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An announcement from CFN Enterprises ( (CNFN) ) is now available.
On November 3, 2025, CFN Enterprises Inc. completed the acquisition of Prestige Worldwide Wine Company, LLC, a winemaking consulting firm, through its subsidiary J Street Capital Partners, LLC. The acquisition, paid for with 150,000 shares of CFN’s common stock, includes Prestige’s global trademarks, intellectual property, formulations, distributor network, and client base. This strategic move is seen as a key element in CFN’s evolving direction, complementing its recent acquisition of J Street and potentially impacting its subsidiary, Ranco, LLC. The acquisition also involves a consulting agreement with Wine Trends Marketing, LLC, for the services of renowned wine industry expert Thomas Hinde.
More about CFN Enterprises
CFN Enterprises Inc., through its wholly owned subsidiary J Street Capital Partners, LLC, operates as an importer and wholesaler of wines and alcoholic beverages, distributing to states such as Nevada, New York, New Jersey, Florida, and California. Its clientele includes bars, restaurants, casinos, and hotels.
Average Trading Volume: 1,164
Technical Sentiment Signal: Sell
Current Market Cap: $18.13M
For a thorough assessment of CNFN stock, go to TipRanks’ Stock Analysis page.