Quantisnow Logo
Dashboard

SEC Form SC 13G/A filed by Vintage Wine Estates Inc. (Amendment)

$VWE
Beverages (Production/Distribution)
Consumer Staples
Get the next $VWE alert in real time by email
SC 13G/A 1 vwe1222.txt SCHEDULE 13G Amendment No. 2 Name of Issuer: Vintage Wine Estates, Inc. Title of Class of Securities: Common Stock CUSIP Number: 92747V106 Item 1: Reporting Person: Wasatch Advisors, Inc. 87-0319391 Item 2: Check Box If Member of Group: Not Applicable Item 3: SEC Use Item 4: Place of Organization: Utah Items 5-8: Number of Shares Owned With: Item 5: Sole Voting Power: 11,412,393 Item 6: Shared Voting Power: 0 Item 7: Sole Dispositive Power: 11,412,393 Item 8: Shared Dispositive Power: 0 Item 9: Aggregate Amount Owned: 11,412,393 Item 10: Check Box If Aggregate Amount Excludes Certain Shares: N/A Item 11: Percent of Class Owned: 18.5% Item 12: Type of Reporting Person: IA Item 1(a): Name of Issuer: Vintage Wine Estates, Inc. Item l(b): Address of Issuer: 937 Tahoe Blvd., Incline Village, NV, 89451 Item 2(a): Name of Person Filing: Wasatch Advisors, Inc. Item 2(b): Address: 505 Wakara Way, Salt Lake City, UT 84108 Item 2(c): Citizenship: Not Applicable Item 2(d): Title of Class of Securities: Common Stock Item 2(e): CUSIP Number: 92747V106 Item 3(e): Investment Adviser registered under section 203 of the Investment Advisers Act of 1940 Item 4(a): Amount Owned: 11,412,393 Item 4(b): Percent of Class Owned: 18.5% Item 4(c)(i): Sole Voting Power: 11,412,393 Item 4(c)(ii): Shared Voting Power: 0 Item 4(c)(iii): Sole Dispositive Power: 11,412,393 Item 4(c)(iv): Shared Dispositive Power: 0 Item 5: Check Box If Ownership Is 5% or Less of Class: [ ] Item 6. Ownership of More Than 5% on Behalf of Another Person: N/A Item 7: Identification of Subsidiary: Not Applicable Item 8: Identification of Members of Group: Not Applicable Item 9: Notice of Dissolution of Group: Not Applicable Item 10: Certification: By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purpose or effect. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct as of November 30, 2022. Date: 12/12/22 Signature: /s/JB Taylor Name/Title: JB Taylor/CEO
Get the next $VWE alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$VWE

DatePrice TargetRatingAnalyst
2/9/2023$2.00 → $1.00Hold → Sell
Canaccord Genuity
2/9/2023$3.50 → $1.50Market Perform → Underperform
Telsey Advisory Group
12/9/2022$3.50Market Perform → Outperform
Telsey Advisory Group
11/10/2022$3.00Buy → Neutral
DA Davidson
10/4/2022$9.00 → $3.00Buy → Neutral
DA Davidson
9/14/2022$15.00 → $5.50Buy → Hold
Canaccord Genuity
9/14/2022$12.00 → $6.00Outperform → Market Perform
Telsey Advisory Group
8/2/2022$10.00 → $9.00Buy
Citigroup
More analyst ratings

$VWE
 Press Releases

Fastest customizable press release news feed in the world

See more

  • Vintage Wine Estates, Inc. Announces Bankruptcy Filing and Voluntary Delisting and SEC Deregistration

    Chapter 11 filing is intended to enable Company to address debt obligations and pursue asset sales $60.5 million debtor-in-possession financing Sale of Cosentino real property and equipment with proceeds of $10.5 million Vintage Wine Estates, Inc. (NASDAQ:VWE) (the "Company") announced today that the Company and certain of its subsidiaries (such subsidiaries, each a "Debtor," and together with the Company, the "Debtors") filed a voluntary petition for reorganization (collectively, the "Chapter 11 Cases") under chapter 11 of title 11 of the United States Code (the "Bankruptcy Code") in the United States Bankruptcy Court for the District of Delaware (the "Bankruptcy Court"). This pr

    $VWE
    Beverages (Production/Distribution)
    Consumer Staples

  • Vintage Wine Announces Forbearance Agreement Extension with Lenders

    Vintage Wine Estates, Inc. (NASDAQ:VWE) (the "Company") today announced that the Company and its lender group have amended the amended and restated forbearance agreement dated April 2, 2024 (as amended, the "amended forbearance agreement") to extend the forbearance period to June 4, 2024. The lenders have also agreed to defer the $10 million principal payment previously due at May 15, 2024 to June 17, 2024. Under the amendment to the amended and restated forbearance agreement, the lender group has agreed to not exercise any rights and remedies until June 4, 2024, so long as the Company complies with the terms of the amended forbearance agreement and otherwise remains in compliance with th

    $VWE
    Beverages (Production/Distribution)
    Consumer Staples

  • Vintage Wine Estates Announces Appointment of Steven Strom to Board of Directors

    Brings extensive experience with financial restructurings, financings, and complex negotiations Vintage Wine Estates, Inc. (NASDAQ:VWE) ("VWE" or the "Company") today announced the appointment of Steven Strom to its Board of Directors, as of March 28, 2024. As an independent director, Mr. Strom will serve as the Chair of the Finance Committee, which also includes Robert L. Berner III, Mark Harms, Jon Moramarco and Patrick Roney. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240402236199/en/(Photo: Business Wire) "We are excited to add Steven's significant experience in completing challenging financings and financial restruc

