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Grom Social Enterprises, Inc. (NASDAQ: GROM) shares are trading higher after the company announced its wholly-owned subsidiary, Top Draw Animation, has commenced production on approximately $1 million in new projects through its sprawling studio in Manila, the Philippines. The assignments, two recurring episodic animated TV series, bolster the studio’s output and leverage the expertise of Top Draw’s animation professionals as well as Russell Hicks and Jared Wolfson, the studio’s newly installed President and Executive Vice President, respectively.
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