Company: BLNE
Filing Date: 2025-01-17
Form Type: PRE 14A
Source: 0001493152-25-002779
Chunk: 18

Company: Beeline Holdings, Inc.
Filing Date: 2025-01-17
Form: PRE 14A
Chunk 18
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    |     |                                  |  0.4 | % |
| Prior Options            |     |                                   |      1,042 |    |     |                                  |  0.0 | % |
| Former Beeline Options*  |     |                                   |  3,878,847 |    |     |                                  |  2.8 | % |
| Former Beeline Warrants* |     |                                   |    287,094 |    |     |                                  |  0.2 | % |
| ELOC Share Issuances*    |     |                                   | 39,215,686 |    |     |                                  | 28.5 | % |

*Issuances and related rights (including conversion, exercise and voting rights, as applicable) are subject to shareholder approval. Does not give effect to potential increases due to adjustment provisions contained in certain of these securities. (1) Assumes the maximum amount of Series G and G Warrants are sold in that offering,

| 18 |

As stated above, if our shareholders approve Proposal 2 and we have sufficient authorized common stock, under the ELOC we expect we can issue up to 39,215,686 shares of common stock using the $0.51 price as the absolute minimum floor for issuances under the ELOC. Whatever number we issue under the ELOC will dilute our common shareholders including those as of the Record Date and subsequent shares issued.

Interestsof Executive Officers and Directors in the Proposals (page 45)

When you consider the Board’s recommendations that shareholders vote in favor of the proposals described in this Proxy Statement, you should be aware that some of our executive officers and directors may have interests that may be different from, or in addition to, Eastside shareholders’ interests. For additional information see “Interests of Executive Officers and Directors in the Proposals” at page 45.

Securities Ownership

One of our directors and Nicholas Liuzza, the Beeline Chief Executive Officer hold Series G and Series F and F-1, and therefore their conversion, exercise and voting rights with respect to the securities they hold are implicated by the Merger Share Issuance Proposal. See “Principal Shareholders” at page 51.

Employment Matters

As described above, Nicholas Liuzza, Beeline’s Chief Executive Officer, is expected to become the Company’s Chief Executive Officer if the shareholders vote to approve the Merger Share Issuance Proposal.

Executive Officers and Board of Directors of Eastside After