Company: BLNE
Filing Date: 2025-02-05
Form Type: DEF 14A
Source: 0001493152-25-005006
Chunk: 22

Company: Beeline Holdings, Inc.
Filing Date: 2025-02-05
Form: DEF 14A
Chunk 22
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 stock outstanding on the Record Date. To our knowledge, our directors and executive officers and their respective affiliates intend to vote their voting power in favor of all proposals presented at the Special Meeting, and any adjournment or postponement thereof, except that holders of the Series F, F-1 and G are not permitted to vote under Nasdaq rules.

Recommendations of the Board

YOUR VOTE IS IMPORTANT. Eastside shareholders must approve the Share Issuance Proposals in order for the Company to complete certain transactions following the Merger, including capital raising transactions and other matters which are critical to the Company’s ongoing operations, business plan and future success.

The Board unanimously recommends that Eastside shareholders vote “ FOR” each Proposal being brought before the shareholders at the Special Meeting. Without approval of Proposals 1 and 2, Eastside will be unable to raise capital while its common stock is listed on Nasdaq. It will be able to raise capital if it is delisted, but in recent years it has become increasingly difficult for unlisted companies to raise capital.

In making its recommendation that the shareholders vote to approve the Proposals including 1 and 2, the Board considered, among other matters, the Company’s and Beeline’s capital needs, the value and benefits for continued listing of the Company’s common stock on Nasdaq, and contractual obligations to which the Company is committed.

For additional information see “The Special Meeting — Board Recommendations” at page 59.

<div align='center'>QUESTIONS AND ANSWERS</div>

The following are some questions you may have regarding the Proposals and the Special Meeting. We urge you to read carefully this entire proxy statement, including the annexes attached hereto and the other documents to which this Proxy Statement refers or which it incorporates by reference because the information in this section may not provide all the information that is important to you.

Questions and Answers About the Share Issuance Proposals

Q: What is the purpose of the Share Issuance Proposals?

A:Nasdaq Rule 5635(b) requires that the issuance of 20% or more of the Company’s common stock in connection with a change of control transaction such as the Merger must be approved by the shareholders of the Company. While the Merger has closed, the Merger Shares issued thereunder are subject to limitations on conversion, exercise and voting unless and until shareholder approval is obtained in accordance with Nasdaq rules. Additionally, following the Merger, the Company entered into and engaged in certain subsequent transactions under which it