Company: BLNE
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004793
Chunk: 637

Company: Beeline Holdings, Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 2
Chunk 637
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– Stockholders’ Equity: Debt Satisfaction Agreement. The entire principal and interest on the LDI Note were exchanged
for equity issued to the SPV, in which LDI holds a 21% interest.

2024 Secured Notes

During February 2024, LDI advanced the Company $0.6
million. On May 16, 2024, the Company entered into a Loan Agreement with LDI, see: Note 16 - Secured Credit Facilities: 2024 Secured
Notes.

Other Related Parties

During December 2024, Mr. Liuzza purchased 1,960,784 shares of Series G
Preferred Stock and five-year Warrants to purchase a total of 98,040 shares of common stock for total gross proceeds of $1.0 million,
see Note 25 – Subsequent Events for additional purchases.

Jessica Kennedy, Chief Operating Officer, owns a
5% interest in Tower Title, which is a vendor to certain subsidiaries of the Company. During the year ended December 31, 2024, the Company
had transactions of $7,457 with Tower Title.

    F-38

25. SUBSEQUENT EVENTS

Special Meetings of the Stockholders

On January 27, 2025, a Special Meeting of the Stockholders
of the Company was held and stockholders approved an amendment to the Company’s Articles of Incorporation to increase the number
of authorized shares of the Company’s common stock, par value $0.0001 per share, to 100,000,000 from 6,000,000.

On March 7, 2025, a special meeting of the shareholders
of the Company was held and stockholders approved the following proposals, among others:

1. Merger Share
Issuance - conversion, exercise and voting rights and issuances of shares of common stock underlying convertible securities in
connection with the Merger and the issuance of 1,686,360 shares of common stock issuable upon conversion of Series G Preferred Stock
and exercise of warrants issued or issuable primarily in financing transactions after the Merger.

2.
Equity Line of Credit - the ELOC transaction pursuant to issue and sell up to $20
million of common stock to the purchaser or up to 3,921,569
shares of common stock which assumes the sale of common stock at $5.10
per share.

3. Name Change
Proposal - an amendment to the Company’s Articles of Incorporation to change the name