CHARLOTTE, NC / ACCESSWIRE / November 4, 2024 / Fresh Vine Wine, Inc. ("Fresh Vine Wine") (NYSE:VINE) and Amaze Software, Inc. ("Amaze") (through Adifex Holdings LLC) have signed a definitive agreement to merge, uniting Fresh Vine Wine's premium wine expertise with Amaze's leading creator-powered commerce technology. This merger marks a pivotal moment for the creator economy, setting new standards in product offerings and innovative creator-driven brand engagement opportunities. Amaze, the parent company of Amaze Studio, Spring by Amaze, Teespring, and a robust managed services division, brings together a suite of innovative commerce solutions supporting over 14 million creators, entrepre

CHARLOTTE, N.C., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Fresh Vine Wine, Inc., (NYSE:VINE) ("Fresh Vine"), today announced that it has entered into a letter of intent (the "LOI") with Adifex Holdings, LLC, a Delaware limited liability company ("Adifex"), and Adifex's to be acquired subsidiary, Amaze Software, Inc. ("Amaze"), for a potential business combination (the "Proposed Transaction"). The LOI is not a binding agreement, and it outlines the intent and preliminary terms of the Proposed Transaction. Under the terms and conditions of the LOI, Fresh Vine and Adifex intend to enter into a definitive agreement under which Fresh Vine will acquire 100% of the issued and outstanding membership int

CHARLOTTE, N.C., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Fresh Vine Wine Inc. (NYSE:VINE) ("Fresh Vine") today announced it has agreed with Notes Live, Inc. to terminate their previously announced merger agreement, originally announced on January 29, 2024, pursuant to which Notes Live would have combined with, and become a wholly-owned subsidiary of, Fresh Vine. The merger agreement provided for termination rights, subject to certain exceptions, in favor of either party if the merger contemplated by the merger agreement was not consummated by a July 31, 2024 end date. Conditions to the closing of the merger were not satisfied as of the end date and Notes Live indicated its desire to terminate th

"Ford Amphitheater" will be the most luxurious amphitheater in the Nation Ten-year term struck between Notes Live, Inc. dba Venu Holding Corporation, and Ford CHARLOTTE, N.C., June 05, 2024 (GLOBE NEWSWIRE) -- Fresh Vine Wine Inc. (NYSE:VINE) ("Fresh Vine") today announced that its merger partner live entertainment and hospitality company formally Notes Live, Inc. dba Venu Holding Corporation ("VENU") struck a ten-year naming rights term with Colorado Ford Dealers to the new outdoor amphitheater in Colorado Springs, Colorado. On June 4, 2024 — Ford (NYSE:F) has acquired the naming rights to the ultra-lux outdoor music venue coming to Colorado Springs. The highly anticipated music haven

CHARLOTTE, N.C., Feb. 29, 2024 (GLOBE NEWSWIRE) -- Fresh Vine Wine Inc (NYSE:AMERICAN) today announced that it has reached a marketing agreement with Splash Wines, Inc., the highest rated direct-to-consumer digital wine company in the USA. The agreement is designed to expand purchase opportunities for customers of both companies where Fresh Vine Wines focuses on sales of premium low carb wines from California, and Splash features wine from international sources. "This is all about the benefits to our customers. Splash is a great company with a tremendously loyal customer base as evidenced by over 29,000 five-star reviews," states Michael Pruitt, Fresh Vine's Chairman and CEO. "We are exci

CHARLOTTE, N.C., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Fresh Vine Wine Inc. (NYSE:VINE) ("Fresh Vine") today announced that it will hold a fireside chat with JW Roth, the CEO of Notes Live. The Company previously announced it had executed a definitive merger agreement (the "Merger Agreement") to combine with Notes Live, Inc. ("Notes Live"), the Colorado-based live entertainment and hospitality company, that currently operates entertainment campuses in both the Colorado Springs, Colorado, and Atlanta, Georgia metropolitan areas. Notes Live recently announced that OneRepublic will headline its Sunset Amphitheater's Grand Opening on Friday, August 9th. Booked exclusively in partnership with lead

CHARLOTTE, N.C., Feb. 01, 2024 (GLOBE NEWSWIRE) -- Fresh Vine Wine Inc. (NYSE:VINE) ("Fresh Vine") previously announced it had executed a definitive merger agreement (the "Merger Agreement") to combine with Notes Live, Inc. ("Notes Live"), the Colorado-based live entertainment and hospitality company, that currently operates entertainment campuses in both the Colorado Springs, Colorado, and Atlanta, Georgia metropolitan areas. Notes Live today announced that OneRepublic will headline its Sunset Amphitheater's Grand Opening on Friday, August 9th. Booked exclusively in partnership with leading concert promoter AEG Presents, the ultra-deluxe Sunset will boast an 8,000-person capacity wit

