UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report:
December 20, 2023
Gaucho Group Holdings, Inc.
(Exact name of registrant as specified in its charter)
Delaware | 001-40075 | 52-2158952 | ||
State of Incorporation |
Commission File Number |
IRS Employer Identification No. |
112 NE 41st Street, Suite 106
Miami, FL 33137
Address of principal executive offices
212-739-7700
Telephone number, including area code
Former name or former address if changed since last report
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐ | Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |
☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |
☐ | Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |
☐ | Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Securities registered pursuant to Section 12(b) of the Act:
Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||
Common Stock | VINO | The Nasdaq Stock Market LLC |
Item 8.01 Other Events.
On December 20, 2023, Gaucho Group Holdings, Inc. issued a press release announcing a streaming broadcast fireside chat exploring the investment climate in Argentina. The full text of the press release is furnished hereto as Exhibit 99.1 and incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
99.1 | Press release, dated December 20, 2023 |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized, on the 20th day of December 2023.
Gaucho Group Holdings, Inc. | ||
By: | /s/ Scott L. Mathis | |
Scott L. Mathis, President & CEO |
Exhibit 99.1
GAUCHO HOLDINGS ANNOUNCES FIRESIDE CHAT WITH CNBC AND FOX BUSINESS NETWORK MARKET ANALYST KENNY POLCARI
A Strategic Discussion on Argentina’s Investment Landscape Post-political Shift, Featuring Insights From CEO Scott Mathis
MIAMI, FL / December 20, 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 (the “Company” or “Gaucho Holdings”), today announced a streaming broadcast fireside chat exploring the unique investment climate in Argentina, with Gaucho Holdings at the forefront. The broadcast features Kenny Polcari, a renowned market analyst from CNBC and Fox Business Network, interviewing Scott Mathis, CEO of Gaucho Holdings.
The discussion, (which can be streamed here https://youtu.be/hbN1k6KmZ14?si=0PCQcakeaEv_050F) delves into the Company’s strategies and opportunities in Argentina, especially in the context of the country’s recent political shift. This broadcast comes at a time when Argentina is seen as a ground ripe for economic revitalization and investment growth, a perspective strongly held by Gaucho Holdings.
Gaucho Holdings is uniquely positioned to leverage the burgeoning investment opportunities in Argentina, particularly in the real estate sector. With a significant presence in the Argentine market since 2007, the Company enjoys a strong foothold that presents a formidable barrier to new entrants. Its diversified portfolio in Argentina includes fully operational companies with established synergies, allowing streamlined operations across various platforms. The Company’s seasoned management team, with deep expertise in navigating the Argentine market, further solidifies its advantageous position.
The fireside chat is moderated by Kenny Polcari, whose extensive experience in financial markets and strategy will enrich the discussion. Polcari is the Managing Partner of Kace Capital Advisors and serves as the Chief Market Strategist at SlateStone Wealth. He also contributes his expertise as a member of the Advisory Board of The Headstrong Project and is part of the National Organization of Investment Professionals. With a career that commenced on the trading floor of the New York Stock Exchange in 1985, Polcari’s industry knowledge is both deep and broad. He is a graduate of Boston University, School of Management, where he earned a Bachelor of Science in Business Administration, majoring in Finance, in 1983.
This fireside chat promises to offer valuable perspectives on Argentina’s investment landscape, showcasing Gaucho Holdings’ strategic vision and operational strengths in this emerging market.
About Gaucho Group Holdings, Inc.
For more than ten years, Gaucho Group Holdings, Inc.’s (gauchoholdings.com) mission has been to source and develop opportunities in Argentina’s undervalued luxury real estate and consumer marketplace. Our company has positioned itself to take advantage of the continued and fast growth of global e-commerce across multiple market sectors, with the goal of becoming a leader in diversified luxury goods and experiences in sought after lifestyle industries and retail landscapes. With a concentration on fine wines (algodonfinewines.com & algodonwines.com.ar), hospitality (algodonhotels.com), and luxury real estate (algodonwineestates.com) associated with our proprietary Algodon brand, as well as the leather goods, ready-to-wear and accessories of the fashion brand Gaucho – Buenos Aires™ (gaucho.com), these are the luxury brands in which Argentina finds its contemporary expression.
Cautionary Note Regarding Forward-Looking Statements
The information discussed in this press release includes “forward looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical facts, included herein concerning, among other things, changes to exchange rates and their impact on the Company, planned capital expenditures, future cash flows and borrowings, pursuit of potential acquisition opportunities, our financial position, business strategy and other plans and objectives for future operations, are forward looking statements. Although we believe that the expectations reflected in these forward-looking statements are reasonable, they do involve certain assumptions, risks and uncertainties and are not (and should not be considered to be) guarantees of future performance. Refer to our risk factors set forth in our reports filed on Edgar. The Company disclaims any obligation to update any forward-looking statement made here.
Media Relations:
Gaucho Group Holdings, Inc.
Rick Stear
Director of Marketing
212.739.7669
rstear@gauchoholdings.com