Docoh
Loading...

EAST Eastside Distilling

Employees

Data from SEC filings
Employee count

Shareholder alignment

Proxy contests and exempt solicitations in last 3 years

No recent proxy contest or exempt solicitation filings from shareholders.

Vote support at last AGM


On August 19, 2021, Eastside Distilling, Inc. (“Eastside” or the “Company”) held its Annual Meeting of Stockholders in virtual meeting over the Internet (the “Meeting”). Holders of Eastside’s common stock were entitled to one vote for each share held as of the close of business on June 21, 2021 (the “Record Date”). The total number of shares of Eastside’s common stock voted in person or by proxy at the Meeting was 8,385,152, representing approximately 67.52% of the 12,417,577 shares outstanding and entitled to vote at the Meeting, which constituted a quorum for the transaction of business.



At the Meeting, Eastside’s stockholders voted on six proposals, each of which is described in more detail in Eastside’s definitive proxy statement filed with the Securities and Exchange Commission on July 6, 2021 (the “Proxy Statement”). The following matters were submitted to a vote of the stockholders, the results of which were as follows:



1. Election of Directors.



The following persons were elected as directors of Eastside by the votes cast as follows:



NomineeVotes ForVotes WithheldBroker Non-Votes
Paul Block3,953,7051,610,2572,821,190
Eric Finnsson5,209,990353,9722,821,190
Robert Grammen4,750,177813,7852,821,190
Stephanie Kilkenny4,874,887689,0752,821,190
Elizabeth Levy-Navarro5,446,312117,6502,821,190




Each of the five nominees for director was elected to serve until the next annual meeting of stockholders and until his or her successor has been elected and qualified, or until his or her earlier death, resignation, or removal.



2. Approval of Executive Compensation.



Advisory approval of compensation of Eastside’s named executive officers passed with the following votes:



Votes ForVotes AgainstAbstentionsBroker Non-Votes
4,995,856425,074143,0322,821,190








3. Amendment to Articles of Incorporation.



The amendment to Eastside’s articles of incorporation to increase the number of authorized shares of Eastside’s Common Stock from 15,000,000 to 35,000,000 was approved per the votes cast as follows:



Votes ForVotes AgainstAbstentions
8,025,458358,4361,258




There were no broker non-votes on this proposal.



The stockholders approved the amendment to the Articles of Incorporation.



4. Approval of Anti-Dilution Protection Provisions



The anti-dilution protection provisions included in $3,300,000 of principal amount of 6% secured convertible promissory notes and warrants to purchase up to 900,000 shares of the Company’s common stock were approved per the votes cast as follows:



Votes ForVotes AgainstAbstentionsBroker Non-Votes
5,021,496542,399672,821,190




The stockholders approved the Anti-Dilution Protection Provisions.



5. Ratification of M&K CPAS, PLLC.



The proposal to ratify M&K CPAS, PLLC as Eastside’s independent registered public accounting firm for fiscal year 2021 was approved per the votes cast as follows:



Votes ForVotes AgainstAbstentions
8,079,898117,214188,040




There were no broker non-votes on this proposal.



The stockholders ratified the appointment of M&K CPAS, PLLC as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2021.



6. Adjournment of Annual Meeting



The adjournment of the Annual Meeting was approved per the votes cast as follows:



Votes ForVotes AgainstAbstentions
8,206,907174,3243,921




There were no broker non-votes on this proposal.



The stockholders approved the Adjournment Proposal. The proxy holders determined not to seek to continue, adjourn, or postpone the Meeting to solicit additional proxies, as Proposals 3 and 4 were approved.



Exhibit

No.
Description
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)