Gaucho Group holders approve proposals enabling note conversion; new director elected

Gaucho Group Holdings, Inc.

Stockholders approved all six proposals at Aug 16 AGM, including issuance of shares upon conversion of $3.3M notes into 33,488 preferred shares.
David R. Reinecke elected Class II director to replace Peter J.L. Lawrence, who did not stand for re-election.
Equity incentive plan amended to increase available shares to 30% of fully diluted outstanding, with automatic 5% annual increases.
Private placement of up to $7.2M in preferred shares and 8.5% notes approved; initial limit of $637,100 until stockholder vote.
No shares of senior convertible preferred stock sold as of Aug 16, 2024; Form D to be filed within 15 days.

item 3.02 item 5.07 item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Peter J.L. Lawrence

Class II director

Gaucho Group Holdings, Inc.

Effective: 2024-08-16
Successor: David R. Reinecke
Filed: August 21, 2024, 7:59 PM ET

Peter J.L. Lawrence, a Class II director of the Company, did not stand for re-election.

Appointed

David R. Reinecke

Class II director

Gaucho Group Holdings, Inc.

Effective: 2024-08-16
Filed: August 21, 2024, 7:59 PM ET

Mr. David R. Reinecke was elected as a Class II director effective immediately.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Peter J.L. Lawrence departed as Class II director at Gaucho Group Holdings, Inc..

Action: did not stand for re-election
Role: Class II director

Exact text from the filing

Peter J.L. Lawrence, a Class II director of the Company, did not stand for re-election.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

David R. Reinecke was elected as Class II director at Gaucho Group Holdings, Inc..

Action: elected
Role: Class II director

Exact text from the filing

Mr. David R. Reinecke was elected as a Class II director effective immediately.

View on SEC.gov

Source: SEC EDGAR

accession 0001493152-24-033451

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