ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

VINO Gaucho Group Holdings Inc

1.39
0.00 (0.00%)
20 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Gaucho Group Holdings Inc NASDAQ:VINO NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.39 1.27 1.42 0 00:00:00

Form 8-K - Current report

27/11/2024 1:30pm

Edgar (US Regulatory)


false 0001559998 0001559998 2024-11-27 2024-11-27 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report:

November 27, 2024

 

Gaucho Group Holdings, Inc.

(Exact name of registrant as specified in its charter)

 

Delaware   001-40075   52-2158952

State of

Incorporation

 

Commission

File Number

 

IRS Employer

Identification No.

 

1111 Lincoln Road, Suite 500

Miami, FL 33139

Address of principal executive offices

 

212-739-7700

Telephone number, including area code

 

 

Former name or former address if changed since last report

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

  Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
     
  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
     
  Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
     
  Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock   VINOQ   The Nasdaq Stock Market LLC

 

 

 

 
 

 

Item 8.01 Other Events

 

On November 27, 2024, the Company sent out a press release announcing an update on the timing of filing its Quarterly Report on Form 10-Q for the period ended September 30, 2024. The full text of the press release referenced herein is furnished hereto as Exhibit 99.1, and incorporated herein by reference.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits

 

99.1   Press release dated November 27, 2024
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 
 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized, on the 27th day of November 2024.

 

  Gaucho Group Holdings, Inc.
     
  By: /s/Scott L. Mathis
    Scott L. Mathis, President & CEO

 

 

 

Exhibit 99.1

 

GAUCHO GROUP HOLDINGS, INC. PROVIDES UPDATE ON QUARTERLY REPORT FILING

 

MIAMI, FL / November 27, 2024 / Gaucho Group Holdings, Inc. (OTC:VINOQ), a company that includes a growing collection of e-commerce platforms with a concentration on fine wines, luxury real estate, and leather goods and accessories (the “Company” or “Gaucho Holdings”), today provided an update to the timing of filing its Form 10-Q for the quarter ended September 30, 2024 with the Securities and Exchange Commission (SEC). The delay is primarily attributed to the additional requirements and considerations stemming from the Company’s recent filing of a voluntary Chapter 11 petition in the U.S. Bankruptcy Court for the Southern District of Florida.

 

The Company is actively working with its advisors to address all necessary procedural and compliance matters associated with its Chapter 11 case. Despite these challenges, Gaucho Holdings remains focused on maintaining transparency with stakeholders throughout the process. The Company anticipates filing its Form 10-Q with the SEC within the next three weeks.

 

The Chapter 11 petition, filed in accordance with U.S. Bankruptcy Code provisions, allows Gaucho Holdings to reorganize its operations and assess its strategic path forward. This process includes rigorous financial reviews, which have contributed to the delay in completing the Company’s quarterly reporting requirements.

 

Gaucho Holdings appreciates the patience and understanding of its stockholders and business partners as it navigates this period. The Company will continue to provide updates as material developments occur.

 

About Gaucho Group Holdings, Inc.

 

For more than ten years, Gaucho Group Holdings, Inc.’s (gauchoholdings.com) mission has been to source and develop opportunities in Argentina’s undervalued luxury real estate and consumer marketplace. Our company has positioned itself to take advantage of the continued and fast growth of global e-commerce across multiple market sectors, with the goal of becoming a leader in diversified luxury goods and experiences in sought after lifestyle industries and retail landscapes. With a concentration on fine wines (algodonfinewines.com & algodonwines.com.ar), hospitality (algodonhotels.com), and luxury real estate (algodonwineestates.com) associated with our proprietary Algodon brand, as well as the leather goods, ready-to-wear and accessories of the fashion brand Gaucho – Buenos Aires® (gaucho.com), these are the luxury brands in which Argentina finds its contemporary expression.

 

Cautionary Note Regarding Forward-Looking Statements

 

The information discussed in this press release includes “forward looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical facts, included herein concerning, among other things, changes to exchange rates and their impact on the Company, planned capital expenditures, future cash flows and borrowings, pursuit of potential acquisition opportunities, our financial position, business strategy and other plans and objectives for future operations, are forward looking statements. Although we believe that the expectations reflected in these forward-looking statements are reasonable, they do involve certain assumptions, risks and uncertainties and are not (and should not be considered to be) guarantees of future performance. Refer to our risk factors set forth in our reports filed on Edgar. The Company disclaims any obligation to update any forward-looking statement made here.

 

Media Relations:

 

Gaucho Group Holdings, Inc.

Rick Stear

Director of Marketing

212.739.7669

rstear@gauchoholdings.com

 

 

v3.24.3
Cover
Nov. 27, 2024
Cover [Abstract]  
Document Type 8-K
Amendment Flag false
Document Period End Date Nov. 27, 2024
Entity File Number 001-40075
Entity Registrant Name Gaucho Group Holdings, Inc.
Entity Central Index Key 0001559998
Entity Tax Identification Number 52-2158952
Entity Incorporation, State or Country Code DE
Entity Address, Address Line One 1111 Lincoln Road
Entity Address, Address Line Two Suite 500
Entity Address, City or Town Miami
Entity Address, State or Province FL
Entity Address, Postal Zip Code 33139
City Area Code 212
Local Phone Number 739-7700
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common Stock
Trading Symbol VINOQ
Security Exchange Name NASDAQ
Entity Emerging Growth Company true
Elected Not To Use the Extended Transition Period false

1 Year Gaucho Chart

1 Year Gaucho Chart

1 Month Gaucho Chart

1 Month Gaucho Chart

Your Recent History

Delayed Upgrade Clock