Company: BLNE
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004793
Chunk: 215

Company: Beeline Holdings, Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1A
Chunk 215
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    difficulties in assimilating acquired operations or products, including failure to realize synergies;

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    unanticipated costs that could materially adversely affect our results of operations;

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    negative effects on reported results of operations from acquisition-related charges and amortization of acquired intangibles;

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    diversion of management’s attention from other business concerns;

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    adverse effects on existing business relationships with suppliers, distributors and retail customers;

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    risks of entering new markets or markets in which we have limited prior experience; and

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    the potential inability to retain and motivate key employees of acquired businesses.

Our ability to grow through the
acquisition of additional brands is also dependent upon identifying acceptable acquisition targets and opportunities, our ability to consummate
prospective transactions on favorable terms, or at all, and the availability of capital to complete the necessary acquisition arrangements.
We intend to finance our brand acquisitions through a combination of our available cash resources, third-party financing and, in appropriate
circumstances, the further issuance of equity and/or debt securities. Acquiring additional brands could have a significant effect on our
financial position and could cause substantial fluctuations in our quarterly and yearly operating results. Also, acquisitions could result
in the recording of significant goodwill and intangible assets on our financial statements, the amortization or impairment of which would
reduce reported earnings in subsequent years.

We face substantial competition
in the spirits industry and have limited financial resources compared to other competitors.

We compete on the basis of product
taste and quality, brand image, price, service and ability to innovate in response to consumer preferences. The global spirits industry
is highly competitive and is dominated by several large, well-funded international companies. Many of our competitors have longer operating
histories and have substantially greater financial, sales, marketing and other resources than we do, as well as larger installed customer
bases, greater name recognition and broader product offerings. These large competitors can devote financial and other greater resources
to the development, promotion, sale and support of their products. As a result, it is possible that our competitors may either respond
to industry conditions or consumer trends more rapidly or effectively or resort to price competition to sustain market share, which could
adversely affect our sales and profitability.

We face unique risks relating
to class actions or other litigation relating to alcohol abuse or the misuse of alcohol.

Our industry faces the possibility
of class action or similar litigation alleging that the continued excessive use or abuse of