Gaucho Group Holdings Inc. (VINO) Regains Nasdaq Compliance

Gaucho Group Holdings, Inc. (NASDAQ: VINO), a company that includes a growing collection of e-commerce platforms with a concentration on fine wines, luxury real estate, and leather goods and accessories (the "Company" or "Gaucho Holdings"), today received a letter from the Listing Qualifications Department (the "Staff") of The Nasdaq Stock Market advising that the Company has regained compliance with Nasdaq's minimum bid price listing requirements for its shares of common stock and that the matter is now closed.

Previously, in a letter dated July 14, 2022, the Staff notified Gaucho Holdings that for the 30 consecutive business days preceding the date of the letter, the bid price of the Company's common stock had closed below the $1.00 per share minimum bid price required for continued listing, and that the Company had 180 calendar days to regain compliance by meeting or exceeding the minimum bid price for a period of at least 10 consecutive business days.

Shares of VINO common stock closed on November 18, 2022, at $1.55 per share.

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