Category Archives: Finance

Dry Land Distillers Raises $1.3 Million in Private Round

Posted on April 19, 2022 by Joel Whitaker

Dry Land Distillers, Longmont, Colo., successfully closed its first Class A private financing round, raising nearly $1.3 million.  Proceeds will be used to increase production capacity 400%.  

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CBrands Speeds Stock Buyback

Posted on April 7, 2022 by Joel Whitaker

Constellation Brands, Inc. said it entered into an accelerated share repurchase (“ASR”) agreement with Bank of America, N.A. to repurchase $500.0 million of its Class A common stock (“Common Stock”). Under the ASR agreement, Constellation will receive approximately 1.7 million … Continue reading →

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Sands Family Gets Set to Bail from Constellation Brands

Posted on April 4, 2022 by Joel Whitaker

That’s not how they are spinning it, of course.  Officially, Constellation Brands said the Sands Family has proposed declassifying Constellation Brand’s common stock, a move that would lead to a single-class common stock structure.  Each Class B common share would the … Continue reading →

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Eastside Distilling Secures $3 Million Credit Facility

Posted on March 24, 2022 by Joel Whitaker

Eastside Distilling, Inc. said it has closed a new secured credit facility of up to $3 million in available principal amount with TQLA, LLC. The Company has entered into a definitive agreement with TQLA, LLC to accept a one-year loan … Continue reading →

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Highclere Castle Gin Launches Multi-Million Dollar Investment Crowdfund

Posted on March 23, 2022 by Joel Whitaker

Highclere Castle, known to millions of fans around the world as “the real Downton Abbey”, is inviting fans to invest in Highclere Castle Gin, one of the fastest growing and most awarded gin brands in the world. Investors will be … Continue reading →

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Chelly Launches $1.07 Million Crowdfunder

Posted on February 22, 2022 by Joel Whitaker

Chelly, producer of a new-age infused limoncello, is for the first time, inviting anyone who has at least $250 and an internet connection, to become a part owner through StartEngine. “We are at an inflection point where we need to … Continue reading →

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