AwesomeStocks Donât want emails from us anymore? Click [here]( to unsubscribe. Hello! GROM, our newest alert, released breaking news this morning that could be another positive growth catalyst for the company. Here is the breaking news announced this morning: âGrom Social Enterprises Announces May Release of Newly Designed COPPA-Compliant Grom Social App Featuring Enhanced Safety Measures for Parents and New Interface Brimming with Fun Just for Kids!â âBOCA 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 in early May, with the updated interface for Android users slated to premiere at a later date.â As the company further explains in the press release: âThe updated Grom Social app comes with a brand-new look, feel, and experience with all the safety integrations todayâs kids deserve and need. Existing users and their parents will migrate from the current experience to immediately enjoy Gromâs exciting new environment and interface. Leading the new safety features will be a new parent-child video verification process that ensures that parents and caregivers have granted consent to their child. Additionally, Gromâs new 3D avatar asset library allows kids to create their own profile avatar using hundreds of assets featuring a variety of complexions, hairstyles, clothing, accessories, animations, and more. The appâs new state-of-the-art camera allows users to create and post videos utilizing the latest in augmented reality (AR) technology.â Furthermore: âWhen it comes to safety, Grom incorporates the latest advancements in online safety measures, ensuring compliance with COPPA regulations and providing parents with enhanced control and monitoring features. Despite the challenges posed by the evolving digital landscape, Grom remains dedicated to creating a safe and enjoyable online environment for children worldwide. Parents can have full confidence in their childâs digital experience with Gromâs parent monitoring features, through which parents will have full control of their childâs profile, and view every post, comment, message, and friend. Additionally, parents can limit their childâs screen time and will be promptly notified if their child has violated the appâs rules on digital citizenship.â Here are some of the companyâs comments from this press release: "Grom Social is so elated to bring kids a brand new Grom, a fun, safe social media app they can truly call their own,â explains Paul Ward, former Nickelodeon executive who joined as Grom Socialâs president in 2021. âGrom Social has always put kidsâ safety as our number one priority and we applaud all of the efforts taking place in Washington, DC, and state capitals everywhere to join us and the parents of our users to help keep kids safe. Social media is here to stay and when kids are ready for âbig socialâ, Grom is working hard to give kids the training wheels they need to grow into responsible, young adults.â In addition: "The new Grom app is better positioned than ever to deliver on our initial promise of giving kids a fun app that they can call their own while giving parents much-needed peace of mind,â explains Darren Marks, CEO of Grom Social Enterprises Inc. âSocial media is here to stay and Grom is thrilled to help todayâs kids and their families navigate and meet the challenges presented by big social, and we are confident that these new features are a huge step in capturing the imagination of kids everywhere." Following yesterdayâs alert, GROM opened at 1.15 and briefly rallied to a high of 1.24, afterwards closing the day at 1.08. We are continuing to monitor it for sustainable upside potential. As GROM further accomplishes its plans, it could experience increased growth. 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