Company: BLNE
Filing Date: 2025-02-05
Form Type: DEF 14A
Source: 0001493152-25-005006
Chunk: 297

Company: Beeline Holdings, Inc.
Filing Date: 2025-02-05
Form: DEF 14A
Chunk 297
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 90-day lock-up following the Closing.

(e) the outstanding Beeline Debentures have been converted into Beeline Common Stock.

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(f) Eastside shall have raised $3,000,000 in gross proceeds from the sale of preferred stock and warrants on terms economically similar to the Term Sheet attached as Exhibit B.

(g) The Employment Agreement with Geoffrey Gwin has been amended in a manner satisfactory to Eastside, Beeline and Gwin.

6.2 Conditions Specific to Obligations of Eastside and Merger Sub. The obligations of Eastside to consummate the transactions contemplated by this Agreement are further subject to the satisfaction, at or before the Closing Date, of all the following conditions, any one or more of which may be waived in writing by Beeline:

(a) Accuracy of Representations and Warranties. All representations and warranties made by Beeline shall be true and correct on and as of the Closing Date as though such representations and warranties were made on and as of that date (other than those representations and warranties that address matters only as of a particular date or only with respect to a specific period of time which need only be true and accurate as of such date or with respect to such period), except where the failure of such representations and warranties to be so true and accurate (without giving effect to any limitation as to “materiality” set forth therein), would not have a Material Adverse Effect on Beeline.

(b) Performance. Beeline shall have performed, satisfied and complied with in all material aspects all covenants, agreements and conditions required by this Agreement to be performed, satisfied or complied with by Beeline on or before the Closing Date.

(c) Certification. Eastside shall have received a certificate, dated the Closing Date, signed by an officer of Beeline certifying:

| (i) | that                                                                           
 the conditions specified in Sections 6.2(a) and (b) above have been fulfilled; |

| (ii) | that,                                                                                                                                   
 as of the Closing Date, there are no equity securities issued by Beeline and outstanding other than Common Stock and the stock options, 
 other equity grants, if any, and warrants to be assumed by Eastside pursuant to Section 2.1(e);                                         |

| (iii) | that,                                                                                                                                  
 as of the Closing Date, there are no other rights to acquire equity securities issued by Beeline that will not be assumed by Eastside; |

| (iv) | the                                                                                   
 Debenture holders of Be