Company: BLNE
Filing Date: 2025-01-08
Form Type: S-1/A
Source: 0001493152-25-001415
Chunk: 30

Company: Beeline Holdings, Inc.
Filing Date: 2025-01-08
Form: S-1/A
Chunk 30
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 portion of its cash to pay principal and interest on debt, which will reduce the amount of cash flow available 
 to fund mortgage loan originations, working capital and other expenditures, and other business activities;                            |
| ● | result                                                                                                                                
 in certain of Beeline’s debt instruments being accelerated to be immediately due and payable or being deemed to be in default         
 if certain terms of default are triggered, such as applicable cross-default and/or cross-acceleration provisions;                     |
| ● | limit                                                                                                                                 
 Beeline’s future ability to raise funds for working capital, mortgage loans, strategic acquisitions or business opportunities,        
 and other general corporate requirements;                                                                                             |
| ● | restrict                                                                                                                              
 Beeline’s ability to incur specified indebtedness, create or incur certain liens;                                                     |
| ● | increase                                                                                                                              
 Beeline’s vulnerability to adverse economic and industry conditions; and                                                              |
| ● | increase                                                                                                                              
 Beeline’s exposure to interest rate risk from variable rate indebtedness.                                                             |

Beeline’s ability to comply with the terms and conditions of its debt may be affected by events beyond its control, and if it is unable to meet or maintain the necessary covenant requirements or satisfy, or obtain waivers for, the covenants, it may lose the ability to borrow under all of its debt facilities, which could materially and adversely affect its business.

| 23 |

If Beeline is unable to access or utilize the warehouse lines of credit in the future, it will be unable to fund loans and thus continue its business operations as a lender and would need to act as a broker on all loans it originates or completely discontinue operations. If Beeline originates loans ineligible for warehouse funding or experiences increases in buybacks, its loan advance rates may be negatively impacted which may present a liquidity risk.

Beeline’s ability to meet its payment obligations depends on its ability to generate significant cash flows or obtain external financing in the future. This ability, to some extent, is subject to market, economic, financial, competitive, legislative and regulatory factors as well as other factors that are beyond Beeline’s control. There can be no assurance that Beeline’s business will generate cash flow from operations, or that additional capital will be available to it, in amounts sufficient to enable it to meet its debt payment obligations and to fund other liquidity needs.

Risks Related to Beeline’s Products, Technology, and Intellectual Property

Beeline’s business relies on technology infrastructure, which exposes it to cybersecurity and technology infrastructure risks.

Like Spirits, Beeline’s business model requires