EASTSIDE DISTILLING, INC. (OTCMKTS:ESDI) Files An 8-K Material Modification to Rights of Security Holders
Item 3.03. Material Modification to Rights of Security Holders
On June 28, 2019, Eastside Distilling, Inc. (Nasdaq: EAST) (“Eastside”) announced the extension of the warrant exercise period for its outstanding warrants to purchase shares of common stock of Eastside, which were sold in a private offering in June 2016 (collectively, the “Warrants”), from 6:00 pm New York, New York time on June 30, 2019 to 6:00 pm New York, New York time on July 31, 2019 (the “Extension Time”). The Warrants and shares of common stock issuable upon exercise of the Warrants are registered on Form S-3 as previously filed with and declared effective by the Securities and Exchange Commission. Registered holders of the Warrants will have until the Extension Time to exercise each Warrant for one share of common stock at an exercise price of $6.00 per share.
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.
