Fresh Vine Wine Changes Principal Executive Offices

TL;DR

Fresh Vine Wine moved its HQ to Charlotte, NC. Filing includes financials.

AI Summary

Fresh Vine Wine, Inc. filed an 8-K on March 20, 2024, reporting a change in its principal executive offices to P.O. Box 78984, Charlotte, NC 28271, effective March 14, 2024. This filing also includes financial statements and exhibits. The company was formerly known as FRESH GRAPES, LLC until August 26, 2021.

Why It Matters

This filing indicates a change in the company's operational headquarters, which could impact logistics and administrative functions.

Risk Assessment

Risk Level: low — The filing primarily concerns administrative changes and standard financial reporting, posing minimal immediate risk.

Key Players & Entities

• Fresh Vine Wine, Inc. (company) — Registrant
• Charlotte, NC (location) — New Principal Executive Offices
• March 14, 2024 (date) — Effective date of change
• March 20, 2024 (date) — Filing date
• FRESH GRAPES, LLC (company) — Former company name
• August 26, 2021 (date) — Date of name change

FAQ

Key Financial Figures

• $0.001 — ch registered Common stock, par value $0.001 per share VINE NYSE American Indi
• $100.00 — ed Shares") will have a stated value of $100.00 (the "Stated Value"). Rank; Liquidatio
• $0.45 — purposes, the "Conversion Price" means $0.45. However, if the Company's common stock
• $0 — thereafter will mean the lesser of (i) $0.45, or (ii) the closing sale price of t
• $0.05 — Conversion Price shall not be less than $0.05 (the "Floor Price"). The Conversion Pri

Filing Documents

• ea0202158-8k_freshvine.htm (8-K) — 38KB
• ea020215801ex3-1_freshvine.htm (EX-3.1) — 110KB
• ex3-1_001.jpg (GRAPHIC) — 298KB
• 0001213900-24-024359.txt ( ) — 760KB
• vine-20240314.xsd (EX-101.SCH) — 3KB
• vine-20240314_lab.xml (EX-101.LAB) — 33KB
• vine-20240314_pre.xml (EX-101.PRE) — 22KB
• ea0202158-8k_freshvine_htm.xml (XML) — 4KB

03. Amendments

Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Years. On March 14, 2024, Fresh Vine Wine, Inc. (the "Company") filed with the Secretary of State of the State of Nevada a Certificate of Designation of Preferences, Rights and Limitations of Series B Convertible Preferred Stock, par value $0.001 per share (the "Series B Stock")(the "Certificate"). The Certificate designates 50,000 shares of the Company's undesignated preferred stock as Series B Stock and establishes the rights and preferences of Series B Stock, as described below. share of Series B Stock (the "Series B Preferred Shares") will have a stated value of $100.00 (the "Stated Value"). Rank; Liquidation Preference. Upon any liquidation, dissolution or winding-up of the Company (a "Liquidation"), after the satisfaction in full of the debts of the Company and payment of the liquidation preference to any class or series of capital stock of the Company that ranks senior to the Series B Stock in liquidation preference, the holders of Series B Stock shall be entitled to be paid, on a pari passu basis with the payment of the liquidation preference afforded to holders of the Company's Series A Convertible Preferred Stock and any other class or series of capital stock of the Company that expressly ranks pari passu with the Series B Stock in liquidation preference ("Parity Securities"), for each share of Series B Stock held thereby, out of (but only to the extent) the assets of the Company are legally available for distribution to its stockholders, an amount equal to 150% times the Stated Value, plus any accrued but unpaid dividends, before any distribution or payment shall be made to the holders of Common Stock and any other class or series of capital stock of the Company other than those securities which are explicitly senior or pari passu to the liquidation preference of the Series B Stock ("Junior Securities"). If the assets of the Company available for distribu

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 3.1 Certificate of Designation of Preferences, Rights and Limitations of Series B Convertible Preferred Stock 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. FRESH VINE WINE, INC. Date: March 20, 2024 By: /s/ Michael Pruitt Michael Pruitt Interim Chief Executive Officer 3 EXHIBIT INDEX Exhibit No. Description 3.1 Certificate of Designation of Preferences, Rights and Limitations of Series B Convertible Preferred Stock 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 4

View Full Filing

View this 8-K filing on SEC EDGAR