Company: BLNE
Filing Date: 2025-03-10
Form Type: 8-K
Source: 0001493152-25-009635
Chunk: 1

Company: Beeline Holdings, Inc.
Filing Date: 2025-03-10
Form: 8-K
Item: Item 3.02
Chunk 1
---
Item 3.02 Unregistered
Sales of Equity Securities.

From March 4 through March
7, 2025, the Company, raised $230,000 from the sale of 450,980 shares of Series G Convertible Preferred Stock (“ Series G”)
and 225,490 accompanying warrants.

The offers and sales described above are part of the
Company’s offering of a total of up to 13,878,040 shares of Series G and warrants to purchase up to 6,939,020 shares of Common Stock
for total gross proceeds of up to $7,077,800. The Company intends to use the net proceeds, after deducting offering expenses and related
costs, for working capital and general corporate purposes.

In connection with the foregoing, the Company entered
into a Securities Purchase Agreement and Registration Rights Agreement with the investors. The terms of the Securities Purchase Agreement,
Series G, warrants, and related Registration Rights Agreement were previously disclosed in the Current Report on Form 8-K filed on December
3, 2024.

The Series G and accompanying
warrants were sold to accredited investors. The shares of common stock have not been or will not be registered under the Securities Act
of 1933 and are exempt from registration pursuant to Section 4(a)(2) thereof 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
3.1, 3.2, 3.3, 4.1, 10.3 and 10.4, respectively, to the Form 8-K filed on December 3, 2024 and are incorporated herein by reference.

Item 5.02, Departure of
Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.

On March 7, 2025, Geoffrey Gwin, Stephanie Kilkenny
and Robert Grammen resigned as directors and Mr. Gwin resigned as Chief Executive Officer of the Company. Concurrent with these resignations,
the remaining directors appointed Nicholas Liuzza, Jr. and Steve Romano to fill two vacancies on the Board of Directors