VINE News and Press, Fresh Vine Wine Inc. From 04/05/23

Distributor Depletions Up 58% From Year Ago Quarter Significant Growth in Retail Sales Expected to Jump Start Revenue Growth Over 2,000 New Points-of-Distribution Added New Retailers Added in California, Texas and New England MINNEAPOLIS, April 05, 2023 (GLOBE NEWSWI...

2023-04-03 13:36:33 ET Fresh Vine Wine press release ( NYSE: VINE ): FY Revenue of $2.86M (+68.2% Y/Y). The Company's cash and cash equivalents balance as of December 31, 2022, was $2.1 million. The Company has no material debt. Expanded our portfolio of Premium Better...

Positioned to Accelerate Growth in “Better for You” Wine Category Among Top 20% U.S. Wineries by Case Volume Size in Under Two Years, Goal is to Reach the Top 5% Within One to Two years MINNEAPOLIS, April 03, 2023 (GLOBE NEWSWIRE) -- Fresh Vine Wine, Inc. (NY...

2023-03-30 15:47:43 ET Southern Glazer’s Wine and Spirits is reportedly being probed by the Federal Trade Commission over how wine and liquor are priced and sold around the country. Sources told Politico that the FTC is investigating the nation's largest wine and spirits dist...

MINNEAPOLIS, March 15, 2023 (GLOBE NEWSWIRE) -- Fresh Vine Wine, Inc. (NYSE American: VINE) (“Fresh Vine Wine” or the “Company”), a premier producer of lower carb, lower calorie premium wines in the United States, today announced the closing of its rights offering. The...

2023-03-10 09:19:38 ET Fresh Vine Wine ( NYSE: VINE ) announced that it estimates that the rights offering will lead to total subscriptions of ~$3.14M and Fresh Vine Wine expects to receive from the rights offering aggregate gross cash proceeds of approximately such amount. ...

MINNEAPOLIS, March 10, 2023 (GLOBE NEWSWIRE) -- Fresh Vine Wine, Inc. (NYSE American: VINE) (“Fresh Vine Wine” or the “Company”), a premier producer of lower carb, lower calorie premium wines in the United States, today announced the preliminary results of its rights o...

MINNEAPOLIS, Feb. 27, 2023 (GLOBE NEWSWIRE) -- Fresh Vine Wine, Inc. (NYSE American: VINE) (“Fresh Vine Wine” or the “Company”) announces today that it has added more than 1,197 new points of distribution in 2023, which represents a 19% increase to 7,446 since the begi...

MINNEAPOLIS, Feb. 22, 2023 (GLOBE NEWSWIRE) -- Fresh Vine Wine, Inc. (NYSE American: VINE) (“Fresh Vine Wine” or the “Company”) today announced that the subscription period for the previously announced rights offering has commenced. The subscription rights are non-tran...

MINNEAPOLIS, Feb. 09, 2023 (GLOBE NEWSWIRE) -- In a press release issued earlier today by Fresh Vine Wine, Inc. (NYSE American: VINE) under the same headline, please note the date of ownership has changed from February 20, 2023 to February 17, 2023. The complete corrected text follows. ...