Grom's Top Draw Animation Subsidiary Secures Over $1.2M In New Production Assignments
Portfolio Pulse from Happy Mohamed
Top Draw Animation (TDA), a division of Grom Social Enterprises Inc. (NASDAQ:GROM), has secured new production assignments worth over $1.2M. This adds to the $2.2M value from remaining contracted assignments already in progress. TDA, based in Manila, Philippines, produces animated series, movies, specials and short-form programming for several leading global and international entertainment providers.

August 29, 2023 | 12:36 pm
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Grom Social Enterprises' subsidiary, Top Draw Animation, has secured new production assignments worth over $1.2M. This could potentially increase Grom's revenues and positively impact its stock price.
The new production assignments secured by Top Draw Animation, a division of Grom Social Enterprises, are worth over $1.2M. This could potentially increase Grom's revenues, which could positively impact its stock price in the short term. The company's stock price is likely to react positively to this news as it indicates a potential increase in future revenues.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100