Inactive Instrument

Winc, Inc.

WBEV

US97265W1053

Motion for Asset Sale Approved for Winc, Inc.

January 18, 2023 at 10:30 am IST

The US Bankruptcy Court gave an order approving the sale of substantially all the assets of Winc, Inc. on January 18, 2023. The debtor has been authorized to sell substantially all its assets to Project Crush Acquisition Corp LLC for a purchase price of $11 million in cash. Matt Hallinan; Erin Kirchner; Matt Silverman; Eric Walker of Cooley LLP acted as legal advisors to the buyer.

Latest news about Winc, Inc.

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