Company: BLNE
Filing Date: 2025-05-15
Form Type: 8-K
Source: 0001641172-25-010657
Chunk: 0

Company: Beeline Holdings, Inc.
Filing Date: 2025-05-15
Form: 8-K
Item: Item 1.01
Chunk 0
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Item
1.01 Entry into a Material Definitive Agreement.

On
May 12, 2025, the Company entered into an agreement with certain secured lenders pursuant to which such lenders agreed to extend the
maturity date of their respective Senior Secured Notes (the “ Notes”) which were issued on November 14, 2024 having an aggregate
principal amount of $538,000, as previously extended, to August 14, 2025.

On
May 13, 2025, the Company borrowed $250,000 from an affiliate of one of the lenders and issued it a $250,00 non-convertible promissory
note which is due on July 13, 2025, and bears interest computed at the per annum minimum Internal Revenue Service imputed as it may change
from time-to-time prior to maturity. Such promissory note may be exchanged for convertible preferred stock of the Company having such
terms as are reasonably acceptable to the Company and the lender.

Item
3.02 Unregistered Sales of Equity Securities.