Notes Live, Inc. announced that it has entered into a non-binding letter of intent definitive agreement for equity investment for an aggregate gross proceeds of $500,000 on December 4, 2023. The transaction will include participation from new investor, Fresh Vine Wine Inc. The company entered into definitive agreement, and it anticipated to be executed from January 31, 2024. The company expects to close the transaction in the second quarter of 2024, subject to various closing conditions.

The company has issued equity in the transaction.