Gaucho Group Investor Increases Potential Stake to 9.99%
Company Announcements

Gaucho Group Investor Increases Potential Stake to 9.99%

Gaucho Group Holdings Inc (VINO) has released an update to notify the public and investors about a regulation fd disclosure.

Starting February 5, 2024, an investor in Gaucho Group Holdings, Inc. has chosen to almost double their potential stake in the company, going from a cap of 4.99% to 9.99% ownership. This change, which stems from the Senior Secured Convertible Note agreement made in February 2023, will take effect 61 days after the company has been notified by the investor.

For further insights into VINO stock, check out TipRanks’ Stock Analysis page.

For a comprehensive understanding of the announcement, you can read the full document here.

Related Articles
TheFlyGaucho Group announces milestone in wine sales performance
TheFlyGaucho Group’s Algodon Fine Wines introduces winemaker’s selection to the U.S.
TheFlyGaucho Group’s Algodon Fine Wines unveils newest vintages in the U.S.
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App