VINE

Fresh Vine Wine Merger Partner Notes Live Chooses McKinney, TX for Largest Venue Yet: Iconic 20,000-Capacity, State-of-the-Art Concert Amphitheater

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星期三, 三月 13, 2024

CHARLOTTE, N.C., March 13, 2024 (GLOBE NEWSWIRE) -- Fresh Vine Wine Inc. (NYSE American: VINE) (“Fresh Vine”) today announced that its merger partner Notes Live will build the largest venue in its collection – a 20,000-capacity, world-class $220-million-dollar open-air amphitheater – in McKinney, Texas. One of America’s fastest-growing cities and a major hub in the Dallas-Fort Worth area, McKinney has it all – besides a first-rate place to see a concert – and this amphitheater is going to change that. Called the Sunset Amphitheater, it will put McKinney on the map as a prime touring destination for the biggest national acts coming through the South, and it will also set a new standard for what Texas music venues can be. Bringing this world-class venue to McKinney was a joint effort by the city, the McKinney Economic Development Corporation, and the McKinney Community Development Corporation.

Key Points: 
  • CHARLOTTE, N.C., March 13, 2024 (GLOBE NEWSWIRE) -- Fresh Vine Wine Inc. (NYSE American: VINE) (“Fresh Vine”) today announced that its merger partner Notes Live will build the largest venue in its collection – a 20,000-capacity, world-class $220-million-dollar open-air amphitheater – in McKinney, Texas.
  • Bringing this world-class venue to McKinney was a joint effort by the city, the McKinney Economic Development Corporation, and the McKinney Community Development Corporation.
  • “I couldn’t be more excited to be bringing our biggest venue to date to McKinney, Texas,” says JW Roth, Founder and CEO of Notes Live.
  • In addition to having two Notes Live venues named to Billboard's "New and Renovated Venues List," JW Roth has also been named a "VenuesNow All Star."

Fresh Vine Wine Announces Fireside Chat with JW Roth, CEO of Notes Live on February 29th, at 2:00pm EST

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星期二, 二月 20, 2024

CHARLOTTE, N.C., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Fresh Vine Wine Inc. (NYSE American: VINE) (“Fresh Vine”) today announced that it will hold a fireside chat with JW Roth, the CEO of Notes Live.

Key Points: 
  • CHARLOTTE, N.C., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Fresh Vine Wine Inc. (NYSE American: VINE) (“Fresh Vine”) today announced that it will hold a fireside chat with JW Roth, the CEO of Notes Live.
  • Notes Live recently announced that OneRepublic will headline its Sunset Amphitheater's Grand Opening on Friday, August 9th.
  • With gourmet dining/drink options, crystal-clear sound, and other premium touches, the $90,000,000 entertainment campus will showcase Notes Live CEO JW Roth’s vision for what best-in-class live music and nightlife can be.
  • The fireside chat will be led by Fresh Vine’s Chairman and CEO Michael Pruitt where he will be discussing JW’s vision for Notes Live and recent initiatives on behalf of shareholders of both companies.

OneRepublic to Play Grand Opening of Sunset Amphitheater in Colorado Springs, Friday, August 9th, 2024

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星期四, 二月 1, 2024

Notes Live today announced that OneRepublic will headline its Sunset Amphitheater's Grand Opening on Friday, August 9th.

Key Points: 
  • Notes Live today announced that OneRepublic will headline its Sunset Amphitheater's Grand Opening on Friday, August 9th.
  • OneRepublic is a Grammy-nominated American pop-rock band formed in Colorado Springs, Colorado, in 2002.
  • Fair AXS Pre-sale registration for the highly anticipated Grand Opening is now open with general on-sale to follow on Saturday, February 10th, 2024.
  • The band’s Sunset Amphitheater performance is their first-announced North American tour date of 2024 and will follow shows in Macau, Bahrain, and India earlier in the year.

Fresh Vine Wine, Inc. Signs Definitive Agreement To Acquire Live Entertainment Company Notes Live, Inc.

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星期一, 一月 29, 2024

CHARLOTTE, N.C., Jan. 29, 2024 (GLOBE NEWSWIRE) --  Fresh Vine Wine Inc. (NYSE American: VINE) (“Fresh Vine”) today announced it has executed a definitive merger agreement (the “Merger Agreement”) to combine with Notes Live, Inc. (“Notes Live”), the Colorado-based live entertainment and hospitality company, that currently operates entertainment campuses in both the Colorado Springs, Colorado, and Atlanta, Georgia metropolitan areas. Notes Live is also in the process of developing its crown-jewel, the Sunset Amphitheater collection, a set of luxury outdoor amphitheaters designed to set a new standard in entertainment. The flagship Sunset amphitheater location in Colorado Springs is in development and scheduled to open in August of 2024. Additional amphitheaters have also been announced by Notes Live in Oklahoma City and Broken Arrow, Oklahoma, and it has plans to expand into the North Texas market. The transaction contemplated by the Merger Agreement (“Transaction”) is anticipated to close in June 2024, subject to approval by Fresh Vine’s stockholders, and the satisfaction of various additional closing conditions.

