Company: BLNE
Filing Date: 2025-05-20
Form Type: 10-Q
Source: 0001641172-25-011724
Chunk: 51

Company: Beeline Holdings, Inc.
Filing Date: 2025-05-20
Form: 10-Q
Item: Part I, Item 1
Chunk 51
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 Preferred Stock.

The Company also entered into a letter agreement
with Mr. Liuzza providing that the same amendments to the Series G as are described above with respect to his beneficial ownership
limitation shall also apply to Mr. Liuzza’s Warrants of 1,487,123
with an exercise price of $1.67
per share.

On
April 30, 2025, the Company sold 223,214 shares under the ELOC at $1.12
per share, which was less than the exercise price of the Warrants which were issued in connection with the Series G Preferred Stock
offering, resulting in a decrease in the exercise price of the Warrants to $1.12
under the full price protection adjustment of the Warrants and an increase in the shares of common stock issuable upon exercise of
such Warrants by an additional 442,750
shares.

On
May 16, 2025, Mr. Liuzza agreed that the exercise price of the Warrants which were issued to him in connection with the Series G
Preferred Stock offering would be amended to be exercisable at $1.75
per share.  The Company is in the process of requesting from the other Warrant holders that their exercise price be amended to be $1.75
per share as well. This will be treated for accounting purposes as a warrant modification, which is not expected to have an accounting
effect.

Additionally
on May 16, 2025, the Company sold 100,000 shares under the ELOC at $1.05
per share, which was less than the exercise price of the Warrants which were issued in connection with the Series G Preferred Stock
offering, resulting in a decrease in the exercise price of the Warrants to $1.05
under the full price protection adjustment of the Warrants and an increase in the shares of common stock issuable upon exercise of
such Warrants by an additional 89,633
shares.

31

Item
2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

Forward-Looking
Statements

This
section of the Quarterly Report includes “forward-looking statements” as that term is defined in the Private Securities Litigation
Reform Act of 1995. Forward-looking statements give current expectations or forecasts of future events about the company or our outlook
and involve uncertainties that could significantly impact results. You can identify forward-looking statements by the fact