STOCK TITAN

Willamette Valley Vineyards Offers Preferred Stock Ownership Through TiiCKER for Limited Time

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Willamette Valley Vineyards (NASDAQ: WVVI & WVVIP) announced its partnership with TiiCKER to enhance its 2022 Preferred Stock Offering aimed at funding growth. Investors can purchase shares at $5.25 with a 4.19% annual dividend or wine credit. The share price will rise to $5.35 after October 31, 2022. The offering includes unique shareholder perks like discounts and exclusive access to events. This initiative continues Willamette's community-funded business model established in 1989, promoting investment by wine enthusiasts.

Positive
  • Partnership with TiiCKER enhances shareholder rewards and support for growth.
  • Offering includes unique perks for investors, attracting more participation.
  • Preferred Stock Offering price is initially lower than the upcoming increase.
Negative
  • Minimum investment of $1,575 could limit potential investor participation.
  • Dependence on community-supported funding may pose risks if interest declines.

DETROIT, Oct. 13, 2022 /PRNewswire/ -- Willamette Valley Vineyards (NASDAQ: WVVI & WVVIP) or ("Willamette"), Oregon's certified sustainable, leading winery and producer of Pinot Noir, is teaming with TiiCKER, the world's premier direct-to-shareholder loyalty and rewards platform, to maximize its 2022 Preferred Stock Offering to fund growth.

Willamette Valley Vineyards has partnered with TiiCKER for several years to maximize its Preferred Stock Offering to fund growth while rewarding retail shareholders with unique rewards and perks (www.TiiCKER.com/WVVIP). Individual investors in Willamette Valley Vineyards preferred stock enjoy discounts, owner-only experiences, exclusive access to new releases and the opportunity to take dividends in wine credit.

Willamette Valley Vineyards pioneered the community-funded business model in 1989. The Preferred Stock Offering (www.wvv.com/Ownership) is intended to fund the expansion of the Oregon winery and its growing portfolio of tasting rooms, restaurants and production facilities, such as the company's new sparkling winery Domaine Willamette in Oregon's Dundee Hills. Investors may purchase shares at $5.25 per share, offering an annual 4.19% dividend or wine credit with 15% more value, if your application and subscription agreement are received or postmarked by October 31, 2022, and accepted. The minimum purchase is 300 shares ($1,575) and the maximum purchase is 2,300 shares ($12,075.00). The share price will increase to $5.35 on November 1, 2022. Priority to become Owners is given to wine enthusiasts who will support their investment as Wine Club Members or use their dividends as wine credits.

"As wine enthusiasts own the winery, they are providing the capital to obtain top talent, vineyards and equipment. They are also fueling our growth with the purchasing and wine recommendations they make to their friends and neighbors," said Willamette Valley Vineyards Founder and CEO Jim Bernau. "Partnering with TiiCKER aligns perfectly with our mission and allows us to expand our reach to wine enthusiasts and foodies looking for an investment that fits their lifestyle and gives them the perks of ownership."

TiiCKER Founder and CEO, Jeff Lambert, added, "Willamette Valley Vineyards believes in connecting with shareholders and TiiCKER's platform is perfectly suited to not only verify ownership to validate WVVI shareholder perks, but to also connect with other investors who love great wine."

WVVI was the first SEC-authorized, community-funded business in the nation, spurring a growing number of laws allowing for community-based funding of other small businesses across the country. Founder Jim Bernau's vision of creating world-class wine via shared ownership inspired wine enthusiasts investing in common (WVVI) and preferred (WVVIP) stock, producing tens of thousands of enthusiastic Owners to date.

TiiCKER rewards shareholders in Willamette Valley Vineyards by granting unprecedented access to next-level perks, commission-free trading and customized content unique to their investment and lifestyle interests. TiiCKER verifies ownership on behalf of company brand partners – like WVVI – and offers new ways to connect, engage and reward their owners.

About Willamette Valley Vineyards

Founded in 1983 by Jim Bernau with the dream of creating world-class Pinot Noir while serving as stewards of the land, Willamette Valley Vineyards has grown from a bold idea into one of the region's leading wineries, earning the title "One of America's Great Pinot Noir Producers" from Wine Enthusiast Magazine. All of the winery's vineyards have been certified sustainable through LIVE (Low Impact Viticulture and Enology) and Salmon-Safe programs. For more information, call (800) 344-9463, contact stock.offering@wvv.com or visit www.wvv.com.

About TiiCKER

Launched in 2020, TiiCKER invented verified stock perks and direct-to-shareholder marketing through its web-based and mobile app software platforms that provide consumers and everyday investors a revolutionary way to engage with the brands they love. For America's 130 million retail investors, TiiCKER provides unique access to shareholder perks, commission-free trading, and custom content to help consumer shareholders to discover and connect with companies and brands that fit their interests and lifestyle. For its public company partners, TiiCKER created the first mechanism to market directly to their largest untapped affinity group – owners. For more information, please visit TiiCKER.com.

Media Contact:

Kaitlin Knutson

kknutson@TiiCKER.com

(989) 277-1438

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/willamette-valley-vineyards-offers-preferred-stock-ownership-through-tiicker-for-limited-time-301648837.html

SOURCE TiiCKER

FAQ

What is the purpose of Willamette Valley Vineyards' partnership with TiiCKER?

The partnership aims to maximize the 2022 Preferred Stock Offering to fund growth and reward retail shareholders.

What are the benefits for investors in Willamette Valley Vineyards' preferred stock?

Investors enjoy discounts, exclusive experiences, and the option to take dividends in wine credit.

What is the investment price for Willamette Valley Vineyards' Preferred Stock?

Shares are offered at $5.25 each, increasing to $5.35 after October 31, 2022.

When does the current offering for Willamette Valley Vineyards' Preferred Stock end?

The current offering ends on October 31, 2022.

What is the minimum investment required for Willamette Valley Vineyards' Preferred Stock?

The minimum investment is 300 shares, totaling $1,575.

Willamette Valley Vineyards

NASDAQ:WVVI

WVVI Rankings

WVVI Latest News

WVVI Stock Data

16.38M
3.83M
22.88%
12.9%
0.06%
Beverages - Wineries & Distilleries
Beverages
Link
United States of America
TURNER