Company: BLNE
Filing Date: 2025-05-20
Form Type: 10-Q
Source: 0001641172-25-011724
Chunk: 114

Company: Beeline Holdings, Inc.
Filing Date: 2025-05-20
Form: 10-Q
Item: Part I, Item 8
Chunk 114
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 as of and for the three months ended March 31, 2025 is presented below:

 SUMMARY OF WARRANT ACTIVITY

    Warrants  
    Weighted-Average Remaining Life (Years)  
    Weighted-Average Exercise Price  
    Aggregate Intrinsic Value (in millions) 
  
    Outstanding as of December 31, 2023 
     20,167  
     3.8  
    $348.70  
    $- 
  
    Granted 
     414,494  
     4.6  
     18.90  
     1.0 
  
    Expired 
     (119,605) 
     4.3  
     50.00  
     - 
  
    Outstanding as of December 31, 2024 
     315,056  
     4.6  
     28.20  
     1.0 
  
    Additions due to price protection adjustment 
     1,774,986  
     5.0  
     6.50  
     - 
  
    Issued with Series G Preferred Stock units sold 
     389,490  
     5.0  
     1.67  
     0.3 
  
    Expired 
     (500) 
     -  
     (788.0) 

    Outstanding as of March 31, 2025 
     2,479,032  
     4.9  
    $5.65  
    $0.3 

Beeline
Warrants

In
the Merger Agreement, the Company agreed to assume 5,868 outstanding Beeline Warrants with an exercise price of $231.20 per share. The
new Warrants have not been issued as of the date of this Report.

17.
COMMITMENTS AND CONTINGENCIES

Legal
Matters

The
Company is not currently subject to any material legal proceedings; however, it could be subject to legal proceedings and claims from
time to time in the ordinary course of its business, or legal proceedings it considered immaterial may in the future become material.
Regardless of the outcome, litigation can, among other things, be time consuming and expensive to resolve, and can divert management
resources.

Government
Regulations Affecting Mortgage Loan Origination

Beeline
Financial operates