EASTSIDE DISTILLING, INC. (OTCMKTS:ESDI) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Item 5.03. Amendments to Articles of Incorporation or Bylaws;
Change in Fiscal Year.
On June 14, 2017, Eastside Distilling, Inc. (the Company) filed a
certificate of change with the Nevada Secretary of State to
Nevada Revised Statutes 78.209 to (i) decrease the number of
authorized shares of common stock from 45,000,000 to 15,000,000
shares and (ii) effectuate a 1-for-3 reverse stock split of the
outstanding common stock. The certificate of change was filed
with an effective date of June 15, 2017 and is filed as Exhibit
3.1 to this Current Report on Form 8-K. to the Nevada Revised
Statutes, the Companys board of directors is authorized to
effectuate the reverse stock split without stockholder approval
where such split is accomplished with a concurrent proportional
decrease in the Companys authorized common stock. Prior to the
reverse split, 9,939,649 shares of common stock were issued and
outstanding. After the reverse split, 3,313,217 shares of common
stock will be issued and outstanding (subject to adjustment for
settlement of fractional shares that will be rounded up to the
nearest whole share).
Section 9 Financial Statements and Exhibits
Item 9.01Financial Statements and
Exhibits.
| (c) | Exhibits. |
| Exhibit | |||
| Number | Description | ||
| 3.1 | Certificate of Change, effective June 15, 2017 |
About EASTSIDE DISTILLING, INC. (OTCMKTS:ESDI)
Eastside Distilling, Inc. (Eastside) is a manufacturer, developer, producer and marketer of master-crafted spirits. The Company’s beverage alcohol categories include bourbon, whiskey, rum and vodka. The Company operates through the marketing and distributing of hand-crafted spirits segment. Its brands include Burnside Bourbon, Burnside Oregon Oaked Bourbon, Barrel Hitch American Whiskey, Barrel Hitch Oregon Oak American Whiskey, Below Deck Silver Rum, Below Deck Ginger Rum, Below Deck Coffee Rum, Below Deck Spiced Rum, Portland Potato Vodka, Marionberry Whiskey and Cherry Bomb Whiskey. Eastside creates seasonal and limited edition handmade products, such as Advocaat (eggnog) Liqueur, Peppermint Bark Liqueur, Bier Schnapps and Holiday Spiced Liqueur. Eastside distributes its products in approximately 15 states, including Oregon, Washington, Nevada, Texas, Virginia, Indiana, Illinois, New York, New Jersey, Massachusetts, Connecticut, Minnesota, Georgia, Pennsylvania and Maryland.