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Gaucho Group Holdings ( (VINO) ) has issued an announcement.
Gaucho Group Holdings has filed for Chapter 11 reorganization to protect its core assets amid challenging times, leading to its delisting from Nasdaq. The company plans to transition to over-the-counter trading under the symbol “VINOQ” by November 22, 2024. Gaucho aims to leverage Argentina’s improving economic landscape to preserve stockholder value and align its market valuation with asset worth, amidst favorable trends like the revival of the housing market and increased investor confidence.
Learn more about VINO stock on TipRanks’ Stock Analysis page.
