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Iconic Brands Inc
44 Seabro Ave
Phone: (516) 887-8200p:516 887-8200 AMITYVILLE, NY  11701  United States Ticker: ICNBICNB

Involuntary Bankruptcy Petition Filed on 10/16/2023
On 10/16/2023, an Involuntary Chapter 11 Petition (Case #23-73829) was filed against Iconic Brands, Inc. in the U.S. Bankruptcy Court for the Eastern District of New York (Central Islip) by Petitioning Creditors: Arena Investors, LP, Arena Finance Markets, LP, and Arena Special Opportunities Partners I, LP.
On 1/5/2024, the involuntary petition filed against the Company for reorganization under Chapter 11 was converted to Chapter 7.

Business Summary
Iconic Brands, Inc. is engaged in the development and sale of alcohol and non-alcohol brands. The Company's brand, Bellissima is a premium collection of Prosecco, Sparkling Wines, and Still Wines, which are all vegan and made with organic grapes. The Bellissima line of Prosecco and Sparkling Wines includes two new flavor profiles, a Zero Sugar/Zero Carb Sparkling Rose and a Rose Prosecco. Bellissima Zero Sugar Still Wines are vegan and are made with organic grapes. Its Bella Sprizz Aperitifs comprise a line of aperitifs consisting of three different expressions, a classic Italian aperitif, an all-natural elderflower aperitif and a classic Italian bitter. Its BiVi Vodka is sold under the brand name BiVi 100 percent Sicilian Vodka. The Company's ready-to-freeze and ready-to-drink alcohol and non-alcohol products are produced under contract for third-party national and regional brands and for its own product line.
(Source: 10-K)

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
-Yes-Yes---

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
3/31/202312/31/2022YesYesYes--

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Chairman of the Board, President, Chief Executive Officer, Principal Financial Officer Richard J.Decicco 64 5/19/2023 5/1/2007
Chief Operating Officer JohnCosenza 54 7/26/2021 7/26/2021
Vice President, Director RoseannFaltings 64 5/13/2015 5/13/2015

Subsidiaries
Business Name Address City State/Province Country
TopPop LLC 44 Seabro Avenu Amityville NY United States

Business Names
Business Name
Bellissima Spirits LLC
BiVi LLC
Empire Wine and Spirits, LLC
4 additional Business Names available in full report.

General Information
Number of Employees: 42 (As of 12/31/2022)
Outstanding Shares: 107,616,138 (As of 4/11/2023)
Shareholders: 200
Stock Exchange: OTC
Federal Tax Id: 134362274


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Thursday, March 28, 2024