Eastside Distilling, Inc. 8-K Report: Key Updates & Insights for Investors

Based on the provided section of the financial report, key information and insights can be extracted as follows:
- Entity Information:
- Name: Eastside Distilling, Inc.
- CIK Number: 0001534708
- State of Incorporation: Nevada (NV)
- SEC File Number: 001-38182
- Tax ID: 20-3937596
- Address: 755 Main Street Building 4 Suite 3, Monroe, CT 06468
- Phone Number: (458) 800-9154
- Stock Information:
- Common Stock Par Value: $0.0001
- Stock Ticker Symbol: BLNE
- Exchange: NASDAQ
- Filing Type:
- The report is an 8-K filing, which is typically used to disclose significant events that shareholders should know about.
- Reporting Period:
- Report Date: February 17, 2025
- The report covers a single day, which is unusual for financial reports that typically cover a quarter or year.
- Units of Measure:
- Financial data is reported in U.S. Dollars (USD) and shares.
- Filing Context:
- The context indicates that the information is as of the date stated (February 17, 2025), suggesting it may include recent material events or updates relevant to investors.
Insights:
- The filing indicates that the company is actively providing updates to its investors through the 8-K format, potentially signaling recent developments or changes that may affect stock performance.
- The low par value of common stock ($0.0001) may suggest a high number of shares outstanding or a strategy to maintain liquidity.
- Being listed on NASDAQ signifies that the company meets certain requirements set by the exchange, which can be a positive indicator for investors.
- The information may be preliminary, as it covers a single date, and could be part of a larger narrative that will be clarified in subsequent filings.
Overall, this data provides a snapshot of Eastside Distilling, Inc.'s corporate identity and recent filing activity, which can help investors assess its current status and potential investment opportunities.