Vintage Wine Announces Forbearance Agreement Extension with Lenders
Vintage Wine Estates, Inc. (VWE)
Company Research
Source: Business Wire
SANTA ROSA, Calif.--(BUSINESS WIRE)--Vintage Wine Estates, Inc. (Nasdaq: VWE and VWEWW) (the “Company”) today announced that the Company and its lender group have amended the amended and restated forbearance agreement dated April 2, 2024 (as amended, the “amended forbearance agreement”) to extend the forbearance period to June 4, 2024. The lenders have also agreed to defer the $10 million principal payment previously due at May 15, 2024 to June 17, 2024.Under the amendment to the amended and restated forbearance agreement, the lender group has agreed to not exercise any rights and remedies until June 4, 2024, so long as the Company complies with the terms of the amended forbearance agreement and otherwise remains in compliance with the Second Amended and Restated Loan and Security Agreement.About Vintage Wine Estates, Inc.Vintage Wine Estates brings to market a unique portfolio of cider and Super Premium+ wines at $15+ per bottle. The Company leverages brand-affiliated wine clubs,
Show less
Read more
Impact Snapshot
Event Time:
VWE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
VWE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
VWE alerts
High impacting Vintage Wine Estates, Inc. news events
Weekly update
A roundup of the hottest topics
VWE
News
- Vintage Wine Estates Third Quarter 2024 Earnings: US$0.44 loss per share (vs US$0.23 loss in 3Q 2023) [Yahoo! Finance]Yahoo! Finance
- Vintage Wine Announces Forbearance Agreement Extension with Lenders [Yahoo! Finance]Yahoo! Finance
- Vintage Wine Estates' US$3.7m Market Cap Fall Books Insider Losses [Yahoo! Finance]Yahoo! Finance
- Vintage Wine Estates Announces Appointment of Steven Strom to Board of Directors [Yahoo! Finance]Yahoo! Finance
- Vintage Wine Estates Announces Appointment of Steven Strom to Board of DirectorsBusiness Wire
VWE
Sec Filings
- 6/11/24 - Form 424B3
- 6/11/24 - Form 424B3
- 6/11/24 - Form 8-K
- VWE's page on the SEC website