Fresh Vine Wine, Inc. (NYSE – VINE)

SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of Fresh Vine Wine, Inc. (NYSE – VINE)

BALA CYNWYD – November 18, 2024 /Newsfile/ – Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of Fresh Vine Wine, Inc. (“Fresh Vine Wine” or the “Company”) (NYSE – VINE) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the sale of the Company to Amaze Software, Inc. (“Amaze”) (through Adifex Holdings LLC). Under the terms of the Agreement, Fresh Vine Wine stockholders will receive $10.00 per share in cash in a deal valued at approximately $1.7 billion.

The investigation concerns whether the Fresh Vine Wine Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether Silver Lake is paying fair value to shareholders of the Company. For example, the deal consideration is below the 52-week high of $10.85 for the Company’s shares.

If you own shares of Fresh Vine Wine stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman by email at clients@brodsky-smith.com, or call toll free 855-576-4847.

Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.

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