Company: BLNE
Filing Date: 2025-11-12
Form Type: 424B5
Source: 0001493152-25-021786
Chunk: 8

Company: Beeline Holdings, Inc.
Filing Date: 2025-11-12
Form: 424B5
Chunk 8
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 effectiveness of the S-1 be delayed, on November 13, 2025 each investor shall have the right to elect to (i) revert back to the Series E and convert the Series E in accordance with its terms, or (ii) receive their respective payment with the Payment Deadline extended to December 1, 2025. Additionally, in such event on November 13, 2025, the Company shall pay the investors a premium totaling $100,000.

In October 2025, the Company expanded its warehouse lines to $25.0 million tripling its prior $5.0 million line and adding two new $5.0 million lines with new lenders.

On September 26, 2025, the Company filed a prospectus supplement registering the sale of an additional up to $5,000,000 of shares of Common Stock pursuant to the At the Market Offering Agreement with Ladenburg Thalmann & Co. Inc. as Manager. As of the date of this prospectus supplement, the Company has sold 367,555 shares for gross proceeds of $1,277,627 pursuant to the at-the-market program under such prospectus supplement. Such amount is in addition to prior sales of a total of 5,540,043 shares of Common Stock for total gross proceeds of approximately $7,000,000 which had previously been sold under such Agreement.

Other than
the warehouse lines of credit, Beeline has no outstanding indebtedness having repaid or converted over $7,500,000 since the beginning
of 2025.

On July 25, 2025, the Company entered into a Debt Satisfaction Agreement (the “DSA”) with Spirits and three individuals (the “Buyers”) including Geoffrey Gwin, the President of Spirits, pursuant to which the Company transferred to the Buyers all 530,000 shares of Spirits common stock held by the Company, representing 53% of the outstanding Spirits common stock, in exchange for the satisfaction of outstanding amounts payable by the Company to the Buyers totaling $367,404 and released from Spirits and the Buyers relating thereto. The Company also released Spirits from certain obligations and liabilities in connection with the transaction. As a result of the foregoing, Spirits is no longer a subsidiary of the Company.

In connection with the DSA, the Company loaned Spirits $75,000, in exchange for which Spirits executed and delivered to the Company a Senior Secured Original Issue Discount Promissory Note and Security Agreement (the “Note”) in the principal amount of $