Key Points: 
  • CHARLOTTE, N.C., Jan. 29, 2024 (GLOBE NEWSWIRE) --  Fresh Vine Wine Inc. (NYSE American: VINE) (“Fresh Vine”) today announced it has executed a definitive merger agreement (the “Merger Agreement”) to combine with Notes Live, Inc. (“Notes Live”), the Colorado-based live entertainment and hospitality company, that currently operates entertainment campuses in both the Colorado Springs, Colorado, and Atlanta, Georgia metropolitan areas.
  • Specifically, at the closing of the Transaction, Fresh Vine will issue shares of its common stock to Notes Live shareholders pursuant to a formula intended to allocate existing Fresh Vine stockholders and Notes Live shareholders a percentage of the combined company.
  • The Merger Agreement contemplates that Fresh Vine will change its name to Notes Live Holdings, Inc., and its NYSE American ticker symbol to “VENU” upon closing.
  • Mike and his team join a chorus of world class partners in the Notes Live family,” said JW Roth, Founder, Chairman and CEO of Notes Live.

Fresh Vine Wine, Inc. Enters Into Letter of Intent With Live Entertainment and Hospitality Company Notes Live, Inc.

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星期一, 十二月 4, 2023

CHARLOTTE, N.C., Dec. 04, 2023 (GLOBE NEWSWIRE) -- Fresh Vine Wine Inc. (NYSE American: VINE) (“Fresh Vine”) today announced it has entered into a non-binding letter of intent for a business combination transaction with Notes Live, Inc. (“Notes Live"), the Colorado-based live entertainment and hospitality company that currently operates venues in Colorado Springs and the Atlanta metropolitan area.

Key Points: 
  • CHARLOTTE, N.C., Dec. 04, 2023 (GLOBE NEWSWIRE) -- Fresh Vine Wine Inc. (NYSE American: VINE) (“Fresh Vine”) today announced it has entered into a non-binding letter of intent for a business combination transaction with Notes Live, Inc. (“Notes Live"), the Colorado-based live entertainment and hospitality company that currently operates venues in Colorado Springs and the Atlanta metropolitan area.
  • The letter of intent contemplates Fresh Vine combining with Notes Live through a merger transaction or other legal structure that is to be determined in connection with reaching a definitive agreement.
  • In connection with entering into the letter of intent, Fresh Vine agreed to make a $500,000 equity investment in Notes Lives.
  • Fresh Vines’ equity investment may be refundable under certain circumstances if Notes Live elects not to proceed with the transaction.

Fresh Vine Wine, Inc. Receives Acceptance Letter from NYSE American

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星期一, 十一月 27, 2023

CHARLOTTE, N.C., Nov. 27, 2023 (GLOBE NEWSWIRE) -- On November 21, 2023, Fresh Vine Wine Inc. (NYSE American: VINE) (the “Company”) received notification (the “Acceptance Letter”) from NYSE American LLC (“NYSE American”) that the Company’s plan to regain compliance with NYSE American’s listing standards was accepted.

Key Points: 
  • CHARLOTTE, N.C., Nov. 27, 2023 (GLOBE NEWSWIRE) -- On November 21, 2023, Fresh Vine Wine Inc. (NYSE American: VINE) (the “Company”) received notification (the “Acceptance Letter”) from NYSE American LLC (“NYSE American”) that the Company’s plan to regain compliance with NYSE American’s listing standards was accepted.
  • As previously disclosed, on September 8, 2023, the Company received notice from NYSE American stating that the Company was not in compliance with the $4.0 million stockholders’ equity requirement of Section 1003(a)(ii) of the NYSE American Company Guide (the “Company Guide”).
  • As required by NYSE American, the Company submitted a plan to NYSE American advising of actions it has taken or will take to regain compliance with the continued listing standards March 8, 2025.
  • The additional NYSE American notice does not affect the Company’s business, operations or reporting requirements with the U.S. Securities and Exchange Commission.

Fresh Vine Wine, Inc. Submits Plan of Compliance to NYSE American

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星期二, 十月 17, 2023

MINNEAPOLIS, Oct. 17, 2023 (GLOBE NEWSWIRE) -- Fresh Vine Wine, Inc. (NYSE American: VINE) today announced that it has submitted a plan of compliance to NYSE American LLC (“NYSE American”) addressing how the Company intends to regain compliance with NYSE American’s minimum stockholders’ equity requirements for continued listing.

