "Notes"), securing gross proceeds totaling $2,025,525 in a non-brokered financing. The current aggregate amount of cash proceeds from the offering includes $1,863,025 received to date as well as an additional $162,500 due upon the achievement of certain milestones as outlined in the Securities Purchase Agreement. The Notes are mandatorily convertible into shares of the Company's common stock at the lesser of $0.25 per share or the price of a subsequent qualified offering.
NEW YORK, April 15, 2019 /PRNewswire/ -- Jerrick Media Holdings, Inc., (JMDA) (the "Company" or "Jerrick"), a technology company and the creator of Vocal, announced today that it has commenced a Tender Offer (the "Offer") to facilitate the exchange of a series of its Warrants into shares of Common Stock in order to enhance its capital structure. This Offer follows the Company's previous tender offer, which was successfully completed in mid-April with over 90% of eligible warrants exchanged. The Offer will expire at 5:00 p.m., New York City time, on May 17, 2019, unless extended (such date and time, as the same may be extended, the "Expiration Date").
NEW YORK, April 12, 2019 /PRNewswire/ -- Jerrick Media Holdings, Inc., (JMDA) (the "Company" or "Jerrick"), the creator of Vocal, announced today that on April 11, 2019 it substantially completed its offer to holders of certain of the Company's outstanding warrants (the "Warrants"). The aggregate amount of the Warrants tendered, each with an exercise price of $0.20, represents approximately 91% of the warrants eligible to be exchanged, and 49% of the Company's total outstanding warrants. "Our tender offer exceeded both expectations and industry standards.
NEW YORK, April 10, 2019 /PRNewswire/ -- Jerrick Media Holdings, Inc., (JMDA) (the "Company" or "Jerrick"), a technology company and the creator of Vocal, announced today that it has elected to further extend the expiration date for its offer to holders of certain of the Company's outstanding warrants (the "Warrants"), each with an exercise price of $0.20, to receive an aggregate of 61,832,962 shares of the Company's Common Stock, par value $0.001 per share (the "Shares"), to receive thirty-three thousand three-hundred thirty-three (33,333) Shares in exchange for every one-hundred thousand (100,000) Warrants tendered by the holders of Warrants (the "Tender Offer") until 11:59 p.m., Eastern Time, on Thursday, April 11, 2019. Issuance of the Shares for properly tendered Warrants will be made promptly upon the expiration of the Tender Offer or as soon as practicable thereafter.
NEW YORK, April 2, 2019 /PRNewswire/ -- Jerrick Media Holdings, Inc., (JMDA) (the "Company" or "Jerrick"), a technology company and the creator of Vocal, today announced financial results for its full year ended December 31, 2018. This year was marked by the Company's conversion of substantially all preferred and convertible debt, that was previously outstanding prior to year-end, into equity, as well as the close on $6.2 million of new capital in four separate financings. In addition, continued development of the Company's core technology platform and the upcoming integration of Vocal's creator subscription model have positioned Jerrick to begin generating revenues in the third quarter from a suite of premium tools for creators and brands.
NEW YORK, April 2, 2019 /PRNewswire/ -- Jerrick Media Holdings, Inc., (JMDA) (the "Company" or "Jerrick"), a technology company and the creator of Vocal, announced today that it has elected to further extend the expiration date for its offer to holders of certain of the Company's outstanding warrants (the "Warrants"), each with an exercise price of $0.20, to receive an aggregate of 61,832,962 shares of the Company's Common Stock, par value $0.001 per share (the "Shares"), to receive thirty-three thousand three-hundred thirty-three (33,333) Shares in exchange for every one-hundred thousand (100,000) Warrants tendered by the holders of Warrants (the "Tender Offer") until 11:59 p.m., Eastern Time, on Tuesday, April 9, 2019 to accommodate interest in the offering. Issuance of the Shares for properly tendered Warrants will be made promptly upon the expiration of the Tender Offer or as soon as practicable thereafter.
NEW YORK, March 22, 2019 /PRNewswire/ -- Jerrick Media Holdings, Inc., (JMDA) (the "Company" or "Jerrick"), a technology company and the creator of Vocal, announced today that it has elected to further extend the expiration date for its offer to holders of certain of the Company's outstanding warrants (the "Warrants"), each with an exercise price of $0.20, to receive an aggregate of 61,832,962 shares of the Company's Common Stock, par value $0.001 per share (the "Shares"), to receive thirty-three thousand three-hundred thirty-three (33,333) Shares in exchange for every one-hundred thousand (100,000) Warrants tendered by the holders of Warrants (the "Tender Offer") until 11:59 p.m., Eastern Time, on Thursday, April 3, 2019 to accommodate interest in the offering. Issuance of the Shares for properly tendered Warrants will be made promptly upon the expiration of the Tender Offer or as soon as practicable thereafter.
NEW YORK , March 15, 2019 /PRNewswire/ -- Jerrick Media Holdings, Inc., (OTCQB: JMDA) (the "Company" or "Jerrick"), a technology company and the creator of Vocal , announced today that ...
NEW YORK, Feb. 14, 2019 /PRNewswire/ -- Jerrick Media Holdings, Inc., (JMDA) (the "Company" or "Jerrick"), a technology company and the creator of Vocal, announced today that it has commenced a Tender Offer (the "Offer") to facilitate the exchange of a series of its Warrants into shares of Common Stock in order to enhance its capital structure. Jeremy Frommer, Chief Executive Officer of Jerrick commented, "Our Tender Offer is expected to strengthen our capitalization structure for the Company and its shareholders. Holders of Warrants must tender their Warrants prior to the Expiration Date to receive shares of the Company's common stock.
NEW YORK, Feb. 1, 2019 /PRNewswire/ -- Jerrick Media Holdings, Inc., (JMDA) (the "Company" or "Jerrick"), a technology company and the creators of Vocal, announced today that Justin Maury, former Head of Product, has been elevated to the role of President. Maury led the Company's product development for four years. During these formative years for the Company, Justin was a driving force in creating the vision, design and architecture for the Vocal platform.
Effectiveness of the Company's two pending registration statements clears the third tranche of funding. NEW YORK, Dec. 21, 2018 /PRNewswire/ -- Jerrick Media Holdings, Inc., (JMDA) (the "Company" or "Jerrick"), a technology company and the creators of Vocal, today reported that its two outstanding registration statements have been declared effective by the Securities and Exchange Commission. As such, the Company has achieved the final milestone required to receive the third and final tranche of its current financing offering (the "Offering").