---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-024245"
form_type: "8-K"
ticker: "VNCE"
cik: "0001579157"
company_name: "VINCE HOLDING CORP."
filed_at: "2023-05-25T23:59:59+00:00"
generated_at: "2026-06-14T14:32:35.542104+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Vince completes asset sale to Authentic Brands for $76.5M cash and 25% stake

## Summary
- Closed asset sale of Vince IP to Authentic Brands for $76.5M cash and 25% membership interest in ABG Vince.
- Repaid $27.7M term loan credit facility and portion of revolver; ABL facility maturity extended to June 30, 2024.
- Entered exclusive long-term license agreement with Authentic: initial 10-year term with eight 10-year renewal options.
- Authentic owns 75% majority stake; Vince continues wholesale, retail, e-commerce under license.

## SEC filing metadata
- accession: 0000950170-23-024245
- form_type: 8-K
- ticker: VNCE
- cik: 0001579157
- company_name: VINCE HOLDING CORP.
- filed_at: 2023-05-25T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1579157/000095017023024245/0000950170-23-024245-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1579157/000095017023024245/vnce-20230525.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-024245
- JSON: https://secwatch.observer/filing/0000950170-23-024245.json
- Plain text: https://secwatch.observer/filing/0000950170-23-024245.txt

## Key facts
- M&A Transactions
  VINCE HOLDING CORP. completed a disposition involving ABG-Vince LLC (f/k/a ABG-Viking, LLC) for $76.5 million (closed 2023-05-25).
  - Action: disposition
  - Counterparty: ABG-Vince LLC (f/k/a ABG-Viking, LLC)
  - Consideration: $76.5 million
  - Closing: 2023-05-25
  source text: business operated under the VINCE brand of Seller to Buyer in exchange for Buyer paying to Seller aggregate consideration consisting of (i) Buyer making a cash payment equal to $76.5 million and (ii) Buyer issuing units of Buyer to Seller representing a 25% ownership stake in Buyer (the “Seller Units”) (the “Asset Sale”). The Asset Sale was consummated in accordance
  evidence_url: https://www.sec.gov/Archives/edgar/data/1579157/000095017023024245/0000950170-23-024245-index.htm
- Material Agreements
  VINCE HOLDING CORP. entered into License Agreement with ABG-Vince LLC (effective 2023-05-25).
  - Action: entry
  - Agreement: license
  - Counterparty: ABG-Vince LLC
  - Effective: 2023-05-25
  source text: On May 25, 2023, in connection with the Closing, Seller and Buyer entered into a License Agreement (the “License Agreement”), which provides Vince with a license to use the Licensed Property (as defined in the License Agreement).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1579157/000095017023024245/0000950170-23-024245-index.htm
- Material Agreements
  VINCE HOLDING CORP. entered into Operating Agreement with ABG-Vince LLC (f/k/a ABG-Viking, LLC) (effective 2023-05-25).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: ABG-Vince LLC (f/k/a ABG-Viking, LLC)
  - Effective: 2023-05-25
  source text: On May 25, 2023, in connection with the closing (the “Closing”) of the Asset Sale (defined below) pursuant to the Intellectual Property Asset Purchase Agreement (the “Asset Purchase Agreement”), dated as of April 21, 2023, by and among Vince, LLC, a Delaware limited liability company (“Vince” or “Seller”) and a wholly owned indirect subsidiary of Vince Holding Corp., a Delaware corporation (the “Company”), ABG-Vince LLC (f/k/a ABG-Viking, LLC) (“Buyer”), and an indirect subsidiary of Authentic Brands Group, LLC, a Delaware corporation, the Company and ABG Intermediate Holdings 2 LLC, Seller and Buyer entered into an Amended and Restated Limited Liability Company Agreement of ABG-Vince, LLC (the “Operating Agreement”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1579157/000095017023024245/0000950170-23-024245-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.