Gaucho group holdings, inc. announces nasdaq listing and pricing of $8.0 million public offering

New york, ny, feb. 17, 2021 (globe newswire) -- gaucho group holdings, inc. (nasdaq:vino) (the “company”), a company that includes a growing collection of e-commerce platforms with a concentration on fine wines, luxury real estate, and leather goods & accessories, today announced the pricing of an underwritten public offering of 1,333,334 units, consisting of one share of common stock and one common stock purchase warrant, at a public offering price of $6.00 per unit for aggregate gross proceeds of $8,000,004 prior to deducting underwriting discounts, commissions, and other offering expenses. in addition, the company has granted the underwriters a 45-day option to purchase up to an additional 199,999 units at the public offering price less the underwriting discounts and commissions. the offering is expected to close on february 19, 2021, subject to satisfaction of customary closing conditions.
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