Grom Social Enterprises, Inc., through its subsidiaries, operates as a media, technology, and entertainment company in the United States. The company operates a social media network for children under the age of 13 years. It also produces animated films and televisions series; and provides web filtering services to schools and government agencies. The company was founded in 2012 and is headquartered in Boca Raton, Florida.
IPO Year:
Exchange: NASDAQ
Website: gromsocial.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/13/2022 | $5.00 | Buy | EF Hutton |
Grom Offers Increased Controls For Parents and Online Protection –and Fun– For Kids COPPA-Compliant App Ensures Ultimate Online Protection For Kids BOCA RATON, Fla., Aug. 06, 2024 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ:GROM) (gromsocialenterprises.com), a leading provider of family-friendly entertainment, media, and technology solutions – and the company that helped usher in safe social media exclusively for kids – today released its eagerly anticipated and completely updated Grom Social Media App, the social media platform exclusively for kids. Offering unparalleled safety, the Grom App invites parents to actively participate in their child's social media activity.
BOCA RATON, Fla., Aug. 06, 2024 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ:GROM) (gromsocialenterprises.com), the company that helped usher in safe social media exclusively for kids, last night cheered its original brand ambassador – Caroline Marks – on her path to the medal stand as she secured the gold medal in women's surfing for Team USA at the 2024 Paris Olympics surfing venue in French Polynesia's Teahupo'o, Tahiti. Caroline, whose brother, Zach, first conceived the idea for Grom Social when he was just 12, was the target of cyberbullying in middle school, and her experience helped spotlight the need for safe social media for kids. Today, the company will unveil a newl
BOCA RATON, Fla., July 24, 2024 (GLOBE NEWSWIRE) -- Top Draw Animation - the 2D animation production subsidiary of Grom Social Enterprises Inc. (NASDAQ:GROM) ("Grom" or the "Company"), a kids' and family entertainment provider, today announced that it has secured additional, previously unreported assignments totaling over $1MM (USD). The new projects, which follow its May, 2024 commencement of assignments valued at over $2.9MM, was confirmed today by Cyrus Mistry, COO of Top Draw Animation. "Top Draw is powered by a team of 300+ animation pros who bring characters to life through impeccable attention to detail and expert production workflows," explains Mistry. "Across the organization,
AUSTIN, Texas, June 24, 2024 (GLOBE NEWSWIRE) -- Arctic7, which provides a robust suite of full game and co-development services together with own intellectual property development within gaming, and transmedia and virtual production services for the movie and TV industry, has today announced it is working on David Ayer's groundbreaking series Lollipop. Arctic7 recently announced that it has entered into the definitive documents phase towards its acquisition by Grom Social Enterprises, Inc. (NASDAQ:GROM), a leading provider of family-friendly media and technology solutions. Narwhal Studios, acquired by Arctic7 in 2023 and famed for its virtual production and VFX work on multiple Lucasfilm
BOCA RATON, Fla., June 04, 2024 (GLOBE NEWSWIRE) -- Grom Social Enterprises Inc. (NASDAQ:GROM) ("Grom" or the "Company") confirmed today that its subsidiary, Top Draw Animation ("TDA"), will present its award-winning animation production services to leading animation companies during Annecy (France) 2024, the annual gathering of leading global animation industry creators and decision-makers. Led by its Chief Operating Officer, Cyrus Mistry, TDA will showcase its 25-year history of bringing animation to life, pitch the studio's preferred partnership program, and discuss generous tax incentives offered by the Philippines for content produced at its Manila-based studio. The announcement was m
