EASTSIDE DISTILLING, INC. (OTCMKTS:ESDI) Files An 8-K Other EventsItem 8.01 Other Events
Eastside Distilling, Inc. (the “Company”) is currently offering up to 1,200,000 units (the “Units”) at $1.30 per Unit, each Unit consisting one share of common stock and one three year common stock purchase warrant exercisable at $2.50 per share (subject to adjustment), for total gross proceeds of up to $1,560,000 (the “Unit Offering”). The Unit Offering described above is being offered to exemptions from the registration requirements of the Securities Act of 1933, as amended, and will be made to a limited number of accredited investors to a Confidential Private Offering Memorandum.
This Current Report on Form 8-K is not an offer to sell or the solicitation of an offer to buy the Units. The disclosure provided in this Current Report on Form 8-K is being made to ensure compliance with certain prior agreements between the Company and MR Group I, LLC whereby the Company has granted MR Group I a right of first refusal in connection with certain securities offerings, while also agreeing that it will not disclose to MR Group I any material non-public information, such as the fact that the Company has undertaken to make an offering of securities.
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. EASTSIDE DISTILLING, INC. (OTCMKTS:ESDI) Recent Trading Information
EASTSIDE DISTILLING, INC. (OTCMKTS:ESDI) closed its last trading session 00.00 at 1.45 with 3,600 shares trading hands.