Gaucho Group Holdings, Inc. Announces 1-For-10 Reverse Stock Split, Expected To Begin Trading On A Split-adjusted Basis When The Markets Open On May 1, 2024
Gaucho Group Holdings, Inc. Announces 1-For-10 Reverse Stock Split, Expected To Begin Trading On A Split-adjusted Basis When The Markets Open On May 1, 2024
VINO common stock expected to begin trading on a split-adjusted basis on May 1, 2024
VINO普通股預計將於2024年5月1日開始按拆分調整後的基礎上交易
MIAMI, FL / ACCESSWIRE / April 29, 2024 / Gaucho Group Holdings, Inc. (NASDAQ:VINO), 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 announced a 1-for-10 reverse stock split of the Company's common stock to become effective at 12:01 a.m. (Eastern Time) on May 1, 2024. The Company's common stock is expected to begin trading on a split-adjusted basis when the markets open on May 1, 2024 under the existing trading symbol "VINO."
佛羅里達州邁阿密/ACCESSWIRE/2024年4月29日/Gaucho Group Holdings, Inc.（納斯達克股票代碼：VINO）今天宣佈對公司普通股進行1比10的反向拆分，將於5月上午12點01分（美國東部時間）生效，該公司旗下越來越多的電子商務平台（“公司” 或 “Gaucho Holdings”）。2024 年 1 月 1 日。該公司的普通股預計將在2024年5月1日市場開盤時以現有交易代碼 “VINO” 在拆分調整後的基礎上開始交易。
The reverse stock split is primarily intended to bring the Company into compliance with the minimum bid price requirements for maintaining its listing on the Nasdaq Capital Market. The new CUSIP number following the reverse stock split will be 36809R503.
反向股票拆分主要旨在使公司遵守維持在納斯達克資本市場上市的最低出價要求。反向股票拆分後的新CUSIP號碼將是 36809R503。
As a result of the reverse stock split, every 10 shares of the Company's common stock issued and outstanding or held by the Company as treasury stock will be automatically reclassified into one new share of common stock. The reverse stock split will not modify any rights or preferences of the shares of the Company's common stock. Proportionate adjustments will be made to the exercise prices and the number of shares underlying the Company's outstanding equity awards, as applicable, and warrants, as well as to the number of shares issued and issuable under the Company's equity incentive plans. The common stock issued pursuant to the reverse stock split will remain fully paid and non-assessable. The reverse stock split will not affect the number of authorized shares of common stock or the par value of the common stock. The reverse stock split was approved by the Company's stockholders at the special meeting of stockholders held on February 29, 2024 at a ratio in the range of 1-for-2 and 1-for-10, such ratio to be determined by the Board of Directors and included in a public announcement. On April 19, 2024, the Company's Board of Directors approved the reverse stock split at the ratio of 1-for-10.
由於反向股票拆分，公司發行和流通或作爲庫存股持有的每10股普通股將自動重新分類爲一股新的普通股。反向股票拆分不會修改公司普通股的任何權利或優惠。將對行使價和公司未償還股權獎勵的股票數量（如適用）和認股權證以及根據公司股權激勵計劃發行和可發行的股票數量進行相應的調整。根據反向股票拆分發行的普通股將保持全額支付且不可估稅。反向股票拆分不會影響普通股的授權數量或普通股的面值。在2024年2月29日舉行的股東特別會議上，公司股東批准了反向股票拆分，比例在1比2和1比10之間，該比率將由董事會確定幷包含在公開公告中。2024 年 4 月 19 日，公司董事會批准了以 1 比 10 的比例進行反向股票拆分。
No fractional shares will be issued in connection with the reverse stock split and no cash or other consideration will be paid in connection with any fractional shares. Stockholders who would otherwise would have held a fractional share after giving effect to the reverse stock split will instead own one whole share of the post-reverse stock split common stock.
不會發行與反向股票拆分相關的零碎股票，也不會爲任何零星股票支付現金或其他對價。反向股票拆分生效後本來會持有部分股份的股東將改爲擁有反向股票拆分後普通股的整部分股份。
譯文內容由第三人軟體翻譯。