Inactive Instrument

Winc, Inc.

WBEV

US97265W1053

Winc, Inc. Filed for Bankruptcy

November 30, 2022 at 12:00 am

Winc, Inc., along with its affiliate, filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the District of Delaware on November 30, 2022. The debtor listed its assets in the range of $50 million to $100 million and liabilities of $9.33 million. The debtor is represented by Matthew B. Lunn and Allison S Mielke of Young Conaway Stargatt & Taylor, LLP as its legal counsels.

RPA Advisors, LLC is appointed as financial advisor, Canaccord Genuity Group Inc. is appointed as investment banker and Epiq Bankruptcy Solutions, LLC is appointed as notice, claims, solicitation, and balloting agent.

Latest news about Winc, Inc.

Project Crush Acquisition Corp LLC acquired Assets from Winc, Inc. (OTCPK:WBEV.Q) and Winc Lost Poet, LLC.	12-06	CI
Winc, Inc. Emerged from Bankruptcy	23-08-09	CI
Combined Reorganization Plan Approved for Winc, Inc.	23-08-03	CI
Second Motion for Exclusivity Period Extension Approved For Winc, Inc.	23-07-17	CI
Modified Disclosure Statement Approved for Winc, Inc.	23-06-27	CI
Combined Reorganization Plan and Disclosure Statement Filed by Winc, Inc.	23-06-05	CI
First Motion for Exclusivity Period Extension Approved For Winc, Inc.	23-03-13	CI
First Motion for Exclusivity Period Extension Filed by Winc, Inc.	23-02-20	CI
Winc, Inc. Announces Geoffrey McFarlane Resignation from Board of Directors	23-02-07	CI
Winc, Inc. Announces Executive Changes	23-01-26	CI
Winc, Inc. Terminates Brian Smith Interim Chief Executive Officer, Effective January 20, 2023	23-01-26	CI
Winc, Inc. Terminates Carol Brault, the Company’s Chief Financial Officer, Effective January 20, 2023	23-01-26	CI
AMASS Brands, Inc. acquired Operating assets of Winc, Inc.	23-01-25	CI
Motion for Asset Sale Approved for Winc, Inc.	23-01-18	CI
Notice of Selection of Successful Bidder Filed by Winc, Inc.	23-01-09	CI
Final DIP Financing Approved for Winc, Inc.	23-01-05	CI
Revised Asset Purchase Agreement Filed by Winc, Inc.	22-12-22	CI
Bidding Procedure Approved for Winc, Inc.	22-12-21	CI
Winc, Inc.(NYSEAM:WBEV) dropped from S&P TMI Index	22-12-16	CI
Top Premarket Decliners	22-12-07	MT
Interim DIP Financing Approved for Winc, Inc.	22-12-07	CI
Motion for Asset Sale Filed by Winc, Inc.	22-12-07	CI
Project Crush Acquisition Corp LLC entered into an asset purchase agreement to acquire Assets from Winc, Inc. (OTCPK:WBEV.Q) and Winc Lost Poet, LLC for $10 million.	22-12-06	CI
Motion for Joint Administration Approved for Winc, Inc.	22-12-05	CI
Top Premarket Gainers	22-12-02	MT

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Company Profile

Winc, Inc. is a producer of alcoholic beverage products available for purchase through wholesale and direct-to-consumer (DTC) channels. The Company's products are available in the wholesale channel at premium retailers and restaurants throughout the Country, including Whole Foods, Here Everything's Better (H-E-B), Safeway/Albertsons and Target. In the DTC channel, the Company offers dedicated brand websites and participation in its membership rewards program (Insider Access) that enables consumers to gain access to member-only pricing, emails, newsletters, special offers, and other updates to maximize their experience. Insider Access customers are charged a monthly fee in exchange for credits which the customer may redeem for the Company's products at any time through the Winc.com platform. The Company develops its products in conjunction with winemakers, vineyards, distillers and manufacturers, both domestically and internationally.

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Distillers & Wineries

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