Company: BLNE
Filing Date: 2025-01-03
Form Type: S-1/A
Source: 0001493152-25-000284
Chunk: 98

Company: Beeline Holdings, Inc.
Filing Date: 2025-01-03
Form: S-1/A
Chunk 98
---
                                      |     - |     |                                                 |       - |
| Total                                               |     |                                      | 2,120 |     | $                                    | 57.95 |     |                                                 | 239,254 |

| (1) | 2016                                                                                                                                  
 Stock Incentive Plan. On September 8, 2016, the Company adopted the 2016 Equity Incentive Plan (the “2016 Plan”). Under               
 the 2016 Plan, 596,307 shares are available for future grants. The Board or the Compensation Committee may grant awards of restricted 
 stock, restricted stock units (“RSUs”), stock options and stock appreciation rights. As of December 31, 2023, there were              
 2,120 options, with a weighted-average exercise price of $57.95 per share, and 196,619 RSUs issued under the 2016 Plan, with vesting  
 schedules varying between immediate and three years from the grant date.                                                              |

| 85 |

<div align='center'>RELATED PARTY TRANSACTIONS</div>

The following is a description of transactions during 2023 and 2024 to date as to which the amount involved exceeds the lesser of $120,000 or one percent (1%) of the average of the Company’s total assets at year-end for the last two completed fiscal years, which was $194,000, and in which any related person has or will have a direct or indirect material interest, other than equity, compensation, termination and other arrangements, which are described above under the heading “Executive Compensation.” Certain related party information is also included for Beeline.

LD Investments LLC

On September 29, 2023, the Company entered into a Secured Promissory Note with LD Investments LLC (“LDI”) in the principal amount of $1.4 million, representing advances made by LDI to the Company between December 2022 and August 2023. Patrick Kilkenny is the principal owner of LDI. Mr. Kilkenny is the spouse of Stephanie Kilkenny, a member of our Board.

On September 29, 2023, the Company entered into the Debt Satisfaction Agreement with LDI and other creditors. See: “Debt Satisfaction Agreement” below. The entire principal and interest on the LDI Note were exchanged for equity issued to the SPV, in which LDI held a 21% interest.

Debt Satisfaction Agreement

On September 29, 2023, the Company entered into the Debt