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Willamette Valley Vineyard Inc. | Series A Redeemable Preferred Stock (WVVIP)
Prospectus excerpt: This prospectus relates to the offer and sale of up to 970,588 shares of our Series A Redeemable Preferred Stock, to be issued during one or more offering periods described in this prospectus supplement. Sale prices of the shares to be issued in each period will increase incrementally to reflect what we believe is a reduction in investment risk that occurs with the passage of time. The minimum subscription in this offering is for 200 shares, and unless waived by the Company in its sole discretion, the maximum subscription is 1,205 shares. This offering is not subject to a minimum-proceeds closing condition, and the proceeds from sales of shares will be made available to the Company at the end of each offering period, as described below. We also may accept amounts less than those requested in your subscription, although we generally will not accept subscriptions for fewer than 200 shares. If we do accept less than a subscriber?s full purchase commitment, we will make every effort to manage under-allotments on a basis we believe to be equitable and reasonable. This prospectus supplement sets forth the specific terms of this offering and describes the terms of the Series A Redeemable Preferred Stock. You should read this prospectus supplement and any future prospectus supplements carefully, including the information incorporated by reference herein and therein, before making your investment decision. The amount of securities offered pursuant to General Instruction I.B.6 of Form S-3 during the twelve (12) calendar month period ending on and including the date of this prospectus supplement is $6,000,000. Based upon the aggregate value of the Registrant?s voting and nonvoting common equity as of the date hereof, which is $30,448,444, the amount of securities to be sold pursuant to this prospectus supplement may not exceed $4,125,000. Full Prospectus PDF », Secondary Prospectus PDF », WVVI Page »
Series: | A | Redeemable?: | Yes | Call Date: | 6/1/2021 (Now Trading Post Call Date) | Perpetual?: | Yes | Cumulative?: | No | Shares Offered: | 970,588 | Liquidation Preference: | $4.15 | Recent Market Price: | $4.24 | Premium to Liquidation Preference: (More Preferreds Trading at a Premium ») | $0.09 (2.17%) | Annualized Dividend: | 0.22 | Recent Ex-Date: | 12/6/2023 | Current Yield: | 5.19% | Original Coupon: | 5.30% | Pay Period: | Quarterly | Pay Dates: | 31-Mar, 30-Jun, 30-Sep, 31-Dec | CDx3 Compliance Rating: |
Learn WVVIP's Rating
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Willamette Valley Vineyards owns and operates vineyards and a winery located in the state of Oregon, and produces and distributes wines. The wines are sold principally under Co.'s Willamette Valley Vineyards label, but also under the Griffin Creek, Tualatin Estate, Pambrun, Maison Bleue, Natoma, Metis, Pere Ami and Elton labels. Co. has two segments: direct sales, which includes retail sales in the tasting room, wine club sales, online sales, on-site events, kitchen and catering sales and other sales made directly to the consumer without the use of an intermediary; and distributor sales, which includes all sales through a third party where prices are given at a wholesale rate. Preferred: WVVIP Open the WVVI Information Page »
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Name: |
Willamette Valley Vineyard Inc. |
Website: |
www.wvv.com |
Sector: |
Beverages & Wineries |
Number of ETFs Holding WVVI: |
3 (see which ones) |
Total Market Value Held by ETFs: |
$1,229,844 |
Total Market Capitalization: |
$25,000,000 |
% of Market Cap. Held by ETFs: |
4.92% |
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