Eastside Distilling Inc (EAST)

[FUNMAN]

EASTSIDE DISTILLING, INC. (OTCMKTS:ESDI) Files An 8-K Other Events

03/27/2017 | 09:50pm CEST

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.