Eastside Distilling Files 8-K on Agreements and Equity Sales
Ticker: BLNE · Form: 8-K · Filed: Dec 3, 2024 · CIK: 1534708
| Field | Detail |
|---|---|
| Company | Eastside Distilling, Inc. (BLNE) |
| Form Type | 8-K |
| Filed Date | Dec 3, 2024 |
| Risk Level | medium |
| Pages | 5 |
| Reading Time | 6 min |
| Key Dollar Amounts | $0.0001, $595,000, $0.65, $0.51 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, equity-sale, corporate-action
Related Tickers: EATS
TL;DR
Eastside Distilling (EATS) filed an 8-K detailing new agreements and equity sales. Watch for updates.
AI Summary
Eastside Distilling, Inc. filed an 8-K on November 26, 2024, reporting on several key events. These include entering into a material definitive agreement, unregistered sales of equity securities, and amendments to its articles of incorporation or bylaws. The filing also includes financial statements and exhibits, indicating ongoing corporate activities and potential changes.
Why It Matters
This filing signals significant corporate actions by Eastside Distilling, including potential new agreements and equity transactions, which could impact its financial structure and future operations.
Risk Assessment
Risk Level: medium — The filing involves material definitive agreements and unregistered sales of equity, which can introduce financial and operational risks.
Key Players & Entities
- Eastside Distilling, Inc. (company) — Registrant
- November 26, 2024 (date) — Date of earliest event reported
- Nevada (jurisdiction) — State of incorporation
- 001-38182 (identifier) — Commission File Number
- 20-3937596 (identifier) — IRS Employer Identification No.
FAQ
What was the nature of the material definitive agreement entered into by Eastside Distilling?
The filing does not specify the details of the material definitive agreement, only that one was entered into as of November 26, 2024.
What type of equity securities were sold in the unregistered sale?
The filing indicates unregistered sales of equity securities occurred, but does not specify the type or amount of securities sold.
What specific amendments were made to Eastside Distilling's articles of incorporation or bylaws?
The filing states that amendments to articles of incorporation or bylaws occurred, but the specific changes are not detailed in the provided excerpt.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on November 26, 2024.
What is Eastside Distilling's state of incorporation and fiscal year end?
Eastside Distilling, Inc. is incorporated in Nevada and its fiscal year ends on December 31.
Filing Stats: 1,512 words · 6 min read · ~5 pages · Grade level 14.2 · Accepted 2024-12-03 16:33:28
Key Financial Figures
- $0.0001 — ction 12(b) of the Act: Common Stock, $0.0001 par value EAST The Nasdaq Stock Mar
- $595,000 — ommon Stock for total gross proceeds of $595,000. The Company intends to use the net pro
- $0.65 — are exercisable at an exercise price of $0.65 per share beginning on the effective da
- $0.51 — share of Series G has a stated value of $0.51. The holder of Series G shares has no c
Filing Documents
- form8-k.htm (8-K) — 53KB
- ex3-a_1.htm (EX-3.(A)(1)) — 120KB
- ex3-a_2.htm (EX-3.(A)(2)) — 7KB
- ex3-b.htm (EX-3.B) — 8KB
- ex3-c.htm (EX-3.C) — 10KB
- ex4-a.htm (EX-4.A) — 168KB
- ex10-a.htm (EX-10.A) — 206KB
- ex10-b.htm (EX-10.B) — 97KB
- ex3-a1_001.jpg (GRAPHIC) — 713KB
- ex3-a2_001.jpg (GRAPHIC) — 371KB
- ex3-b_001.jpg (GRAPHIC) — 381KB
- ex3-c_001.jpg (GRAPHIC) — 393KB
- 0001493152-24-048508.txt ( ) — 3546KB
- east-20241126.xsd (EX-101.SCH) — 3KB
- east-20241126_lab.xml (EX-101.LAB) — 33KB
- east-20241126_pre.xml (EX-101.PRE) — 24KB
- form8-k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit Description 3(a)(1) Certificate of Designation of Series G Preferred Stock, filed on November 26, 2024 3(a)(2) Certificate of Correction of Series G Preferred Stock, filed on December 2, 2024 3(b) Certificate of Correction of Certificate of Designation of Series F Preferred Stock, filed on November 27, 2024 3(c) Certificate of Correction of Certificate of Designation of Series F-1 Preferred Stock, filed on November 27, 2024 4(a) Form of Warrant 10(a) Form of Securities Purchase Agreement* 10(b) Form of Registration Rights Agreement* 104 Cover page interactive data file (embedded within the iXBRL document) * Certain schedules, appendices and exhibits to this agreement have been omitted in accordance with Item 601(b)(2) of Regulation S-K. A copy of any omitted schedule and/or exhibit will be furnished supplementally to the Securities and Exchange Commission staff upon request. 3 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: December 3, 2024 EASTSIDE DISTILLING, INC. By: /s/ Geoffrey Gwin Geoffrey Gwin Chief Executive Officer 4