FORM 10-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM _______ TO _______ Securities registered pursuant to Section 12(b) of the Act: | Title of each class | Trading symbol(s) | Name of each exchange on which registered | | --- | --- ...

SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________________________ to _________________________ Commission File Number: 001-41147 Fresh Vine Wine, Inc. (Exact name of registrant as specified in its charter) | ...

NEW YORK, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Fresh Vine Wine, Inc. (NYSE American: VINE), relating to its proposed merger with Adifex Holdings, LLC. Under the terms of the proposal, Fresh Vine and Adifex intend to enter into a defin ...

SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________________________ to _________________________ Commission File Number: 001-41147 Fresh Vine Wine, Inc. (Exact name of registrant as specified in its charter) | --- | ...

Fresh Vine Wine (NYSEMKT:VINE) stock is falling hard on Friday after the company's merger deal with Notes Live was terminated. Fresh Vine Wine and Notes Live have reached a mutual agreement to terminate the merger deal that was announced back in January. This is due to it not meeting conditions to close by the planned July 31, 2024 date. Notes Live is the company that first suggested the two terminate the merger and Fresh Vine Wine agreed. While the merger isn't moving forward, Fresh Vine Wine continues to ...

SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________________________ to _________________________ Commission File Number: 001-41147 Fresh Vine Wine, Inc. (Exact name of registrant as specified in its charter) Nevada ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO COMMISSION FILE NUMBER: 001-41147 FRESH VINE WINE, INC. (Exact name of registrant as specified in its charter) | Nevada | 87-3905007 | | --- | --- | | (State or other jurisdict ...

SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________________________ to _________________________ Commission File Number: 001-41147 Fresh Vine Wine, Inc. (Exact name of registrant as specified in its charter) (S ...

Financial Performance - For the three months ended June 30, 2023, net revenue was $330,125, a decrease from $1,019,377 in the same period of 2022[108] - Gross loss for the three months ended June 30, 2023, was $(1,999,530), compared to a gross profit of $183,325 for the same period in 2022[129] - The net loss for the six months ended June 30, 2023, was $(6,433,121), down from $(8,445,133) in the same period of 2022[108] - For the three months ended June 30, 2023, net revenue decreased by 67.6% to $330,125 compared to $1,019,377 in the same period of 2022[130] - Cost of revenues increased by 178.6% to $2,329,655 for the three months ended June 30, 2023, which included an inventory write-down of $1.7 million[130] - Selling, general and administrative expenses decreased by 51% to $2,970,380 for the three months ended June 30, 2023, compared to $6,049,066 in the same period of 2022[131] - Cash used in operating activities decreased to $(4,218,620) for the six months ended June 30, 2023, from $(10,448,273) in the same period of 2022[132] - The company raised $2,615,014 in net cash from financing activities during the six months ended June 30, 2023, compared to a net cash outflow of $(387,069) in the same period of 2022[133] - As of June 30, 2023, the company had an accumulated deficit of approximately $22.3 million and total stockholders' equity of approximately $2.4 million[135] - Current assets amounted to approximately $3.3 million, with current liabilities of $1.5 million, resulting in a working capital surplus of approximately $1.8 million[136] - The company projects that existing cash balance will be sufficient to fund operations into the fourth quarter of 2023, after which additional financing will be needed[144] Sales and Distribution - Direct-to-consumer (DTC) sales accounted for 51.8% of net revenue for the three months ended June 30, 2023, compared to 21.1% in the same period of 2022[122] - The company expanded its wholesale distribution relationships to 50 states, up from 48 states as of December 31, 2022[103] - The company plans to continue broadening its distributor network and increasing each distributor's average order size to accelerate growth[113] - The company expects to obtain sales proceeds totaling approximately $800,000 from the sale of up to 45,000 cases of wine to Grocery Outlet over the next three months[140] Inventory and Product Development - The company recorded a $1.7 million inventory write-down to reflect it at its net realizable value during the three months ended June 30, 2023[123] - Fresh Vine Wine added two new varietals in 2022, bringing the total to seven, which includes Cabernet Sauvignon, Pinot Noir, Chardonnay, Sauvignon Blanc, Rosé, Sparkling Rosé, and a limited Reserve Napa Cabernet Sauvignon[112] Future Outlook - The company anticipates net revenue to peak during the quarter spanning from October through December due to increased consumer demand around major holidays[114] - The company agreed to issue and sell up to 10,000 shares of Series A Convertible Preferred Stock for total gross proceeds of up to $1.0 million[142]

SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________________________ to _________________________ Commission File Number: 001-41147 Fresh Vine Wine, Inc. (Exact name of registrant as specified in its charter) (State ...