Company: BLNE
Filing Date: 2025-01-17
Form Type: PRE 14A
Source: 0001493152-25-002779
Chunk: 17

Company: Beeline Holdings, Inc.
Filing Date: 2025-01-17
Form: PRE 14A
Chunk 17
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 January 21, 2025, at which we are asking our shareholders to increase our authorized common stock to 100 million shares, we may have sufficient common stock for Proposal 1 and part of Proposal 2. If necessary in the future we will seek additional shareholder approval to further increase our common stock. If our shareholders do not approve the increase in authorized common stock on January 21 st, our only remedy is to seek shareholder approval at a later meeting.

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The transactions outlined above under Proposals 1 and 2 were entered into with accredited investors and were exempt from registration under the Securities Act of 1933 (the “Securities Act”) pursuant to Section 4(a)(2) of the Securities Act and Rule 506(b) of Regulation D promulgated thereunder. Principal Shareholders (page 51) As of January 23, 2025, there were 4,689,503 shares of Eastside common stock outstanding, 2,500,000 shares of Series B are outstanding representing 40,323 votes, for a total combined voting power of 4,729,826 shares. The following tables set forth our capitalization, on fully-diluted basis, both (i) currently, without including issuances and rights underlying securities and transactions contemplated by Proposals 1 and 2, and (ii) giving effect to issuances and rights underlying securities and transactions contemplated by Proposals 1 and 2. Current Fully-Diluted Capitalization As of January 23, 2025, our common stock and preferred stock and derivative securities outstanding, on a fully-diluted basis (other than those securities which are not entitled to vote and for which shareholder approval is being sought at the Special Meeting), consists of the following:

| Class, Series or Type |     | Number of Shares of Common Stock * |           |     | Percentage on as Converted Basis |      |   |
| Common Stock          |     |                                    | 4,689,503 |     |                                  | 60.9 | % |
| Series B              |     |                                    |    40,323 |     |                                  |  0.5 | % |
| Series D              |     |                                    | 1,419,300 |     |                                  | 18.4 | % |
| Series E              |     |                                    | 1,000,000 |     |                                  | 13.0 | % |
| Prior Warrants        |     |                                    |