BOCA RATON, Fla., May 22, 2024 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ: GROM Gromsocial.com, a leading provider of family-friendly media, and technology solutions, today announced that its redesigned Grom Social app – for kids under the age of 13, brand-safe and debuting this summer – will feature a new, updated version of Grom Educational's proprietary Digital Citizenship License (DCL) course, offered to schools nationwide, as part of the app's new offerings. The DCL mini-lessons will be delivered by custom avatars – which Grom calls Gromatars – that underscore how responsible behavior on social media and the internet is so vital to one's safety and security. The DCL Gro
BOCA RATON, Fla., May 07, 2024 (GLOBE NEWSWIRE) -- Grom Social Enterprises Inc. (NASDAQ:GROM) ("Grom" or the "Company"), a media, technology and entertainment company dedicated to family-friendly programming, web filtering technology, and safe social media for kids, today announced that its subsidiary, Top Draw Animation ("TDA"), a leading source of premium animation production services for programming shown throughout the world, will lend its animation expertise to over $2.9MM in new assignments, one of which represents the largest single order in Top Draw's 25-year history. The new production work – unnamed for competitive reasons – was announced today by Grom CEO, Darren Marks. "Th
BOCA RATON, Fla., April 30, 2024 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ:GROM), a leading provider of family-friendly media and technology solutions, today announced that it has entered the definitive documents draft phase for its slated acquisition of Arctic7, Inc. (Arctic7.com), the emerging Texas-based gaming industry service provider. The pending deal was announced jointly by both companies in March as the companies entered into a non-binding letter of intent. Upon completion of the transaction, Arctic7's gaming development and virtual production services would be offered alongside Grom's current portfolio of kids' and family entertainment, social media and educationa
BOCA RATON, Fla., April 15, 2024 (GLOBE NEWSWIRE) -- Top Draw Animation (TDA), a leading global supplier of premium 2D animation production services, and award-winning division of Grom Social Enterprises Inc. (NASDAQ:GROM), today announced that the former VP of Technicolor's Animation Games & Production (India), Cyrus Mistry, has been named TDA's Chief Operating Officer, effective immediately. In his new role, Mistry has relocated from India to the company's state-of-the-art studio in Manila, Philippines, which was recently featured on CNN in a special about the growing global reliance on the Philippines for goods and services, including premium animation production. Mistry's appointment
BOCA RATON, Fla., April 04, 2024 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc (NASDAQ:GROM), which recently announced that it has entered into a Letter of Intent (LOI) to acquire Arctic7, the Austin, Texas-based game and co-development services provider, today announced the formation of a synergy council that will, upon completion of the acquisition, explore gaming production and other opportunities for ancillary revenue growth. Grom, a media, technology, and entertainment company focused on family-friendly programming, web filtering technology and safe social media for kids, intends to explore ways Arctic7's proven expertise can complement its existing entertainment offerings of sa
EF Hutton initiated coverage of Grom Social Enterprises with a rating of Buy and set a new price target of $5.00
Grom Offers Increased Controls For Parents and Online Protection –and Fun– For Kids COPPA-Compliant App Ensures Ultimate Online Protection For Kids BOCA RATON, Fla., Aug. 06, 2024 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ:GROM) (gromsocialenterprises.com), a leading provider of family-friendly entertainment, media, and technology solutions – and the company that helped usher in safe social media exclusively for kids – today released its eagerly anticipated and completely updated Grom Social Media App, the social media platform exclusively for kids. Offering unparalleled safety, the Grom App invites parents to actively participate in their child's social media activity.