Founder of Notes Live, JW Roth, to Assume Role of Chairman & CEO Transaction Anticipated To Close In June 2024 CHARLOTTE, N.C., Jan. 29, 2024 (GLOBE NEWSWIRE) --  Fresh Vine Wine Inc. (NYSE:VINE) ("Fresh Vine") today announced it has executed a definitive merger agreement (the "Merger Agreement") to combine with Notes Live, Inc. ("Notes Live"), the Colorado-based live entertainment and hospitality company, that currently operates entertainment campuses in both the Colorado Springs, Colorado, and Atlanta, Georgia metropolitan areas. Notes Live is also in the process of developing its crown-jewel, the Sunset Amphitheater collection, a set of luxury outdoor amphitheaters designed to set a

CHARLOTTE, N.C., Dec. 04, 2023 (GLOBE NEWSWIRE) -- Fresh Vine Wine Inc. (NYSE:VINE) ("Fresh Vine") today announced it has entered into a non-binding letter of intent for a business combination transaction with Notes Live, Inc. ("Notes Live"), the Colorado-based live entertainment and hospitality company that currently operates venues in Colorado Springs and the Atlanta metropolitan area. Notes Live is also in the process of developing the Sunset Amphitheatre, a luxury open-air music and entertainment amphitheater in Colorado Springs, is actively engaging in additional developments in Oklahoma City and Broken Arrow, Oklahoma, and plans to expand in the North Texas market. It is anticipated

CHARLOTTE, N.C., Nov. 27, 2023 (GLOBE NEWSWIRE) -- On November 21, 2023, Fresh Vine Wine Inc. (NYSE:VINE) (the "Company") received notification (the "Acceptance Letter") from NYSE American LLC ("NYSE American") that the Company's plan to regain compliance with NYSE American's listing standards was accepted. As previously disclosed, on September 8, 2023, the Company received notice from NYSE American stating that the Company was not in compliance with the $4.0 million stockholders' equity requirement of Section 1003(a)(ii) of the NYSE American Company Guide (the "Company Guide"). That section applies if a listed company has stockholders' equity of less than $4 million and has reported losse

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MINNEAPOLIS, July 31, 2023 (GLOBE NEWSWIRE) -- Fresh Vine Wine Inc. (NYSE:VINE) today announced that it received a Notice (the "Notice") on July 27, 2023 from the NYSE American LLC (the "NYSE American") stating that the Company was not in compliance with the continued listing standards as set forth in Section 803B (2) of the NYSE American Company Guide ("Company Guide"), relating to the composition of its audit committee. On July 19, 2023, the Company's Board of Directors appointed Michael Pruitt, the Non-Executive Chair of the Company's Board of Directors, to serve as Interim Chief Executive Officer. As a result of such interim appointment, Mr. Pruitt ceased serving as one of two members

MINNEAPOLIS, May 31, 2023 (GLOBE NEWSWIRE) -- Fresh Vine Wine Inc. (NYSE:VINE) today announced the appointment of Hitesh Dheri as Chief Financial Officer and Secretary, effective May 25, 2023. The company also reported, as required by Section 711(a) of the NYSE American Company Guide (the "Company Guide"), the grant of equity inducement awards to Jamey Whetstone, who commenced employment as the Company's Executive Vice President of Sales and Marketing on May 11, 2023, and Hitesh Dheri. The awards were offered as inducements material to the hiring of Messrs. Whetstone and Dheri. Roger Cockroft, Chief Executive Officer commented on the appointment of Mr. Dheri, "I committed to putting a new

MINNEAPOLIS, Oct. 06, 2022 (GLOBE NEWSWIRE) -- Fresh Vine Wine, Inc. (NYSE:VINE), the premier producer of lower carb, lower sugar, and lower calorie premium wines in the United States, today announced that the Company has appointed James Spellmire as Chief Financial Officer. Spellmire joins the Fresh Vine Wine executive team where he will be responsible for oversight of all the Company's financial operation as well as tasked with aiding in the development and implementation of strategies to improve cash flow management and profitability as the company enters a period of rapid expansion. "We are very pleased to welcome Jim to the Fresh Vine Wine executive team," said Damian Novak, Execut

With Executive Team Strengthened, Elliot Savoie Now to Head Corporate Development and Ventures MINNEAPOLIS, April 5, 2022 /PRNewswire/ -- Fresh Vine Wine, Inc. (NYSE:VINE), the premier producer of lower carb, lower sugar, and lower calorie premium wines in the United States, today announced the appointment of Ellen Scipta as Chief Financial Officer.  As a key member of the Fresh Vine Wine executive leadership team, Ms. Scipta will lead the company's accounting and financial operations and aid in Fresh Vine Wine's continued accelerated growth.  Elliot Savoie, who had been serving as Fresh Vine Wine's CFO since its IPO, has transitioned to Head of Corporate Development and Ventures.

