Lenny Gotter Sells 4,000,000 Shares of Eastside Distilling Inc (ESDI) Stock
Eastside Distilling Inc (NASDAQ:ESDI) Director Lenny Gotter sold 4,000,000 shares of Eastside Distilling stock in a transaction that occurred on Thursday, September 15th. The shares were sold at an average price of $0.03, for a total value of $120,000.00. Following the completion of the sale, the director now directly owns 8,150,000 shares in the company, valued at approximately $244,500. The sale was disclosed in a legal filing with the SEC, which is available at this link.
Shares of Eastside Distilling Inc (NASDAQ:ESDI) opened at 0.08 on Thursday. The firm has a 50-day moving average price of $0.09 and a 200-day moving average price of $0.10. Eastside Distilling Inc has a one year low of $0.04 and a one year high of $0.51. The stock’s market cap is $7.63 million.
Eastside Distilling Company Profile
Eastside Distilling, Inc (Eastside) is a manufacturer, developer, producer and marketer of master-crafted spirits. The Company’s beverage alcohol categories include bourbon, whiskey, rum and vodka. The Company operates through the marketing and distributing of hand-crafted spirits segment. Its brands include Burnside Bourbon, Burnside Oregon Oaked Bourbon, Barrel Hitch American Whiskey, Barrel Hitch Oregon Oak American Whiskey, Below Deck Silver Rum, Below Deck Ginger Rum, Below Deck Coffee Rum, Below Deck Spiced Rum, Portland Potato Vodka, Marionberry Whiskey and Cherry Bomb Whiskey.
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