BOCA RATON, Fla., Aug. 06, 2024 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ:GROM) (gromsocialenterprises.com), the company that helped usher in safe social media exclusively for kids, last night cheered its original brand ambassador – Caroline Marks – on her path to the medal stand as she secured the gold medal in women's surfing for Team USA at the 2024 Paris Olympics surfing venue in French Polynesia's Teahupo'o, Tahiti. Caroline, whose brother, Zach, first conceived the idea for Grom Social when he was just 12, was the target of cyberbullying in middle school, and her experience helped spotlight the need for safe social media for kids. Today, the company will unveil a newl
BOCA RATON, Fla., July 24, 2024 (GLOBE NEWSWIRE) -- Top Draw Animation - the 2D animation production subsidiary of Grom Social Enterprises Inc. (NASDAQ:GROM) ("Grom" or the "Company"), a kids' and family entertainment provider, today announced that it has secured additional, previously unreported assignments totaling over $1MM (USD). The new projects, which follow its May, 2024 commencement of assignments valued at over $2.9MM, was confirmed today by Cyrus Mistry, COO of Top Draw Animation. "Top Draw is powered by a team of 300+ animation pros who bring characters to life through impeccable attention to detail and expert production workflows," explains Mistry. "Across the organization,
BOCA RATON, Fla., June 04, 2024 (GLOBE NEWSWIRE) -- Grom Social Enterprises Inc. (NASDAQ:GROM) ("Grom" or the "Company") confirmed today that its subsidiary, Top Draw Animation ("TDA"), will present its award-winning animation production services to leading animation companies during Annecy (France) 2024, the annual gathering of leading global animation industry creators and decision-makers. Led by its Chief Operating Officer, Cyrus Mistry, TDA will showcase its 25-year history of bringing animation to life, pitch the studio's preferred partnership program, and discuss generous tax incentives offered by the Philippines for content produced at its Manila-based studio. The announcement was m
BOCA RATON, Fla., May 22, 2024 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ: GROM Gromsocial.com, a leading provider of family-friendly media, and technology solutions, today announced that its redesigned Grom Social app – for kids under the age of 13, brand-safe and debuting this summer – will feature a new, updated version of Grom Educational's proprietary Digital Citizenship License (DCL) course, offered to schools nationwide, as part of the app's new offerings. The DCL mini-lessons will be delivered by custom avatars – which Grom calls Gromatars – that underscore how responsible behavior on social media and the internet is so vital to one's safety and security. The DCL Gro
BOCA RATON, Fla., May 07, 2024 (GLOBE NEWSWIRE) -- Grom Social Enterprises Inc. (NASDAQ:GROM) ("Grom" or the "Company"), a media, technology and entertainment company dedicated to family-friendly programming, web filtering technology, and safe social media for kids, today announced that its subsidiary, Top Draw Animation ("TDA"), a leading source of premium animation production services for programming shown throughout the world, will lend its animation expertise to over $2.9MM in new assignments, one of which represents the largest single order in Top Draw's 25-year history. The new production work – unnamed for competitive reasons – was announced today by Grom CEO, Darren Marks. "Th
BOCA RATON, Fla., April 30, 2024 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ:GROM), a leading provider of family-friendly media and technology solutions, today announced that it has entered the definitive documents draft phase for its slated acquisition of Arctic7, Inc. (Arctic7.com), the emerging Texas-based gaming industry service provider. The pending deal was announced jointly by both companies in March as the companies entered into a non-binding letter of intent. Upon completion of the transaction, Arctic7's gaming development and virtual production services would be offered alongside Grom's current portfolio of kids' and family entertainment, social media and educationa
BOCA RATON, Fla., April 15, 2024 (GLOBE NEWSWIRE) -- Top Draw Animation (TDA), a leading global supplier of premium 2D animation production services, and award-winning division of Grom Social Enterprises Inc. (NASDAQ:GROM), today announced that the former VP of Technicolor's Animation Games & Production (India), Cyrus Mistry, has been named TDA's Chief Operating Officer, effective immediately. In his new role, Mistry has relocated from India to the company's state-of-the-art studio in Manila, Philippines, which was recently featured on CNN in a special about the growing global reliance on the Philippines for goods and services, including premium animation production. Mistry's appointment
