Company: BLNE
Filing Date: 2025-02-21
Form Type: 8-K
Source: 0001493152-25-007866
Chunk: 1

Company: Beeline Holdings, Inc.
Filing Date: 2025-02-21
Form: 8-K
Item: Item 3.02
Chunk 1
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Item
3.02. Recent Sales of Unregistered Securities

On
February 17, 2025, Mr. Nicholas Liuzza, Jr., the principal shareholder of Eastside Distilling, Inc., d/b/a Beeline Holdings (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 of units comprised of 1,372,549 shares of Series
G Convertible Preferred Stock (“ Series G”) and five-year Warrants to purchase a total of 686,275 shares.

In
addition, on February 19, 2025, Mr. Liuzza purchased $542,159 of units comprised of a total of 1,063,057 shares of Series G and 531,528
Warrants to purchase shares of Common Stock of the Company.

Both
purchases were pre-approved by the Company’s Audit Committee. The purchase prices were on the same terms as paid by other unaffiliated
investors.

The
offers and sales of the units were exempt from registration Section 4(a)(2) of the Securities Act of 1933 and Rule 506(b) promulgated
thereunder.

The
foregoing description of the terms of the Series G, the Warrants, the Securities Purchase Agreement, the Registration Rights Agreement
and the transactions contemplated thereby does not purport to be complete and is qualified in its entirety by reference to the forms
of the Series G, the form of Warrant, the form of Securities Purchase Agreement, and the form of Registration Rights Agreement, copies
of which are filed or incorporated by reference as Exhibits 3(a)(1), 3(a)(2), 4(a), 10(a) and 10(b), respectively, to the Form 8-K filed
on December 3, 2024 and are incorporated herein by reference.

Item
5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.