Gaucho group holdings, inc announces securement of $5.6 million convertible note

Company continues to lay foundation to pursue objectives in growth and scale of its diverse assets miami, fl / accesswire / february 21, 2023 / gaucho group holdings, inc. (nasdaq:vino), a company that includes a growing collection of e-commerce platforms with a concentration on fine wines, luxury real estate, and leather goods and accessories, announced today its securement of a $5.6 million convertible note, with which the company believes can lay the foundation for growth of its assets in lodging, hospitality, wine & spirits, retail, and e-commerce. as set forth in our current report on form 8-k as filed with the sec today, the company received gross proceeds of $5 million from the convertible note and used approximately $905,000 to pay off previous notes.
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