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The Transaction will be an all-stock transaction. Specifically, at the closing of the Transaction, Fresh Vine will issue shares of its common stock to Notes Live shareholders pursuant to a formula intended to allocate existing Fresh Vine stockholders and Notes Live shareholders a percentage of the combined company. The respective percentages will be based on agreed upon relative valuations in which Notes Live is being valued at $350 million, plus the amount of gross proceeds raised by Notes Live in its current equity offering of up to $50 million, and Fresh Vine is being valued at $18.0 million. The percentage of the combined company that Fresh Vine stockholders will own upon the closing of

Fresh Vine Wine Inc (NASDAQ:VINE) shares are trading lower by 9.5% to $0.71 during Monday's session after the company announced plans to merge with Notes Live, a live entertainment company with venues in Colorado and Atlanta. This non-binding agreement aims to finalize details by early 2024, with Notes Live expected to own a significant portion of Fresh Vine's shares post-merger. The deal depends on due diligence, financial conditions, stock exchange approval and other standard procedures. While both parties are enthusiastic about the potential, the agreement isn't finalized yet. According to data from Benzinga Pro, VINE has a 52-week high of $1.99 and a 52-week low of $0.21.

Fresh Vine Wine Inc. (NYSE:VINE) ("Fresh Vine") today announced it has entered into a non-binding letter of intent for a business combination transaction with Notes Live, Inc. ("Notes Live"), the Colorado-based live entertainment and hospitality company that currently operates venues in Colorado Springs and the Atlanta metropolitan area. Notes Live is also in the process of developing the Sunset Amphitheatre, a luxury open-air music and entertainment amphitheater in Colorado Springs, is actively engaging in additional developments in Oklahoma City and Broken Arrow, Oklahoma, and plans to expand in the North Texas market. It is anticipated that a definitive agreement will be executed by Janua

On November 21, 2023, Fresh Vine Wine Inc. (NYSE:VINE) (the "Company") received notification (the "Acceptance Letter") from NYSE American LLC ("NYSE American") that the Company's plan to regain compliance with NYSE American's listing standards was accepted. As previously disclosed, on September 8, 2023, the Company received notice from NYSE American stating that the Company was not in compliance with the $4.0 million stockholders' equity requirement of Section 1003(a)(ii) of the NYSE American Company Guide (the "Company Guide"). That section applies if a listed company has stockholders' equity of less than $4 million and has reported losses from continuing operations and/or net losses in thr

Fresh Vine Wine, Inc. (NYSE:VINE) today announced that it has submitted a plan of compliance to NYSE American LLC ("NYSE American") addressing how the Company intends to regain compliance with NYSE American's minimum stockholders' equity requirements for continued listing. The Company previously announced that it had received notice from NYSE American that it was not in compliance with the continued listing standard set forth in Section 1003(a)(ii) of the NYSE American Company Guide (the "Company Guide"), which requires a listed company that has reported losses from continuing operations and/or net losses in three of its four most recent fiscal years to maintain at least $4 million of stockh

Gainers Near Intelligence, Inc. (NASDAQ:NIR) shares rose 34.1% to $0.2801 in pre-market trading after falling 42% on Wednesday. Near Intelligence recently named its General Counsel, Jay Angelo, to also serve as the company’s Chief Privacy Officer. Neptune Wellness Solutions Inc. (NASDAQ:NEPT) shares rose 28.5% to $5.03 in pre-market trading after falling 11% on Wednesday. Neptune Wellness announced intention to spinout Sprout Organics pursuant to the Morgan Stanley agreed to transaction. Murphy Canyon Acquisition Corp. (NASDAQ:MURF) shares rose 32.4% to $17.00 in pre-market trading. Murphy Canyon Acquisition reported stockholder approval of the proposed combination with Conduit Pharmace

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The Nasdaq 100 closed slightly higher on Friday. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company’s prospects or that they view the stock as being overpriced. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision. Below is a look at a few recent notable insider sales. For more, check out Benzinga's insider transactions platform. Navitas Semiconductor The Trade: Navitas Semiconductor Corporation (NASDAQ:NVTS) CEO and President Eugene Sheridan sold a total of 33,532

Fresh Vine Wine Inc (NASDAQ:VINE) shares are trading higher by 16.1% to $0.51 Thursday morning after the company announced an exploration of strategic opportunities to maximize shareholder value. The company has announced the commencement of a strategic review, including mergers, acquisitions and other strategic options, aimed at augmenting shareholder value. Mike Pruitt, Interim Chief Executive Officer, stated that the exploration reflects the company's commitment to shareholder interests and assured timely updates. However, outcomes are uncertain and no specific timeline has been set for completion. Fresh Vine Wine says the company has enlisted Oak Ridge Financial as its exclusive Inves