Eastside Distilling, INC 8-K filings
Eastside Distilling sold additional shares of Series G Convertible Preferred Stock and warrants for $174,000, contributing to a larger offering now totaling over $3 million.
Beeline Loans, a subsidiary of Beeline Holdings, partners with RedAwning to integrate mortgage applications directly into RedAwning's platform, simplifying real estate investment for buyers.
Beeline Labs, a subsidiary of Eastside Distilling, announces its first capital raise for MagicBlocks, an AI-driven sales solution.
8-K: Eastside Distilling, Inc. Secures Shareholder Approval for Significant Increase in Authorized Shares
Eastside Distilling, Inc., operating as Beeline Holdings, has successfully increased its authorized common stock from 6 million to 100 million shares following a special shareholder meeting.
Beeline Financial Holdings has launched a new division, Beeline Labs, and its first product, BlinkQC, an AI-powered mortgage quality control solution designed to automate and streamline the QC process for lenders.
Eastside Distilling, Inc. announces its strategic shift into the fintech sector with the launch of Beeline Financial Holdings, an AI-driven mortgage platform, and a corresponding name and ticker symbol change to 'BLNE'.
Eastside Distilling sold units of Series G Convertible Preferred Stock and warrants for $350,000, part of a larger offering, and increased the authorized shares of Series G.
Eastside Distilling has entered into a $35 million equity line of credit agreement and secured a $700,000 insider loan to expand its real estate lending capabilities.
8-K: Eastside Distilling Secures $2.6 Million in Funding and Resolves Dispute with Joseph Gunnar & Co.
Eastside Distilling raised $2.6 million through the sale of Series G Convertible Preferred Stock and warrants, and settled a dispute with Joseph Gunnar & Co., terminating previous agreements.
Eastside Distilling's 2024 Annual Meeting saw stockholders approve a reverse stock split, elect six directors, and vote on executive compensation matters.
8-K: Eastside Distilling Secures $551,000 in Funding Through Series G Preferred Stock and Warrant Sales
Eastside Distilling has raised $551,000 through the sale of Series G Convertible Preferred Stock and warrants, with a portion of the investment coming from the CEO of a subsidiary.
Eastside Distilling, Inc. has finalized its merger with Beeline Financial Holdings, Inc., incorporating Beeline's AI-driven mortgage platform into its operations.
Eastside Distilling sold additional units of Series G Convertible Preferred Stock and warrants for $50,000, as part of a larger offering to raise up to $3,037,800.
Eastside Distilling has sold additional shares of its Series G Convertible Preferred Stock and warrants, raising $341,593 from three accredited investors.
8-K: Eastside Distilling Sells Additional Convertible Preferred Stock and Warrants, Raising $110,000
Eastside Distilling sold additional units of Series G Convertible Preferred Stock and warrants, raising $110,000, as part of a larger offering to raise up to $3,037,800.
Eastside Distilling, Inc. has dismissed M&K CPAS, PLLC and appointed Salberg & Company, P.A. as its new independent auditor effective December 4, 2024.
Eastside Distilling has issued warrants allowing the holder to purchase common stock, subject to certain terms and conditions including shareholder approval.
Eastside Distilling has entered into agreements to sell shares and warrants to accredited investors, raising $350,000 before expenses.
Eastside Distilling, Inc. has acquired Beeline Financial Holdings, Inc., a fintech mortgage lender, and is providing an update on Beeline's business and financial performance.
Eastside Distilling completed a private placement offering, raising $1.615 million through the sale of senior secured notes and warrants.
Eastside Distilling reported a mixed third quarter with positive EBITDA in its spirits segment but an overall net loss, while also completing a significant debt exchange and merger.
Eastside Distilling, Inc. has successfully merged with Beeline Financial Holdings, Inc. and restructured its debt, issuing new preferred stock and common stock to satisfy obligations and regain compliance with Nasdaq listing requirements.
Eastside Distilling has successfully completed a registered direct offering, raising approximately $0.4 million through the sale of common stock and pre-funded warrants to a single institutional investor.
Eastside Distilling is set to merge with Beeline Financial, a mortgage technology company, marking a strategic shift into the FinTech sector while also restructuring its debt and divesting its canning business.
Eastside Distilling has received a notice from Nasdaq that its stock price has fallen below the minimum $1.00 per share requirement, potentially leading to delisting.
Eastside Distilling's Board of Directors has amended the company's bylaws to reduce the quorum requirement for shareholder meetings from a majority to one-third of shares entitled to vote.
Eastside Distilling saw a significant increase in digital can printing but faced challenges in spirits sales during the second quarter of 2024.
Eastside Distilling has appointed Geoffrey Gwin as its new Chief Executive Officer, Chief Financial Officer, and Chairman of the Board, effective January 1, 2024, with a base salary of $300,000 per year.
Eastside Distilling has been given until October 7, 2024, to regain compliance with Nasdaq's equity requirements after reporting a stockholders' equity of $853,000, below the required $2.5 million.
Eastside Distilling has entered into a loan agreement for $1.1 million, issuing secured notes and warrants, while also amending its intercreditor agreement with existing lenders.