Fresh vine wine, inc. enters into letter of intent with live entertainment and hospitality company notes live, inc.

Charlotte, n.c., dec. 04, 2023 (globe newswire) -- fresh vine wine inc. (nyse american: vine) (“fresh vine”) today announced it has entered into a non-binding letter of intent for a business combination transaction with notes live, inc. (“notes live"), the colorado-based live entertainment and hospitality company that currently operates venues in colorado springs and the atlanta metropolitan area. notes live is also in the process of developing the sunset amphitheatre, a luxury open-air music and entertainment amphitheater in colorado springs, is actively engaging in additional developments in oklahoma city and broken arrow, oklahoma, and plans to expand in the north texas market. it is anticipated that a definitive agreement will be executed by january 31, 2024, with a closing anticipated in the second quarter of 2024, subject to various closing conditions.
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