Filing Details

Accession Number:
0000921895-24-002277
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-10-10 20:30:31
Reporting Period:
2024-09-05
Accepted Time:
2024-10-10 20:30:31
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1534708 Eastside Distilling Inc. EAST () DE
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1288478 P L Fund Capital Bigger 159 Jennings Rd
Cold Spring Harbor NY 11724
No No Yes No
1749810 District 2 Capital Fund Lp 14 Wall Street
2Nd Floor
Huntington NY 11743
No No Yes No
1835725 District 2 Capital Lp 175 W Carver Street
Huntington NY 11743
No No Yes No
1996228 Michael Bigger 11700 W Charleston Blvd 170-659
Las Vegas NV 89135
No No Yes No
1996233 B.a.d. Company, Llc 11700 W Charleston Blvd 170-659
Las Vegas NV 89135
No No Yes No
1996238 District 2 Holdings Llc 14 Wall Street
2Nd Floor
Huntington NY 11743
No No Yes No
1996241 District 2 Gp Llc 14 Wall Street
2Nd Floor
Huntington NY 11743
No No Yes No
1996245 Bigger Capital, Llc 11700 W Charleston Blvd 170-659
Las Vegas NV 89135
No No Yes No
1996247 Bigger Capital Fund Gp, Llc 11700 W Charleston Blvd 170-659
Las Vegas NV 89135
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2024-09-05 296,722 $2.42 0 No 4 S Indirect The B.A.D. Company, LLC
Common Stock Acquisiton 2024-09-05 757,369 $3.05 757,369 No 4 C Indirect The B.A.D. Company, LLC
Common Stock Disposition 2024-09-05 157,369 $2.25 600,000 No 4 S Indirect The B.A.D. Company, LLC
Common Stock Disposition 2024-09-05 150,000 $2.28 450,000 No 4 S Indirect The B.A.D. Company, LLC
Common Stock Disposition 2024-09-05 150,000 $2.00 300,000 No 4 S Indirect The B.A.D. Company, LLC
Common Stock Disposition 2024-09-05 150,000 $1.81 150,000 No 4 S Indirect The B.A.D. Company, LLC
Common Stock Disposition 2024-09-05 150,000 $1.45 0 No 4 S Indirect The B.A.D. Company, LLC
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect The B.A.D. Company, LLC
No 4 C Indirect The B.A.D. Company, LLC
No 4 S Indirect The B.A.D. Company, LLC
No 4 S Indirect The B.A.D. Company, LLC
No 4 S Indirect The B.A.D. Company, LLC
No 4 S Indirect The B.A.D. Company, LLC
No 4 S Indirect The B.A.D. Company, LLC
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Series C Preferred Stock Disposition 2024-09-05 82,414 $0.00 757,369 $3.05
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
117,586 No 4 C Indirect
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 4,808 Indirect Bigger Capital Fund, LP
Common Stock 4,808 Indirect District 2 Capital Fund LP
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Amended and Restated Secured Convertible Promissory Note $3.05 2023-09-29 2025-03-31 65,458 65,458 Indirect
Common Stock Amended and Restated Secured Convertible Promissory Note $3.05 2023-09-29 2025-03-31 65,458 65,458 Indirect
Common Stock Amended and Restated Warrant $33.08 2023-09-29 2028-09-29 22,500 22,500 Indirect
Common Stock Amended and Restated Warrant $33.08 2023-09-29 2028-09-29 22,500 22,500 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
2025-03-31 65,458 65,458 Indirect
2025-03-31 65,458 65,458 Indirect
2028-09-29 22,500 22,500 Indirect
2028-09-29 22,500 22,500 Indirect
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.38 to $2.505.
  2. The Reporting Persons listed on this Form 4 may be deemed members of a group holding equity securities of the Issuer. This filing shall not be deemed to be an affirmation that such a group exists for purposes of the Securities Exchange Act of 1934, as amended, or for any other purpose or that any such Reporting Person is a beneficial owner of securities of the Issuer. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein.
  3. These securities are directly held by The B.A.D. Company, LLC ("B.A.D"). The members of B.A.D. are Bigger Capital Fund, LP ("Bigger Capital"), District 2 Capital Fund LP ("District 2 CF") and other entities. The Manager of B.A.D. is Bigger Capital, LLC, which has voting and dispositive power over the securities directly held by B.A.D. Michael Bigger, as the managing member of Bigger Capital, LLC, may be deemed to beneficially own the securities owned by B.A.D.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.12 to $2.34.
  5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.17 to $2.35.
  6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.84 to $2.19.
  7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.41 to $1.93.
  8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.38 to $1.48.
  9. These securities are directly held by Bigger Capital. Bigger Capital Fund GP, LLC ("Bigger GP"), as the general partner of Bigger Capital, may be deemed to beneficially own the securities directly held by Bigger Capital. Michael Bigger, as the managing member of Bigger GP, may be deemed to beneficially own the securities held directly by Bigger Capital.
  10. These securities are directly held by District 2 CF. District 2 Capital LP ("District 2"), as the investment manager of District 2 CF, may be deemed to beneficially own the securities directly held by District 2 CF. District 2 GP LLC ("District 2 GP"), as the general partner of District 2 CF, may be deemed to beneficially own the securities direclty held by District 2 CF. District 2 Holdings LLC ("District 2 Holdings"), as the managing member of District 2 GP, may be deemed to beneficially own the securities held by District 2 CF. Michael Bigger, as the managing member of District 2 Holdings, may be deemed to beneficially own the securities owned by District 2 CF.
  11. The Series C Preferred Stock is convertible at any time, at the holder's election, and has no expiration date.