Eastside Distilling Successfully Closes $5 Million Private Placement With CEO’s Significant Investment

Eastside Distilling, Inc. (NASDAQ: BLNE), operating as Beeline Holdings, announced the culmination of a $5 million private placement on February 19, 2025. Notably, more than half of this funding originated from the company’s CEO, underpinning a strong belief in the company’s direction. The purpose behind this capital influx is to drive accelerated growth, reduce debt, […]

Feb 21, 2025 - 08:05
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Eastside Distilling Successfully Closes $5 Million Private Placement With CEO’s Significant Investment
Eastside Distilling, Inc. (NASDAQ: BLNE), operating as Beeline Holdings, announced the culmination of a $5 million private placement on February 19, 2025. Notably, more than half of this funding originated from the company’s CEO, underpinning a strong belief in the company’s direction. The purpose behind this capital influx is to drive accelerated growth, reduce debt, […]