    $VWE
    Beverages (Production/Distribution)
    Consumer Staples

$VWE
 Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

See more

$VWE
 Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

See more

$VWE
 Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

See more

$VWE
 SEC Filings

See more

$VWE
 Leadership Updates

Live Leadership Updates

See more

  • Vintage Wine Estates Announces Appointment of Steven Strom to Board of Directors

    Brings extensive experience with financial restructurings, financings, and complex negotiations Vintage Wine Estates, Inc. (NASDAQ:VWE) ("VWE" or the "Company") today announced the appointment of Steven Strom to its Board of Directors, as of March 28, 2024. As an independent director, Mr. Strom will serve as the Chair of the Finance Committee, which also includes Robert L. Berner III, Mark Harms, Jon Moramarco and Patrick Roney. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240402236199/en/(Photo: Business Wire) "We are excited to add Steven's significant experience in completing challenging financings and financial restruc

    $VWE
    Beverages (Production/Distribution)
    Consumer Staples

  • Vintage Wine Estates Names Ryan Watson as Chief Marketing Officer

    Selected to lead consumer-centric growth agenda and foster data-driven culture to define market opportunities, optimize portfolio strategy and strengthen brand desirability in-service of a virtuous marketing cycle Vintage Wine Estates, Inc. (NASDAQ:VWE) ("VWE" or the "Company"), one of the top wine producers in the U.S., today announced the appointment of Ryan Watson as Chief Marketing Officer ("CMO"). Mr. Watson joins VWE with nearly 20 years' experience in global, data-driven, consumer-oriented marketing and transformational strategies in both B2B and B2C verticals across a variety of industries. He will begin his duties on January 16, 2024. This press release features multimedia. View

    $VWE
    Beverages (Production/Distribution)
    Consumer Staples

  • Vintage Wine Estates Names Farzana Shubarna as Vice President of Operations

    Vintage Wine Estates, Inc. (NASDAQ:VWE) ("VWE" or the "Company"), one of the top wine producers in the U.S. with an industry leading direct-to-consumer platform, today announced the appointment of Farzana Shubarna in the newly created role of Vice President of Operations. Ms. Shubarna brings extensive international experience driving value creation from her strategic leadership roles in manufacturing, warehousing, sustainability programs and end-to-end supply chain operations for the fast-moving consumer goods and nutrition industries. "VWE is strategically looking for the highest level of talent in the marketplace today," said Zach Long, Chief Operations Officer, Vintage Wine Estates. "W

    $VWE
    Beverages (Production/Distribution)
    Consumer Staples

$VWE
 Financials

Live finance-specific insights

See more

  • Vintage Wine Estates Provides Update on Asset Sales as Company Progresses Towards Streamlined Business Model and Announces Forbearance Agreement with Lenders

    Leadership accelerating efforts to streamline business model with focus on branded Super Premium+ wine and cider across wholesale and direct-to-consumer ("DTC") channels Measurable progress on monetization of non-core production services and stand-alone DTC platforms to support debt reduction Lenders aligned on turnaround and restructuring plan; forbearance agreement provides time for amendment discussions Planning to report second quarter fiscal 2024 results on March 12, 2024 Vintage Wine Estates, Inc. (NASDAQ:VWE) ("VWE" or the "Company"), one of the top wine producers in the U.S., today provided an update on the business to include its progress with restructuring and a

    $VWE
    Beverages (Production/Distribution)
    Consumer Staples

  • Vintage Wine Estates Reports First Quarter Fiscal 2024 Results

    Vintage Wine Estates, Inc. (NASDAQ:VWE) ("VWE" or the "Company"), one of the top wine producers in the U.S. with an industry leading direct-to-consumer platform, today reported its financial results for the first three months of fiscal 2024 ended September 30, 2023 ("first quarter fiscal 2024"). Seth Kaufman, President and CEO commented, "These are exciting times for VWE, and I am pleased to be a part of the journey to turn the business around and define our new direction. While the business is beginning to stabilize, we still have much work to do. We will continue to execute the Five-Point Plan which defines our focus as we work through this transition year. We are intent upon driving im

    $VWE
    Beverages (Production/Distribution)
    Consumer Staples

  • Vintage Wine Estates Announces New President and CEO Completes First Week at VWE and to Present on First Quarter Fiscal 2024 Financial Results Conference Call and Webcast

    Seth Kaufman joined VWE as President and CEO on October 30, 2023, and brings extensive leadership experience from large consumer-oriented brand enterprises including his most recent role as President & CEO of Moët Hennessy Vintage Wine Estates, Inc. (NASDAQ:VWE) ("VWE" or the "Company"), one of the fastest-growing wine producers in the U.S. with an industry leading direct-to-customer platform, announced today that Seth Kaufman, President and CEO, completed his first week at VWE having joined the Company on October 30, 2023. For the last four years, Mr. Kaufman has been President & CEO of Moët Hennessy North America, the $2.5 billion North American wine & spirits business of LVMH (ENXTPA:

    $PEP
    $VWE
    Beverages (Production/Distribution)
    Consumer Staples

$VWE
 Large Ownership Changes

This live feed shows all institutional transactions in real time.

See more