Company: BLNE
Filing Date: 2025-05-20
Form Type: 10-Q
Source: 0001641172-25-011724
Chunk: 44

Company: Beeline Holdings, Inc.
Filing Date: 2025-05-20
Form: 10-Q
Item: Part I, Item 1
Chunk 44
---
 - 
  
    Outstanding as of December 31, 2024 
     315,056  
     4.6  
     28.20  
     1.0 
  
    Additions due to price protection adjustment 
     1,774,986  
     5.0  
     6.50  
     - 
  
    Issued with Series G Preferred Stock units sold 
     389,490  
     5.0  
     1.67  
     0.3 
  
    Expired 
     (500) 
     -  
     (788.0) 

    Outstanding as of March 31, 2025 
     2,479,032  
     4.9  
    $5.65  
    $0.3 

Beeline
Warrants

In
the Merger Agreement, the Company agreed to assume 5,868 outstanding Beeline Warrants with an exercise price of $231.20 per share. The
new Warrants have not been issued as of the date of this Report.

17.
COMMITMENTS AND CONTINGENCIES

Legal
Matters

The
Company is not currently subject to any material legal proceedings; however, it could be subject to legal proceedings and claims from
time to time in the ordinary course of its business, or legal proceedings it considered immaterial may in the future become material.
Regardless of the outcome, litigation can, among other things, be time consuming and expensive to resolve, and can divert management
resources.

Government
Regulations Affecting Mortgage Loan Origination

Beeline
Financial operates in a heavily regulated industry that is highly focused on consumer protection. The extensive regulatory framework
to which Beeline Financial is subject includes U.S. federal and state laws and regulations.

Governmental
authorities and various U.S. federal and state agencies have broad oversight and supervisory authority over all aspects of Beeline Financial’s
business.

Under
the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”), the Consumer Financial Protection Bureau
(the “CFPB”) was established to ensure, among other things, that consumers receive clear and accurate disclosures regarding
financial products and to protect consumers from hidden fees and unfair, deceptive or abusive acts or practices. The CFPB’s jurisdiction
includes those persons producing or brokering residential mortgage loans. It also extends