Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

This Current Report on Form 8-K/A of Gaucho Group Holdings, Inc. (the "Company") amends the Company's Current Report on Form 8-K dated July 13, 2020 and filed with the Securities and Exchange Commission on July 17, 2020 (the "Original Filing").

As disclosed in the Original Filing, the Board of Directors of the Company (the "Board") appointed Reuben Cannon as a Class I Director of the Board. Mr. Cannon's biography stated that he had been stockholder of the Company for several years. The correct statement is that Mr. Cannon has been a stockholder of the Company's subsidiary, Gaucho Group, Inc. for several years.

Except as described herein, no other changes have been made to our Current Report on Form 8-K filed on July 17, 2020.

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