Eastside Distilling, Inc. is a renowned craft distillery that has evolved from a small rum importer to the first publicly traded craft distillery in the United States - listed as NASDAQ: EAST. With a focus on premium beverages, the company has steadily grown its portfolio, featuring award-winning spirits like the Quercus Garryana barrel-finished Burnside Whiskey family, Hue-Hue Cold Brewed Coffee Rum, and Azuñia Organic Tequilas. Committed to expanding its craft footprint, the company has strategically acquired entities such as Big Bottom Distilling, Motherlode Bottling Services, Craft Canning + Bottling, and Azuñia Tequila to enhance its capabilities. This has enabled Eastside Distilling to increase its stake in the craft and premium beverage trade, while also streamlining its operations and decreasing overhead. The $6.51M post-IPO equity investment on 13 October 2023 further underscores investor confidence in the company's growth trajectory, positioning Eastside Distilling for continued success in the food and beverage industry.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Post-IPO Equity | $6.51M | - | 13 Oct 2023 | |
| Post-IPO Debt | $3.00M | 1 | TQLA | 24 Mar 2022 |
| Post-IPO Equity | $2.00M | - | 24 Jun 2016 | |
| Post-IPO Debt | $575.00K | - | 02 May 2016 | |
| Post-IPO Equity | $972.00K | - | 04 Apr 2016 |
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