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Stock impact report

Full Glass Wine Co. Secures $14 Million Funding; Acquires Leading DTC Wine Subscription Brand, Bright Cellars [Yahoo! Finance]

Fabrinet Ordinary Shares (FN) 
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Company Research Source: Yahoo! Finance
LOS ANGELES, April 04, 2024 BUSINESS WIRE )--Full Glass Wine Co., a brand acquisition and management firm focused on direct-to-consumer ("DTC") wine, announced two significant milestones today: the successful closing of their Series A funding round for $14 million, led by Shea Ventures, and the strategic acquisition of Bright Cellars, a leading subscription-based wine service. This combined announcement signifies Full Glass Wine Co.'s commitment to become the dominant player in the evolving DTC wine market. Full Glass Wine Co-Founder and CEO, Louis Amoroso, is a three-decade veteran and pioneer in the DTC beverage industry. Amoroso founded the largest wine and beer direct marketing company, Beverage Solutions, in 1991, and has since played a pivotal role in shaping the DTC landscape as he oversees the growth of multiple successful wine businesses. The capital will fuel the company's multi-brand platform vision, complementing its existing portfolio of well-established players in t Show less Read more
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