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Bespoke Capital Acquisition Corp. Announces Listing on Nasdaq

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Bespoke Capital Acquisition Corp. announced its trading debut on Nasdaq starting February 8, 2021, under the symbol BSPE. Alongside this, a definitive agreement for a business combination with Vintage Wine Estates was revealed, aiming to create a new entity named Vintage Wine Estates, Inc., which will also be listed on Nasdaq under the ticker VWE. This strategic move is intended to leverage Vintage Wine Estates' position as one of the fastest-growing U.S. wine producers, capitalizing on its robust direct-to-consumer platform.

Positive
  • Bespoke Capital Acquisition Corp. to begin trading on Nasdaq, increasing visibility and accessibility for investors.
  • Business combination with Vintage Wine Estates expected to enhance market position and growth potential in the wine industry.
Negative
  • None.
  • Bespoke Capital Acquisition Corp. to begin trading on the Nasdaq on February 8, 2021 under the symbol BSPE

TORONTO, Feb. 05, 2021 (GLOBE NEWSWIRE) -- Bespoke Capital Acquisition Corp. (NASDAQ: BSPE) (TSX: BC.U) (TSX: BC.WT.U) (OTCPK:BKCQ.F) (“Bespoke” or “BCAC”), a publicly-traded special purpose acquisition company, announced today that its Class A Restricted Voting shares were approved for listing on the Nasdaq Global Market, and will begin trading on the Nasdaq on Monday, February 8, 2021 under the symbol “BSPE”. Bespoke’s Warrants will continue to trade OTC in the U.S. Bespoke’s Class A Shares and warrants will remain listed on the Toronto Stock Exchange under its current symbols.

On February 4, 2021, BCAC announced a definitive agreement for a business combination with Vintage Wine Estates (“VWE” or the “Company”), one of the fastest growing U.S. wine producers with an industry leading direct-to-customer platform. Upon closing, the combined company will be named Vintage Wine Estates, Inc. Its common stock will remain listed on the Nasdaq Global Market under the new ticker symbol “VWE” and on the TSX under the symbol “VWE.U”. The warrants remain listed on the TSX under “VWE.WT.U”. In the U.S., the warrants will either be listed on the Nasdaq or continue to trade OTC.

About Bespoke Capital Acquisition Corp.

Bespoke Capital Acquisition Corp. is a special purpose acquisition corporation incorporated under the laws of the Province of British Columbia for the purpose of effecting, directly or indirectly, a qualifying acquisition. Bespoke is led by an experienced team of managers, operators and investors who have played integral roles in helping build and grow profitable public and private consumer staples businesses, both organically and through acquisitions, to create value for stockholders. For more information please visit https://www.bespokespac.com/.

Vintage Wine Estates, Inc.

Vintage Wine Estates is a family of wineries and wines whose singular focus is producing the finest quality wines and incredible customer experiences with wineries throughout Napa, Sonoma, California’s Central Coast, Oregon and Washington State. Since its founding 20 years ago, the Company has become a top 15 U.S. wine producer via organic and acquisitive growth, today selling more than 2 million nine-liter equivalent cases annually. To achieve this growth, the Company curates, creates, stewards and markets its many brands and services to customers and end consumers via a balanced omni-channel strategy encompassing direct-to-consumer, wholesale and exclusive brands arrangements with national retailers. VWE is diverse across price points and varietals with over 50 brands ranging from $10-$150 USD at retail, with the majority selling in the $12-$20 USD price range. For more information, visit https://www.vintagewineestates.com/.

Contacts:

Investors

Mark Harms
Bespoke Capital Partners LLC
information@bespokecp.com 
+44-207-016-8050

or

Chris Mandeville and Anna Kate Heller
ICR
BespokeIR@icrinc.com 

Media

Alecia Pulman
BespokePR@icrinc.com 


FAQ

When will Bespoke Capital Acquisition Corp. start trading on Nasdaq?

Bespoke Capital Acquisition Corp. will start trading on Nasdaq on February 8, 2021, under the symbol BSPE.

What is the business combination announced by Bespoke Capital Acquisition Corp.?

Bespoke Capital Acquisition Corp. announced a business combination with Vintage Wine Estates, one of the fastest-growing U.S. wine producers.

What will be the new ticker symbol for Vintage Wine Estates after the merger?

After the merger, Vintage Wine Estates will be listed under the ticker symbol VWE on the Nasdaq.

What impact will the merger with Vintage Wine Estates have on Bespoke Capital's stock?

The merger aims to enhance market position and growth potential, which could positively influence Bespoke Capital's stock.

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