Company: BLNE
Filing Date: 2025-03-10
Form Type: 8-K
Source: 0001493152-25-009635
Chunk: 4

Company: Beeline Holdings, Inc.
Filing Date: 2025-03-10
Form: 8-K
Item: Item 8.01
Chunk 4
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Item 8.01 Other Information.

Approval of Initial Listing
Application

On March 5, 2025, the Company
received a letter from Nasdaq notifying the Company that Nasdaq has approved its application for listing of the Company’s common
stock on The Nasdaq Capital Market, which was submitted by the Company in connection with its Merger with Beeline. Although the Company’s
common stock is currently listed on The Nasdaq Capital Market, the Merger required the Company to file an initial listing application
due to the change of control, which occurred at the special meeting of shareholders described elsewhere in this Current Report on Form
8-K.

Conversions of Preferred
Stock

On March 7, 2025, following
shareholder approval of the Merger, holders of the Company’s Series F Convertible Preferred Stock, Series F-1 Convertible Preferred
Stock, and Series G Convertible Preferred Stock converted many of such preferred shares (totaling 55,959,501 shares of preferred stock)
into a total of 55,959,501 shares of common stock. As a result of these conversions, there are now 60,780,152 shares of common stock issued
and outstanding, and Nicholas Liuzza, Jr, the new Chief Executive Officer of the Company, beneficially owns a total of 27,188,888 shares
of common stock or 39.1% of the outstanding common stock including shares issuable within 60 days under derivative securities.

Item 9.01 Financial Statements and Exhibits