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Fresh Vine Wine Inc - VINE STOCK NEWS

Welcome to our dedicated page for Fresh Vine Wine news (Ticker: VINE), a resource for investors and traders seeking the latest updates and insights on Fresh Vine Wine stock.

Fresh Vine Wine Inc (NYSE: VINE) delivers premium low-carb wines for health-conscious consumers through innovative Napa Valley production. This news hub provides investors and industry observers with essential updates about the company's strategic initiatives and market developments.

Track official announcements, financial reports, and operational milestones through curated press releases and verified news. Key focus areas include product innovation in low-calorie wines, retail distribution partnerships, and progress on the Amaze Software merger enhancing digital commerce capabilities.

Discover updates across critical categories: quarterly earnings disclosures, new varietal launches, sustainability initiatives, and leadership changes. Our aggregation ensures you stay informed about VINE's unique position at the intersection of premium winemaking and health trends.

Bookmark this page for streamlined access to Fresh Vine Wine's evolving story. Check regularly for authoritative updates about this innovative producer reshaping modern wine consumption through quality craftsmanship and strategic growth.

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Fresh Vine Wine (NYSE American:VINE) has announced its corporate rebranding to Amaze Holdings, Inc., following the acquisition of Amaze Software Inc. The company's stock will trade under the new ticker symbol 'AMZE' on the NYSE American exchange starting March 24, 2025.

Amaze Software's platform supports over 14 million creators, providing tools for product creation, marketing, and sales to help transform creative influence into successful brands. The strategic merger combines Fresh Vine's premium wine offerings with Amaze Software's e-commerce technology, positioning the company as a platform for creator-driven commerce.

The name change has received Board approval and will be implemented through an amendment to the Company's Articles of Incorporation. Shareholders require no action regarding these changes, as the CUSIP number remains unchanged and existing stock certificates remain valid.

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Fresh Vine Wine (NYSE American:VINE) has successfully regained compliance with NYSE American listing requirements following its acquisition of Amaze Software. The company now reports preliminary stockholders' equity of approximately $80 million, well above the $4 million compliance threshold.

The strategic acquisition contributed $98 million in goodwill and intangibles and resulted in a $78 million increase in additional paid-in capital. The transaction included the elimination of a $4.473 million note receivable and adjustment of warrant valuations to approximately $3.6 million.

The merger with Amaze's digital commerce platform positions Fresh Vine for expansion into e-commerce markets, promising operational efficiencies, expanded market reach, and stronger revenue potential through new distribution channels.

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Fresh Vine Wine (NYSE: VINE) has completed the acquisition of Amaze Software in a $75 million equity exchange transaction. Amaze Software, operating through Amaze Studio, Spring by Amaze, and Teespring Marketplace, serves over 14 million creators across major social platforms and recently integrated with Adobe Express.

The strategic merger combines Amaze's e-commerce technology with Fresh Vine Wine's premium consumer brand, enabling influencers and entrepreneurs to launch exclusive wine labels and access an expanded product catalog including apparel, accessories, and digital content. The platform operates across North America, Europe, Australia, and India.

The acquisition positions the combined entity as a dominant distribution platform in the creator economy, aiming to transform how creators monetize their communities and build sustainable businesses. The transaction structure provides shareholders exposure to one of the fastest-growing sectors in digital commerce.

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Fresh Vine Wine (NYSE American:VINE) has received a notice of noncompliance from NYSE American on January 6, 2025. The notification states that the company failed to comply with Section 704 of the NYSE American Company Guide by not holding its annual meeting for fiscal year 2023 by December 31, 2024.

To address this issue, Fresh Vine plans to hold a stockholders' meeting in the coming months regarding its proposed business combination with Adifex Holdings . The company expects this meeting will resolve the compliance issue with Section 704.

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Fresh Vine Wine (NYSE:VINE) and Amaze Software shared key achievements for 2024 and strategic plans for 2025. Amaze, a creator-powered commerce platform, reported significant growth with 1.4 million new creators joining the platform. The company expanded globally with new fulfillment centers in India and Mexico, introduced 180+ physical products and 20+ digital product categories, and established strategic partnerships with Adobe Express and Pietra.

