Company: BLNE
Filing Date: 2025-01-14
Form Type: 424B3
Source: 0001493152-25-002137
Chunk: 103

Company: Beeline Holdings, Inc.
Filing Date: 2025-01-14
Form: 424B3
Chunk 103
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 subsidiary, loaned $700,000 to Beeline Loans Inc. (“Beeline Loans”), an indirect subsidiary of the Company, and in exchange Beeline Loans issued Mr. Liuzza a demand promissory note in the aggregate principal amount of $700,000, which accrues interest at the rate of 8% per annum and is payable within 15 days of demand notice made by Mr. Liuzza. The funds were lent to permit Beeline Loans to increase its ability to make real estate loans and are being held in a restricted account and are not being used for operations

We believe that the foregoing transactions were in the best interests of the Company and Beeline, respectively. Consistent with Section 78.140 of the Nevada Revised Statutes, it is our current policy that all transactions between us and our officers, directors and their affiliates will be entered into only if such transactions are approved by a majority of the disinterested directors, are approved by vote of the stockholders, or are fair to us as a corporation as of the time they are authorized, approved or ratified by the board. We will conduct an appropriate review of all related party transactions on an ongoing basis, and, where appropriate, we will utilize our audit committee for the review of potential conflicts of interest.

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<div align='center'>PRINCIPAL STOCKHOLDERS</div>

In the Merger, we issued former Beeline stockholders two series of preferred stock – Series F-1 and Series F. Because stockholder approval may be required for the voting and conversion rights of the Series F-1, we do not consider the Series F-1 as beneficially owned by the holders thereof as of the date of and for purposes of this Prospectus. Under the Series F-1 Certificate of Designations, the Series F cannot convert or vote without stockholder approval. Because of the large number of shares of Common Stock ultimately issuable if we obtain stockholder approval, we present the numbers in the following table reflecting beneficial ownership as of the date of this Prospectus and assuming stockholder approval.

| Name                                       |     | Eastside                                                          
 Common Stock Beneficially Owned prior to Stockholder Approval (1) |         |    |     | Eastside                                                  
 Common Stock Percentage prior to Stockholder Approval (1) |      |   |     | Eastside                                                               
 Common Stock Beneficially Owned following Stockholder Approval (1) (2) |            |    |     | Eastside                                                       
 Common Stock Percentage following