Company: BLNE
Filing Date: 2025-07-29
Form Type: 8-K
Source: 0001641172-25-021388
Chunk: 1

Company: Beeline Holdings, Inc.
Filing Date: 2025-07-29
Form: 8-K
Item: Item 5.03
Chunk 1
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Item
5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

On
July 23, 2025, the Company filed the Certificate of Designations, Preferences and Rights of the Series A Convertible Redeemable Preferred
Stock of the Company (the “ Certificate of Designations”) with the Nevada Secretary of State designating and authorizing the
issuance of up to 8,425,102 shares of Series A. The material terms of the Series A are summarized as follows.

Each
share of Series A has a stated value of $0.50. Beginning on the initial issuance date of the Series A, the holder may convert up to $1,000,000
in stated value of Series A (the “ Special Conversion Amount”) at a conversion price of $1.75, subject to adjustment as provided
therein and subject to beneficial ownership limitations. The conversion price is subject to customary adjustments including for reverse
stock splits, forward stock splits, and similar corporate events, and is also subject to price protection adjustment in connection with
subsequent sales or issuances of securities at a per-share price that is lower than the conversion price, subject to certain exceptions
and limitations.

Beginning
on the issuance date of the Series A and for a period of one-year thereafter, the Company has the right to redeem the shares of Series
A, other than the Special Conversion Amount, at a redemption price of $2.00 per underlying share of common stock (based on the $1.75
per share conversion price, subject to adjustment). At the end of the one-year redemption period, all remaining shares of Series A (in
addition to the Special Conversion Amount) will become convertible at the option of the holder.

The
Series A is entitled to vote with the Company’s common stock on an as-converted basis, subject to beneficial ownership limitations.

The foregoing
description of Series A does not purport to be complete, and is qualified in its entirety by the complete text of the Series A Certificate
of Designations, a, copy of which is filed as Exhibit 4.1 to this Current Report on Form 8-K and is incorporated herein by reference.

Item
9.01 Financial Statements and Exhibits