Notable creator success stories include Beach Reads & Bubbly generating $250,000 in two-week presales, Don Marshall achieving $75,000 in calendar sales, and Terminal Montage reaching $67,000 in plushie sales. The company announced its 2025 campaign 'Becoming Amazing > Being Amazing' and highlighted its pending merger with Fresh Vine Wine.

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Fresh Vine Wine (NYSE:VINE) and Amaze Software have signed a definitive merger agreement, combining Fresh Vine's premium wine expertise with Amaze's creator-powered commerce technology. Amaze, which operates Amaze Studio, Spring by Amaze, and Teespring, supports over 14 million creators across platforms like YouTube, TikTok, Twitch, and Discord. The merger will enable creators to launch their own branded wine and spirits selections through Amaze's platform, which currently offers various products from apparel to digital content. Aaron Day, Amaze's CEO, will lead the combined entity upon SEC approval, emphasizing their commitment to democratizing commerce and expanding creator revenue streams.

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Fresh Vine Wine, Inc. (NYSE American: VINE) has announced a letter of intent (LOI) for a potential business combination with Adifex Holdings, and its to-be-acquired subsidiary, Amaze Software, Inc. The non-binding LOI outlines preliminary terms for Fresh Vine to acquire 100% of Adifex's membership interests through a share exchange, merger, or other business combination structure. Key points include:

1. Fresh Vine's board will be replaced by Adifex nominees upon closing.
2. The transaction is subject to due diligence, definitive agreement negotiation, and shareholder approval.
3. Fresh Vine intends to remain in the wine business while leveraging Amaze's platform for growth.
4. Amaze software targets a $3 trillion global market, offering content creators and brands control over identity, pricing, and customer experience.

The announcement emphasizes that no assurances can be made regarding the successful negotiation or consummation of the proposed transaction.

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Fresh Vine Wine Inc. (NYSE American: VINE) and Notes Live, Inc. have mutually agreed to terminate their merger agreement announced on January 29, 2024. The termination comes as conditions for closing the merger were not met by the July 31, 2024 end date. Notes Live expressed a desire to end the transaction, leading to discussions and mutual agreement to terminate. Fresh Vine retains its previously acquired shares in Notes Live.

Michael Pruitt, CEO of Fresh Vine, expressed disappointment but thanked Notes Live's management for their partnership. He stated that Fresh Vine will explore strategic options to maximize stockholder value, potentially including seeking another combination opportunity.

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Fresh Vine Wine (NYSE American: VINE) announced a merger with Venu Holding (VENU), leading to a significant partnership with Ford (NYSE: F). VENU secured a ten-year naming rights agreement with Colorado Ford Dealers for a new luxury outdoor amphitheater in Colorado Springs, now named the Ford Amphitheater.

The venue, previously known as The Sunset, opens August 9-11, 2024, with a sold-out event featuring OneRepublic. With a capacity of 8,000 and a $90 million investment, it aims to generate over 100 million annual impressions, bolstered by premium branding and signage.

Venu plans to expand its portfolio with new venues in Oklahoma, Texas, and beyond, targeting markets with growing populations. Ford's agreement highlights their long-term commitment to Venu and the venue's luxurious appeal.

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Fresh Vine Wine Inc. (NYSE American: VINE) announces a $220 million, 20,000-capacity world-class open-air amphitheater, the Sunset Amphitheater, to be built in McKinney, Texas by merger partner Notes Live. The venue aims to attract top national acts, elevate McKinney as a prime touring destination, and boost economic growth and tourism in the region. Construction begins in late 2024, with a grand opening slated for the 2026 concert season. Notes Live plans to go public under the ticker VENU and expand to a dozen markets by 2028.
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NYSE:VINE

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VINE Stock Data

9.77M
11.56M
34.91%
2.78%
1.16%
Beverages - Wineries & Distilleries
Retail-eating Places
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United States
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