Eastside distilling, inc. announces positive business and financial updates

Portland, ore. , june 13, 2023 /prnewswire/ -- eastside distilling, inc. (nasdaq: east) ("eastside" or the "company"), a consumer-focused beverage company that builds and supplies craft-inspired experiential brands and high-quality artisan products announces it has signed a non-binding term sheet with key first and second lien debt holders that, if completed, will convert a substantial portion of outstanding debt to equity.
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