Company: BLNE
Filing Date: 2025-02-05
Form Type: DEF 14A
Source: 0001493152-25-005006
Chunk: 23

Company: Beeline Holdings, Inc.
Filing Date: 2025-02-05
Form: DEF 14A
Chunk 23
---
 issued or agreed to issue the Subsequent Securities. The purpose of the Share Issuance Proposals are to obtain shareholder approval of the issuances of common stock in excess of the Exchange Cap of 19.99% of the Company’s common stock as of October 7, 2024, the closing date of the Merger, in order to comply with Nasdaq rules. Shareholders are not being asked to approve any terms of the Merger, the subsequent transactions or the Equity Line of Credit, other than the issuances of common stock in excess of the 19.99% limitation.

| 22 |

Because Proposals 1 and 2 implicate
or potentially implicate the foregoing Nasdaq rules, the issuance of common stock and related rights in connection with each of the Merger
Shares, the other securities listed under Proposal 1 at page 29 and the Equity Line of Credit, which are referred to throughout
this Proxy Statement as the “Share Issuances” are being brought before the shareholder
for approval. Other than the issuances of shares of common stock and related rights and terms in connection with or underlying the Securities
issued connection with the Merger and subsequent transactions, our shareholders are not being asked to approve the Merger and subsequent transactions, including the Merger which closed on October 7, 2024.

This Proxy Statement contains
important information about the Merger and subsequent transactions, the Securities, the Proposals and the Special Meeting. You
should read it carefully before deciding how to vote on any of the Proposals.

Q: What are the consequences if the Share Issuance Proposals are not approved?

A:Unless and until shareholder
approval is obtained for the Merger Share Issuance Proposal, holders of Securities will be unable to convert, exercise or vote their Securities,
and we will be unable to proceed with the sales of common stock contemplated by the ELOC Agreement.

If we are unable to obtain shareholder approval for
the Share Issuance Proposal at the Special Meeting, we will seek to adjourn the Special Meeting to allow for more time to solicit
votes to approve the proposal. If we are unable to obtain approval for the Share Issuance Proposal or if we are delayed in doing
so, it could have negative consequences on our Company, including by limiting our ability to raise capital by precluding us from issuing
additional shares of common stock in accordance with Nasdaq rules, jeopardizing our continued listing on Nasdaq as a result, and potentially
resulting