Company: BLNE
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023462
Chunk: 76

Company: Beeline Holdings, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 76
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ended ELOC Agreement
to reduce the amount from $35 million to $10 million. On September 8, 2025, the Company again amended the ELOC Agreement to increase
the commitment amount by $10 million, to maximum total sales of up to $20 million, and to remove minimum closing price conditions for
effecting purchases under the ELOC Agreement. As a result, the Company may sell up to $12.5 million under the ELOC Agreement (after giving
effect to prior sales) beginning after January 11, 2026. During the nine months ended September 30, 2025, the Company sold and issued
to the Purchaser 5,694,515 shares of common stock for gross proceeds of $7.5 million.

On April 30, 2025, the Company entered into an At
The Market Offering Agreement (the “ATM Agreement”) with Ladenburg Thalmann & Co., Inc., pursuant to which the Company
may issue and sell over time and from time to time, to or through Ladenburg, up to $12.0 million of shares of the Company’s common
stock. During the nine months ended September 30, 2025, the Company sold 5,540,043 shares for gross proceeds of $7.0 million. Subsequent
to September 30, 2025, the Company sold 367,655 shares for gross proceeds of $1.3 million.

During the nine months ended September 30, 2025, the
Company sold 6,417,159 shares of Series G Preferred Stock and five-year Warrants to purchase a total of 320,862 shares of common stock
for total gross proceeds of $3.3 million.

In October 2025, the Company expanded and diversified its
warehouse lines to $25.0 million tripling its prior $5.0 million line and adding two new $5.0 million lines with new lenders in anticipation
of rapid revenue growth and loan origination volume.

On November 11, 2025, the Company entered into a Securities
Purchase Agreement with certain accredited investors, pursuant to which the Company sold to the Investors a total of 4,620,000 common
shares at $1.60 per share, raising gross proceeds of $7.4 million.

The Company intends to continue raising capital through
equity to meet its internal cash requirements. The availability of additional financing will be largely dependent on operating success,
including improved gross margins