Company: BLNE
Filing Date: 2025-01-03
Form Type: 8-K
Source: 0001493152-25-000234
Chunk: 2

Company: Beeline Holdings, Inc.
Filing Date: 2025-01-03
Form: 8-K
Item: Item 3.02
Chunk 2
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(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.

   2  

Termination
Agreement

On
December 31, 2024, the Company entered into a Termination Agreement with Joseph Gunnar & Co., LLC (“ Gunnar”) pursuant
to which the Company paid Gunnar $100,000 and issued Gunnar 250,000 shares of Series G in exchange for Gunnar’s agreement to waive
and release the Company from certain contractual rights, including a right of first refusal and tail fee under the Company’s engagement
letter with Gunnar which was terminated pursuant to the Termination Agreement. Under the Termination Agreement, the Company also granted
Gunnar with “piggyback” registration rights pursuant to which the Company agreed to register Gunnar’s resale of the
shares of common stock underlying the Series G in a future registration statement the Company files with the Securities and Exchange
Commission.

The
foregoing description of the terms of the Termination Agreement and the transactions contemplated thereby does not purport to be complete
and is qualified in its entirety by reference to full text of the Termination Agreement, a copy of which is filed as Exhibit 10(c) to
this Current Report on Form 8-K.

The
issuance of these shares of Series G was exempt from registration Section 4(a)(2) of the Securities Act of 1933 and Rule 506(b) promulgated
thereunder.

Item
9.01 Financial Statements and Exhibits