Company: BLNE
Filing Date: 2025-02-05
Form Type: DEF 14A
Source: 0001493152-25-005006
Chunk: 74

Company: Beeline Holdings, Inc.
Filing Date: 2025-02-05
Form: DEF 14A
Chunk 74
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Stock Ownership of Eastside Directors and Executive Officers

On the Record Date, our directors and executive officers and their respective affiliates beneficially owned and were entitled to vote approximately 742,626 shares of Eastside common stock. These shares represent approximately 15.8% of the voting power outstanding on the Record Date. In addition, we have voting agreements covering another approximately 1,060,790 shares. The voting agreements represent approximately 22.4% of the voting power outstanding on the Record Date, and include the directors’ and officers’ voting power described above. These amounts may be lower to the extent any of the counterparties to the Voting Agreements have since sold or transferred any of their shares.

Votes Required to Approve Proposals

Approvals of the proposals to be considered at the Eastside Special Meeting require the vote thresholds described below. You may vote for or against any or all of the proposals submitted at the Eastside Special Meeting or you may abstain from voting.

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Required Vote for Approval of the Merger Share Issuance Proposal (Proposal 1)

Approval of the Merger Share Issuance Proposal requires the affirmative vote of a majority of the votes cast on the proposal. An abstention from voting or a broker non-vote will have no effect on the proposal.

Required Vote for Approval of Equity Line of Credit Proposal (Proposal 2)

Approval of the Equity Line of Credit Proposal requires the affirmative vote of a majority of the votes cast on the proposal. An abstention from voting or a broker non-vote will have no effect on the proposal.

Required Vote for Approval of the Name Change Proposal (Proposal 3)

Approval of the Name Change Proposal requires the affirmative vote of a majority of the outstanding voting power as of the Record Date. An abstention from voting or a broker non-vote will have the same effect as a vote against the proposal.

Required Vote for Auditor Ratification Proposal (Proposal 4)

Approval of the Auditor Ratification Proposal requires the affirmative vote of a majority of the votes cast on the proposal. An abstention from voting or a broker non-vote will have no effect on the proposal.

Required Vote for Adjournment Proposal (Proposal 5)

Approval of the Adjournment Proposal requires the affirmative vote of a majority of the votes cast at the Special Meeting. An abstention from voting or a broker non-vote will have no effect on the outcome of the vote for the proposal.

Effect of Proposal 1 on the Other Proposals

Effective immediately