Eastside Distilling Announces Corporate Transformation and Debt Restructuring

TipRanks10-09

An update from Eastside Distilling ( (EAST) ) is now available. On September 4, 2024, Eastside and its subsidiary Craft undertook a Debt Exchange Agreement with several investors, leading to a series ...

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These actions culminated in Eastside pivoting from the canning to the spirits business, now holding a majority stake in Bridgetown Spirits Corp., indicative of a significant corporate transformation.See more insights into EAST stock on TipRanks’ Stock Analysis page.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4169":"酿酒商与葡萄酒商","EAST":"Eastside Distilling, Inc."},"translate_title":"Eastside Distilling宣布公司转型和债务重组","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EAST":0.9},"content_text":"An update from Eastside Distilling ( (EAST) ) is now available.\nOn September 4, 2024, Eastside and its subsidiary Craft undertook a Debt Exchange Agreement with several investors, leading to a series of strategic financial transactions aimed at restructuring Eastside’s debt and equity. 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