Gaucho Group Holdings Inc (VINO) has released an update to notify the public and investors about the unregistered sales of equity securities.
Gaucho Group Holdings, Inc. recently advanced a private placement of common stock aiming to raise up to $4 million, with shares priced at a minimum of $0.60 each. On February 2, 2024, the company successfully issued over 121,000 shares, garnering nearly $73,000 in proceeds. This selective offering targeted a pre-vetted group of accredited investors, adhering to specific securities regulations, and continues to follow legal compliance with necessary filings.
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For a comprehensive understanding of the announcement, you can read the full document here.
