Company: BLNE
Filing Date: 2025-09-12
Form Type: DRS
Source: 0001493152-25-013186
Chunk: 44

Company: Beeline Holdings, Inc.
Filing Date: 2025-09-12
Form: DRS
Chunk 44
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 certain contractual rights under which the Company also paid $100,000 and provided registration rights with respect to the shares of common stock issuable upon conversion of the Series G. The transaction was made pursuant to Section 4(a)(2) of the Securities Act and Rule 506(b) promulgated thereunder. On July 10, 2025, the Company issued 25,000 warrants as consideration for the waiver and release of certain contractual rights.

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On December 31, 2024 the Company entered into a Common Stock Purchase Agreement and related Registration Rights Agreement (collectively, the “ELOC Agreement”) with C/M Capital Master Fund LP (“C/M”) pursuant to which the Company agreed to sell, and C/M agreed to purchase, up to $35 million of the Company’s common stock, subject to a sale limit of 19.99% of the outstanding shares of the Company’s common stock prior to shareholder approval in accordance with Nasdaq rules. In connection with entering into the ELOC Agreement, the Company agreed to issue C/M shares of Series G or another series of convertible preferred stock having a value of $525,000. The Company and C/M also entered into a side letter agreement pursuant to which the parties agreed to certain future changes to the ELOC Agreement as may be requested based on the Company and its counsel’s review of the ELOC Agreement and as are reasonably acceptable to C/M. The ability of C/M to convert the underlying common stock or comply with the terms of the ELOC Agreement is subject to receiving shareholder approval as required by the rules of Nasdaq. The transaction is being made pursuant to Section 4(a)(2) of the Securities Act and Rule 506(b) promulgated thereunder.

On January 21, 2025, the Company issued a consultant 264,796 shares of Series G as payment for past services, and may issue the consultant $10,000 per month of Series G or Common Stock (subject to shareholder approval) in lieu of cash payments. The transaction was exempt from registration Section 4(a)(2) of the Securities Act of 1933 and Rule 506(b) promulgated thereunder.

On February 17, 2025, Mr. Nicholas Liuzza, Jr., the principal shareholder of the Company and Chief Executive Officer of the Company’s wholly-owned subsidiary, Beeline Financial Holdings, Inc. increased his ownership of the Company’s securities by converting a $700,000 bridge loan into $700,000