Company: BLNE
Filing Date: 2025-02-05
Form Type: DEF 14A
Source: 0001493152-25-005006
Chunk: 122

Company: Beeline Holdings, Inc.
Filing Date: 2025-02-05
Form: DEF 14A
Chunk 122
---
0.65 per share beginning on the effective date of (i) an increase in authorized common stock of the Company as necessary to permit full issuance of the shares of common stock underlying the warrants and the Series G sold together with other common stock equivalents outstanding and (ii) the approval of the issuance of all of the securities as may be required by the rules and regulations of The Nasdaq Stock Market LLC.

Note Warrants

Each warrant has a term of five years from issuance and are exercisable at an exercise price of $0.50 per share (of which $0.499 per share was pre-funded by each Investor). The warrants will be exercisable beginning upon shareholder approval of the issuance of the common stock issuable upon exercise of such warrants in accordance with the rules of The Nasdaq Capital Market and an increase in the authorized common stock of the Company. If at any time after exercising the warrants, there is no effective registration statement registering, or the prospectus contained therein is not available for use, then the warrants may also be exercised, in whole or in part, by means of a “cashless exercise.”

Beeline Options

The Company expects to issue 3,878,847 options to former Beeline option holders pursuant to the Merger. Each option to be issued to former Beeline option holders is expected to have an exercise price determined based on the market price of our common stock at the applicable grant date, with specific terms to be approved by the Board.

Beeline Warrants

The Company expects to issue 287,094 warrants to former Beeline warrant holders pursuant to the Merger.Each warrant to be issued to former Beeline warrant holders is expected to have an exercise price of $4.72 per share and. and expire on October 1, 2026.

| 103 |

<div align='center'>HOUSEHOLDING</div>

Shareholders who have the same mailing address and last name may have received a notice that your household will receive only one set of proxy materials. This practice, commonly referred to as “householding,” is designed to reduce the volume of duplicate information and reduce printing and postage costs. A single proxy statement will be delivered to multiple shareholders sharing an address unless contrary instructions have been received from the affected shareholders. Once you have received notice, from us or from your bank, broker or other registered holder, that it will be householding communications to your address, householding will continue until you are notified otherwise or until you revoke your consent. A number of banks, brokers and other registered