Category Archives: Finance

MGP Ingredients to Pay 1.875% Interest on Convertible Notes

Posted on November 10, 2021 by Joel Whitaker

MGP Ingredients, Inc. priced its $175 million private placement of convertible senior notes due 2041 at 1.875%. The initial purchasers of the Notes also received an option to purchase, within a 13-day period beginning on, and including, the date on … Continue reading →

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Willamette Valley Vineyards Taps Tiicker to Spur Preferred Stock Sales

Posted on November 10, 2021 by Joel Whitaker

Willamette Valley Vineyards teamed with Tiicker, a direct-to-shareholder loyalty and rewards platform, to maximize its 2021 vintage Preferred Stock Offering to fund growth. Willamette is seeking the funds because it will be opening four new Tasting Rooms and Restaurants over … Continue reading →

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MGP to Place $175 Million of Short-Term Convertible Senior Notes Privately

Posted on November 9, 2021 by Joel Whitaker

MGP Ingredients, Inc. said it will offer $175 million aggregate principal amount of convertible senior notes due 2041 in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities … Continue reading →

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Eastside in Deal to Raise Over $2.5 Million, But Customers Can’t Play

Posted on October 25, 2021 by Joel Whitaker

Eastside Distilling Inc., Seattle, said it entered into a agreement in which Crater Lake Private Ltd. would purchase up to 2.5 million shares of Eastside’s Series B Preferred Stock, $0.0001 par value per share, at a purchase price of $1 … Continue reading →

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Vineyard Sales Lifts Schied Revenue 12.4%, Reversing Loss

Posted on October 20, 2021 by Joel Whitaker

Schied Vineyards reports a profit of $12.58 million , or $14.04 a share, in the first six months, reversing a year-earlier loss of $4.57 million.  Revenue totaled $17.96 million. Much of the profit was attributed to the sale of vineyard … Continue reading →

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Boxt Raises $9.35 Million to Expand Its Luxury Wine Offerings

Posted on October 20, 2021 by Joel Whitaker

Boxt, a female-founded, direct-to-consumer, membership-based subscription service winery, said it raised $9.35 million in equity and debt funding to drive the continued expansion of its luxury brand of fine wine offerings. The round was led by Next Coast Ventures and … Continue reading →

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