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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
10-Q - Fresh Vine Wine, Inc. (0001880343) (Filer)
RW - Fresh Vine Wine, Inc. (0001880343) (Filer)
8-K - Fresh Vine Wine, Inc. (0001880343) (Filer)
SC 13G/A - Fresh Vine Wine, Inc. (0001880343) (Subject)
SC 13D/A - Fresh Vine Wine, Inc. (0001880343) (Subject)
SC 13G/A - Fresh Vine Wine, Inc. (0001880343) (Subject)
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
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.
4 - Fresh Vine Wine, Inc. (0001880343) (Issuer)
4 - Fresh Vine Wine, Inc. (0001880343) (Issuer)
4 - Fresh Vine Wine, Inc. (0001880343) (Issuer)