Why Fresh Vine Wine (VINE) Stock Is Falling
Why Fresh Vine Wine (VINE) Stock Is Falling
Fresh Vine Wine Inc (NASDAQ:VINE) shares are trading lower by 9.5% to $0.71 during Monday's session after the company announced plans to merge with Notes Live, a live entertainment company with venues in Colorado and Atlanta.
Fresh Vine Inc（納斯達克股票代碼：VINE）股價在週一的交易中下跌9.5％，至0.71美元，此前該公司宣佈計劃與在科羅拉多州和亞特蘭大設有場地的現場娛樂公司Notes Live合併。
This non-binding agreement aims to finalize details by early 2024, with Notes Live expected to own a significant portion of Fresh Vine's shares post-merger.
這項不具約束力的協議旨在在2024年初之前敲定細節，預計Notes Live將在合併後擁有Fresh Vine的很大一部分股份。
The deal depends on due diligence, financial conditions, stock exchange approval and other standard procedures.
該交易取決於盡職調查、財務狀況、證券交易所批准和其他標準程序。
While both parties are enthusiastic about the potential, the agreement isn't finalized yet.
儘管雙方都對這種潛力充滿熱情，但該協議尚未最終敲定。
According to data from Benzinga Pro, VINE has a 52-week high of $1.99 and a 52-week low of $0.21.
根據Benzinga Pro的數據，VINE創下52周高點1.99美元，52周低點0.21美元。