Item 3.02 Unregistered Sales of Equity Securities
This Current Report on Form 8-K/A of Gaucho Group Holdings, Inc. (the "Company")
amends the Company's Current Report on Form 8-K dated June 7, 2022 and filed
with the Securities and Exchange Commission on June 17, 2022 (the "Original
Filing") to correct certain Form 8-K items under which certain events were
disclosed.
The Original Filing announced, under Item 3.02 Unregistered Sales of Equity
Securities, the issuance of 650,562 shares at $0.807 per share to the
non-executive directors of the Company as compensation for service as members of
the Board of Directors of the Company for 2021 and the first half of 2022,
however, disclosure under Item 3.02 was not required because the common stock
issued, in the aggregate since the Company's last report filed under Item 3.02,
constituted less than 5% of the number of outstanding shares of common stock of
the Company. Disclosure of the issuance of 650,562 shares of common stock upon
the vesting of restricted stock units is removed from Item 3.02 and now
disclosed under Item 8.01 Other Events.
Item 8.01 Other Events.
On June 7, 2022, Gaucho Group Holdings, Inc. (the "Company"), issued a total of
650,562 shares at $0.807 per share to the non-executive directors of the Company
as compensation for service as members of the Board of Directors of the Company
for 2021 and the first half of 2022. For this sale of securities, no general
solicitation was used, no commissions were paid, all persons were accredited
investors, and the Company relied on the exemption from registration available
under Section 4(a)(2) and/or Rule 506(b) of Regulation D promulgated under the
Securities Act with respect to transactions by an issuer not involving any
public offering. A Form D will be filed with the SEC within 15 days of the
issuance of the shares.
Except as described herein, no other changes have been made to our Current
Report on Form 8-K filed on June 17, 2022.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
© Edgar Online, source Glimpses