Key Points: 
  • MINNEAPOLIS, Oct. 17, 2023 (GLOBE NEWSWIRE) -- Fresh Vine Wine, Inc. (NYSE American: VINE) today announced that it has submitted a plan of compliance to NYSE American LLC (“NYSE American”) addressing how the Company intends to regain compliance with NYSE American’s minimum stockholders’ equity requirements for continued listing.
  • If the Company’s plan is accepted by NYSE American, the Company will have until March 8, 2025 to regain compliance (or sooner if the NYSE American determines that the nature and circumstances of the Company’s continued listing status warrant a shorter period of time) and will be subject to periodic NYSE American reviews, including quarterly monitoring for compliance with the plan.
  • In addition, if the plan is accepted by NYSE American, but the Company is not in compliance with the continued listing standards by compliance deadline, or if the Company does not make progress consistent with the plan, the Company will be subject to delisting proceedings.
  • We have and continue to evaluate, a number of opportunities that we believe would allow us to regain compliance with the NYSE American continued listing requirements and create value for our shareholders.”

Fresh Vine Wine, Inc. Receives NYSE American Noncompliance Notice

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星期三, 九月 13, 2023

MINNEAPOLIS, Sept. 13, 2023 (GLOBE NEWSWIRE) -- Fresh Vine Wine Inc. (NYSE American: VINE) today announced that it received notice from NYSE American LLC ("NYSE American") on September 8, 2023 that it is not in compliance with the continued listing standard set forth in Section 1003(a)(ii) of the NYSE American Company Guide (the "Company Guide").

Key Points: 
  • MINNEAPOLIS, Sept. 13, 2023 (GLOBE NEWSWIRE) -- Fresh Vine Wine Inc. (NYSE American: VINE) today announced that it received notice from NYSE American LLC ("NYSE American") on September 8, 2023 that it is not in compliance with the continued listing standard set forth in Section 1003(a)(ii) of the NYSE American Company Guide (the "Company Guide").
  • The Company’s management is pursuing options to address the deficiency and intends to prepare and timely submit a compliance plan to NYSE American.
  • The Company will have the right to appeal any delisting determination made by NYSE American staff.
  • If the plan is accepted, the Company will be subject to periodic NYSE American reviews, including quarterly monitoring for compliance with the plan.

Fresh Vine Wine, Inc. Announces Exploration of Strategic Opportunities to Maximize Shareholder Value

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星期四, 八月 24, 2023

MINNEAPOLIS, Aug. 24, 2023 (GLOBE NEWSWIRE) -- Fresh Vine Wine Inc. (NYSE American: VINE) today announced that its board of directors has initiated an exploration of strategic opportunities by way of merger, acquisition, or any accretive strategic transaction to enhance shareholder value.

Key Points: 
  • MINNEAPOLIS, Aug. 24, 2023 (GLOBE NEWSWIRE) -- Fresh Vine Wine Inc. (NYSE American: VINE) today announced that its board of directors has initiated an exploration of strategic opportunities by way of merger, acquisition, or any accretive strategic transaction to enhance shareholder value.
  • “We believe it’s in the best interest of our shareholders to investigate a range of strategic alternatives.
  • There can be no assurance that this process will result in the company pursuing a particular transaction or other strategic outcome.
  • Fresh Vine Wine has not set a timetable for completion of this process.

Fresh Vine Wine, Inc. Receives NYSE American Notice

Retrieved on: 
星期一, 七月 31, 2023

MINNEAPOLIS, July 31, 2023 (GLOBE NEWSWIRE) -- Fresh Vine Wine Inc. (NYSE American: VINE) today announced that it received a Notice (the “Notice”) on July 27, 2023 from the NYSE American LLC (the “NYSE American”) stating that the Company was not in compliance with the continued listing standards as set forth in Section 803B (2) of the NYSE American Company Guide (“Company Guide”), relating to the composition of its audit committee.

Key Points: 
  • MINNEAPOLIS, July 31, 2023 (GLOBE NEWSWIRE) -- Fresh Vine Wine Inc. (NYSE American: VINE) today announced that it received a Notice (the “Notice”) on July 27, 2023 from the NYSE American LLC (the “NYSE American”) stating that the Company was not in compliance with the continued listing standards as set forth in Section 803B (2) of the NYSE American Company Guide (“Company Guide”), relating to the composition of its audit committee.
  • As a result of such interim appointment, Mr. Pruitt ceased serving as one of two members of the Company’s audit committee because he is not considered an independent director under Section 803A of the NYSE American Company Guide while serving as Chief Executive Officer.
  • As a result, on July 27, 2023, the Company received the Notice, indicating that the Company was not in compliance with the NYSE American continued listing standards set forth in Section 801(h) and 803B(2)(c) of the NYSE American Company Guide because its audit committee was not comprised of at least two members.
  • As a result of such appointment, on July 28, 2023, the Company received a letter from the NYSE American stating that the Company has resolved the deficiency set forth in the Notice and has regained compliance with the NYSE American’s audit committee composition requirements.