Vintage Wine Estates Addresses Compliance and Leadership Changes

The latest announcement is out from Vintage Wine Estates (VWE).

Vintage Wine Estates, Inc. is facing a compliance issue with Nasdaq after failing to file its quarterly report on time, but the trading of its stock remains unaffected. The company has been given 60 days to present a plan to regain compliance and anticipates meeting the requirement within that period. Additionally, the company’s COO, Zach Long, has resigned, and a press release concerning these matters has been issued.

For detailed information about VWE stock, go to TipRanks’ Stock Analysis page.