secwatch.observer — SEC 8-K summary
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Issuer:     Gaucho Group Holdings, Inc. (—)
CIK:        0001559998
Form:       8-K
Filed at:   2024-04-29T23:59:59+00:00
Accession:  0001493152-24-016867
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 3.03, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gaucho Group 1-for-10 reverse stock split effective May 1, 2024 to meet Nasdaq $1 bid price
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- Reverse split at 1:10 reduces shares outstanding from ~7.96M to ~796k, effective 12:01 a.m. ET on May 1, 2024.
- Purpose: to cure Nasdaq minimum $1.00 bid price deficiency; prior 1:10 split on Sep 25, 2023 failed to regain compliance.
- Stockholder approved split range 1:2 to 1:10 on Feb 29, 2024; Board selected 1:10 on Apr 19, 2024.
- No fractional shares issued; holders of fractional shares receive one whole post-split share.
- Trading symbol VINO unchanged; new CUSIP 36809R503; no change to authorized shares or par value.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1559998/000149315224016867/0001493152-24-016867-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1559998/000149315224016867/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-016867

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