Company: BLNE
Filing Date: 2025-01-03
Form Type: 8-K
Source: 0001493152-25-000234
Chunk: 1

Company: Beeline Holdings, Inc.
Filing Date: 2025-01-03
Form: 8-K
Item: Item 3.02
Chunk 1
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Item
3.02. Recent Sales of Unregistered Securities

PIPE
Offering

The
disclosure set forth in Item 1.01 is incorporated into this Item 3.02 by reference.

From
December 27, 2024 to January 2, 2025, the Company entered into a Securities Purchase Agreement with accredited investors
pursuant to which the Company sold units comprised of a total of 1,911,765 shares of a newly designated Series G Convertible Preferred
Stock (“ Series G”) and five-year Warrants to purchase a total of 955,882 shares of the Company’s Common Stock for total
gross proceeds of $975,000. Included in these sales is the purchase by Nick Liuzza referred to above.

The
offers and sales described above are part of the Company’s offering of up to a total of 5,956,467 shares of Series G and Warrants
to purchase up to 2,978,234 shares of Common Stock for total gross proceeds of up to $3,037,800. Since the offering of Series G shares
and Warrants commenced on November 26, 2024, the Company has sold to accredited investors a total of 5,163,908 shares of Series G and
Warrants to purchase 2,581,954 shares of Common Stock for total gross proceeds of $2,633,593. The Company intends to use the net
proceeds, after deducting offering expenses and related costs, for working capital and general corporate purposes.

In
connection with the foregoing, the Company entered into a Securities Purchase Agreement and Registration Rights Agreement with the investors.
The terms of the Securities Purchase Agreement, Series G, Warrants, and related Registration Rights Agreement were previously disclosed
in the Current Report on Form 8-K filed on December 3, 2024.

The
offer and sale of the units were exempt from registration Section 4(a)(2) of the Securities Act of 1933 and Rule 506(b) promulgated thereunder.

The
foregoing description of the terms of the Series G, the Warrants, the Securities Purchase Agreement, the Registration Rights Agreement
and the transactions contemplated thereby does not purport to be complete and is qualified in its entirety by reference to the forms
of the Series G, the form of Warrant, the form of Securities Purchase Agreement, and the form of Registration Rights Agreement, copies
of which are filed or incorporated by reference as Exhibits 3