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Beeline Holdings Secures $7.39 Million in Registered Direct Offering
PUBLIC · BLNENov 12, 2025•10 months ago
Amount Raised
$7.39 Million
Round Type
Post-IPO Equity
MonroeManufacturingInformation TechnologyCommerce and ShoppingFinancial ServicesSoftwareArtificial IntelligenceFinanceFintechLendingAnalytics
Investors
Accredited Investors
Description
On November 11, 2025, Beeline Holdings, Inc completed a registered direct offering, raising gross proceeds of $7,392,000. The company sold 4,620,000 shares of common stock at $1.60 per share. The proceeds will be used for general corporate purposes and to redeem outstanding shares of Series E Convertible Preferred Stock. The closing of the offering took place on November 12, 2025.
Company Information
Company
Eastside Distilling
Location
755 Main Street
Monroe, Connecticut, United States
About
Eastside Distilling, Inc. (NASDAQ: EAST) has been producing high-quality, award-winning craft spirits in Portland, Oregon, since 2008. The Company is distinguished by its highly decorated product lineup that includes Redneck Riviera and companion brand Granny Rich Whiskey, newly acquired Azuñia Tequilas, Burnside Bourbons and Rye, Hue-Hue Coffee Rum, and Portland Potato Vodkas. All Eastside spirits are crafted from natural ingredients for quality and taste. Eastside's Craft Bottling + Canning subsidiary is one of the Northwest's leading independent spirit bottlers and ready-to-drink canners.
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