SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report:
September 14, 2017
Algodon Wines and Luxury Development Group, Inc.
(Exact name of registrant as specified in its charter)
135 Fifth Ave., 10th Floor
New York, NY 10010
Address of principal executive offices
Telephone number, including
Former name or former address if changed since last report
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
|[ ]||Written communications pursuant to Rule 425 under the Securities Act|
|[ ]||Soliciting material pursuant to Rule 14a-12 under the Exchange Act|
|[ ]||Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act|
|[ ]||Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act|
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities
Exchange Act of 1934 (17 CFR §240.12b-2). Emerging growth company [ ]
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
Item 3.02. Unregistered Sales of Equity Securities
This Current Report on Form 8-K/A of Algodon Wines & Luxury Development Group, Inc. (the “Company”) amends the Company’s Current Report on Form 8-K dated September 14, 2017 and filed with the Securities and Exchange Commission on October 10, 2017 (the “Original Filing”).
As disclosed in the Original Filing, the Company reported the sales of shares of its Series B Convertible Preferred Stock (“Series B Preferred”) between September 1, 2017 and September 29, 2017 to accredited investors. During that period, the correct total cash proceeds was $218,000.00 and the correct total number of Series B Preferred issued was 21,800.
Except as described herein, no other changes have been made to our Current Report on Form 8-K filed on October 10, 2017.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized, on the 14th day of November 2017.
|Algodon Wines & Luxury Development Group, Inc.|
|Maria Echevarria, CFO|