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Eastside Distilling ( (BLNE) ) just unveiled an update.
Eastside Distilling, Inc. announced the adoption of its 2025 Equity Incentive Plan on February 10, 2025, which offers various stock-based awards to employees and stakeholders, subject to shareholder approval. The plan initially allows for 300,000 shares of common stock, which may increase to 12 million shares following shareholder approval of preferred stock conversion. Additionally, a reverse stock split at a 1-for-10 ratio was authorized, effective March 6, 2025, impacting the number of shares under the plan.
More about Eastside Distilling
YTD Price Performance: -18.94%
Average Trading Volume: 177,311
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $3.23M
For an in-depth examination of BLNE stock, go to TipRanks’ Stock Analysis page.
