Company: BLNE
Filing Date: 2025-10-21
Form Type: S-1
Source: 0001493152-25-018826
Chunk: 17

Company: Beeline Holdings, Inc.
Filing Date: 2025-10-21
Form: S-1
Chunk 17
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, we amended the Purchase Agreement to increase the commitment amount by $10,000,000, to maximum total sales of up to $20,000,000, and to remove minimum closing price conditions for effecting purchases under the Purchase Agreement. As a result, we may now sell up to $12,500,000 under the Purchase Agreement (after giving effect to prior sales). The Purchase Agreement provides that, upon the terms and subject to the conditions set forth in the Purchase Agreement, the Company may issue and sell to C/M, and C/M shall purchase from the Company, up to $12,500,000, subject to certain limitations including the Selling Stockholder’s 4.99% beneficial ownership limitation.

The Purchase Agreement and the sale of up to $20,000,000 of shares of common stock thereunder was approved by the Company’s stockholders at a special meeting on March 7, 2025.

The Purchase Agreement essentially gives us the right to put (or offer to sell) common stock to C/M as described below. Specifically, the purchase and sale terms provided for by the Purchase Agreement are summarized as follows:

| (i) | Fixed                                                                                                                                 
 Purchase. On any business day, the Company has the right to direct C/M to purchase shares of common stock at a purchase               
 price equal to 95% of the lower of (A) the daily volume weighted average price (“VWAP”) of the Company’s common                       
 stock for the five trading days immediately preceding the applicable purchase date for such Fixed Purchase and (B) the lowest trading 
 price of a share of common stock on such date; provided that if the closing price of the common stock on such date is lower than      
 such purchase price, then the purchase price shall be reduced to equal such closing price, and provided further that such purchases   
 shall be subject to a daily limitation of $200,000;                                                                                   |

| (ii) | VWAP                                                                                                                                 
 Purchase. On any business day, the Company has the right to direct C/M to purchase common stock at a purchase price equal            
 to 95% of the lower of (A) the closing sale price on such date and (B) the VWAP during a period specified in the Purchase Agreement, 
 provided that such purchases shall be subject to a daily limitation of $2,500,000; and                                               |

| (iii) | Additional                                                                                                                            
 VWAP Purchase. In addition to the foregoing, the Company also has the right to direct C/M to purchase common stock