Form 8-K - Current report
October 20 2023 - 5:21PM
Edgar (US Regulatory)
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2023-10-16
2023-10-16
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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:
October
16, 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) |
|
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|
|
☐ |
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)) |
|
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|
|
☐ |
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
3.02 Unregistered Sales of Equity Securities.
As
previously reported on our Current Report on Form 8-K filed on February 21, 2023, Gaucho Group Holdings, Inc. (the “Company,”
“we,” “us” or “our”), and an institutional investor (the “Holder”) entered into that
certain Securities Purchase Agreement, dated as of February 21, 2023 (the “Securities Purchase Agreement”) and the Company
issued to the Holder a senior secured convertible note, as amended (the “Note”) and warrant to purchase 3,377,099 shares
of common stock of the Company (the “Warrant” and together with the Securities Purchase Agreement and the Note, the “Note
Documents”). For the full description of the Note Documents, please refer to our Current Report on Form 8-K and the exhibits attached
thereto as filed with the SEC on February 21, 2023.
On
October 16, 2023, the investor elected to convert a total of $63,228 of principal and $9,484
of premium, pursuant to the Note into 100,000 shares of common
stock of the Company at a conversion price of $0.727 per share.
On
October 19, 2023, the investor elected to convert a total of $31,296 of principal and $4,694
of premium, pursuant to the Note into 48,477 shares of common
stock of the Company at a conversion price of $0.742 per share.
The
shares of common stock that have been and may be issued under the Note Documents are being offered and sold in a transaction exempt from
registration under the Securities Act of 1933, as amended (the “Securities Act”), in reliance on Section 4(a)(2) thereof
and/or Rule 506(b) of Regulation D thereunder. The Company filed a Form D with the SEC on or about March 3, 2023.
Item
9.01 Financial Statements and Exhibits.
(d)
Exhibits
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 October 2023.
|
Gaucho Group Holdings, Inc. |
|
|
|
|
By: |
/s/
Scott L. Mathis |
|
|
Scott L. Mathis, President & CEO |
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