---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-048776"
form_type: "8-K"
ticker: null
cik: "0001834045"
company_name: "Vintage Wine Estates, Inc."
filed_at: "2023-09-19T23:59:59+00:00"
generated_at: "2026-06-10T13:48:33.103453+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Vintage Wine Estates receives Nasdaq bid price deficiency notice; 180 days to regain compliance

## Summary
- Received Nasdaq letter on Sept 13, 2023 indicating common stock closing bid price below $1 for 30 consecutive business days.
- Compliance period is 180 calendar days (until March 11, 2024); must have bid price >= $1 for 10 consecutive days to regain.
- If not cured by March 11, may be eligible for second 180-day compliance period if other Nasdaq Global Market initial listing standards met.
- Failure to regain compliance could result in delisting; company to monitor options and evaluate alternatives.
- No immediate effect on listing of VWE common stock or VWEWW warrants.

## SEC filing metadata
- accession: 0000950170-23-048776
- form_type: 8-K
- cik: 0001834045
- company_name: Vintage Wine Estates, Inc.
- filed_at: 2023-09-19T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1834045/000095017023048776/0000950170-23-048776-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1834045/000095017023048776/vwe-20230913.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-048776
- JSON: https://secwatch.observer/filing/0000950170-23-048776.json
- Plain text: https://secwatch.observer/filing/0000950170-23-048776.txt

## Key facts
- Listing & Compliance Notices
  Vintage Wine Estates, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5450(a)(1), 5810(c)(3)(A)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 5450(a)(1), 5810(c)(3)(A)
  source text: September 13, 2023, Vintage Wine Estates, Inc. (the “Company”) received a letter from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that, based upon the closing bid price of the Company’s common stock for the last 30 consecutive business days, the Company no longer meets Nasdaq Listing Rule 5450(a)(1), which requires listed companies to maintain a minimum bid price of at least $1 per share. Nasdaq Listing Rule 5810(c)(3)(A) provides a compliance period of 180 calendar days, or until March 11, 2024, in which to regain compliance with the minimum bid price
  evidence_url: https://www.sec.gov/Archives/edgar/data/1834045/000095017023048776/0000950170-23-048776-index.htm

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