Eastside Distilling Files Definitive Proxy Statement

TL;DR

Eastside Distilling proxy statement is out. Time to vote on directors and company proposals.

AI Summary

Eastside Distilling, Inc. filed its definitive proxy statement on October 28, 2024, for its annual meeting. The filing details the company's governance, executive compensation, and proposals to be voted on by shareholders. Key items likely include the election of directors and ratification of auditors.

Why It Matters

This filing provides shareholders with crucial information to make informed voting decisions on company leadership and important corporate matters.

Risk Assessment

Risk Level: low — This is a routine regulatory filing (DEF 14A) and does not contain new financial performance data or significant strategic announcements.

Key Players & Entities

• Eastside Distilling, Inc. (company) — Registrant
• 20241028 (date) — Filing Date
• 0001493152-24-042632 (filing_id) — Accession Number

FAQ

Key Financial Figures

• $0.0001 — Company’s common stock, par value $0.0001 per share, from 6,000,000 to 40,000,000
• $1.00 m — mon stock of the Company must sustain a $1.00 minimum bid price (the “Minimum Bid
• $1.00 — uo;s Common Stock was below the minimum $1.00 per share requirement for continued inc

Filing Documents

• formdef14a.htm (DEF 14A) — 185KB
• 0001493152-24-042632.txt ( ) — 186KB

From the Filing

DEF 14A 1 formdef14a.htm United Securities and Exchange Commission Washington, D.C. 20549 SCHEDULE 14A Proxy Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, For Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Materials Pursuant to Rule 14a-12 Eastside Distilling, Inc. (Name of Registrant as Specified in Its Charter) (Name of Person(s) Filing Proxy Statement, if Other Than the Registrant) Payment of Filing Fee (Check all boxes that apply): No fee required. Fee paid previously with preliminary materials Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 EASTSIDE DISTILLING, INC. 755 Main Street Monroe, Connecticut 06468 NOTICE OF SPECIAL MEETING OF STOCKHOLDERS To be held on November 25, 2024 To the Stockholders of Eastside Distilling, Inc. NOTICE IS HEREBY GIVEN that a Special Meeting of Stockholders (the “Special Meeting”) of Eastside Distilling, Inc. (the “Company”) will be held on November 25, 2024, beginning at 11:00 a.m. Eastern Time. The Special Meeting will be held solely in a virtual meeting format online at www.virtualspecialmeeting.com/EAST2024SM . You will not be able to attend the Special Meeting at a physical location. At the Special Meeting, stockholders will act on the following matters: To adopt and approve an amendment to our Articles of Incorporation to effect a reverse stock split of our issued shares of common stock, at a specific ratio, ranging from one-for-two (1:2) to one-for-ten (1:10), at any time prior to the one-year anniversary date of the Special Meeting, with the exact ratio to be determined by the Board of Directors without further approval or authorization of our stockholders (the “Reverse Split Proposal”); To adopt and approve an amendment to our Articles of Incorporation to increase the number of authorized shares of the Company’s common stock, par value $0.0001 per share, from 6,000,000 to 40,000,000, which we refer to as the “Charter Amendment Proposal”; and To approve the adjournment of the Special Meeting to a later date or dates, if necessary or appropriate, to permit further solicitation and vote of proxies in the event that there are insufficient votes for, or otherwise in connection with, the approval of the Reverse Split Proposal or the Charter Amendment Proposal (the “Adjournment Proposal”). Pursuant to the Company’s Amended and Restated Bylaws (the “Bylaws”), the Board has fixed the close of business on October 31, 2024 as the record date for determination of the stockholders entitled to vote at the Special Meeting and any adjournments or postponements thereof. Your vote is important. We urge you to submit your proxy (1) over the internet, (2) by telephone, or (3) by mail, whether or not you plan to attend the meeting in person. For specific instructions, please refer to “About the Meeting” beginning on the first page of the proxy statement and the instructions on the proxy card relating to the special meeting. We would appreciate receiving your proxy at your earliest convenience. By Order of the Board of Directors Geoffrey Gwin CEO Monroe, Connecticut November 4, 2024 Proxy For the Special Meeting of Stockholders To Be Held on November 25, 2024 TABLE OF CONTENTS ABOUT THE MEETING 1 THE REVERSE SPLIT PROPOSAL 4 THE CHARTER AMENDMENT PROPOSAL 11 the adjournment proposal 12 SECURITY 13 HOUSEHOLDING OF SPECIAL MEETING MATERIALS 15 OTHER MATTERS 15 EASTSIDE DISTILLING, INC. 755 Main Street Monroe, Connecticut 06468 PROXY This proxy statement contains information related to our Special Meeting of Stockholders to be held on November 25, 2024, at 11:00 a.m. Eastern Time, or at such other time and place to which the Special Meeting may be adjourned or postponed (the “Special Meeting”). The enclosed proxy is solicited by the Board of Directors (the “Board”) of Eastside Distilling, Inc. (the “Company”). The proxy materials relating to the Special Meeting are being mailed to stockholders entitled to vote at the meeting on or about November 4, 2024. A list of record holders of the Company’s common stock entitled to vote at the Special Meeting will be available for examination by any stockholder, for any purpose germane to the Special Meeting, at our principal offices at 755 Main Street, Monroe, Connecticut, during normal business hours for ten days prior to the Special Meeting and available during the Special Meeting. ABOUT THE MEETING When and where will the Special Meeting be held? The Special Meeting will be held on November 25, 2024, at 11:00 a.m. Eastern T

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View this DEF 14A filing on SEC EDGAR