BOCA RATON, Fla., April 04, 2024 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc (NASDAQ:GROM), which recently announced that it has entered into a Letter of Intent (LOI) to acquire Arctic7, the Austin, Texas-based game and co-development services provider, today announced the formation of a synergy council that will, upon completion of the acquisition, explore gaming production and other opportunities for ancillary revenue growth. Grom, a media, technology, and entertainment company focused on family-friendly programming, web filtering technology and safe social media for kids, intends to explore ways Arctic7's proven expertise can complement its existing entertainment offerings of sa
Florida-based, NASDAQ-listed entertainment provider enters into Letter of Intent to acquire Arctic7 to broaden its portfolio of offerings Arctic7 bolsters strategy to become a leader in the intersection of game development, co-development, virtual production, transmedia IP extension AUSTIN, Texas, March 14, 2024 (GLOBE NEWSWIRE) -- Arctic7, which provides a robust suite of full game and co-development services together with own intellectual property development within gaming, and virtual production services for the movie and TV industry, has today announced it has agreed to be acquired by Grom Social Enterprises, Inc (NASDAQ:GROM). Grom – a media, technology, and entertainment
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BOCA RATON, Fla., March 12, 2024 (GLOBE NEWSWIRE) -- Grom Social Enterprises, Inc. (NASDAQ:GROM), a leader in online safety for kids, today announced the early May launch of its highly-anticipated and completely redesigned COPPA-compliant (Children's Online Privacy Protection Act) social media app just for kids, Grom Social. The culmination of several months of redesigning its interface and sign-up process, the new Grom app places primary emphasis on several new features to further ensure the safety of its users while boasting fun to both engage kids and educate them about the growing importance of embracing digital safety habits at a young age. The new Grom app will debut in iOS beginning
BOCA RATON, Fla., March 16, 2023 (GLOBE NEWSWIRE) -- Grom Social Enterprises Inc. (NASDAQ:GROM) ("Grom" or the "Company"), and Curiosity Ink Media, its Hollywood-based original intellectual property (IP) division, today announced that veteran marketing professional Savannah Brentnall, has been named General Manager of Santa.com, the company's virtual North Pole dedicated to easing Christmastime through helpful editorial content and its massive storefront where consumers shop for the holidays. The appointment of Ms. Brentnall was made jointly today by Grom Social Enterprises, Inc.'s Chief Executive Officer and Founder, Darren Marks, and Chief Executive Officer of Curiosity Ink Media, Jared
Partnership Commences with Animated Series Laugh on Lorp and Aloha Hoku BOCA RATON, Fla., March 31, 2022 /PRNewswire/ -- Grom Social Enterprises, Inc's (NASDAQ:GROM) Hollywood-based original storytelling division, Curiosity Ink Media, today announced that it has enlisted the diverse writing and producing talents of animation veteran Dustin Ellis (Mixed Nutz, Babak and Friends: A First Norooz) to further the company's expanding roster of original franchise properties. Ellis will commence his duties by working on two original animated series recently unveiled by Curiosity: Aloha Hoku and Laugh on Lorp (working title). The appointment of Ellis was made today by Russell Hicks, Chief Content Off
BOCA RATON, FL, Sept. 08, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Grom Social Enterprises, Inc. (NASDAQ: GROM), a company dedicated to social media for kids, animation production services, and original entertainment for the whole family, today announced the appointment of veteran entertainment and media marketing executive Jared Wolfson to its executive ranks. Wolfson's appointment was announced by Darren Marks, Grom's Chairman and Chief Executive Officer. A winning business development executive and marketing specialist for more than 20 years, Wolfson has built and managed numerous successful franchise properties, architected and driven multi-media marketing plans and initiatives po
Top Draw Animation - the 2D animation production subsidiary of Grom Social Enterprises Inc. (NASDAQ:GROM) ("Grom" or the "Company"), a kids' and family entertainment provider, today announced that it has secured additional, previously unreported assignments totaling over $1MM (USD). The new projects, which follow its May, 2024 commencement of assignments valued at over $2.9MM, was confirmed today by Cyrus Mistry, COO of Top Draw Animation.
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Grom Social Enterprises Inc. (NASDAQ:GROM) ("Grom" or the "Company"), a media, technology and entertainment company dedicated to family-friendly programming, web filtering technology, and safe social media for kids, today announced that its subsidiary, Top Draw Animation ("TDA"), a leading source of premium animation production services for programming shown throughout the world, will lend its animation expertise to over $2.9MM in new assignments, one of which represents the largest single order in Top Draw's 25-year history. The new production work – unnamed for competitive reasons – was announced today by Grom CEO, Darren Marks. "The global animation community has long associated Top's Dra
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