Gaucho Group Holdings, Inc. announced a private placement of 7% senior secured convertible notes in the aggregate principal amount of $73,141 on September 26, 2023. The notes are issued at a premium of $11,739 and are convertible into 33,334 shares of common stock of the company at a conversion price of $2.70 per share. The notes issued are exempt from registration available under Section 4(a)(2) and/or Rule 506(b) of Regulation D promulgated under the Securities Act.