Company: BLNE
Filing Date: 2025-02-05
Form Type: DEF 14A
Source: 0001493152-25-005006
Chunk: 73

Company: Beeline Holdings, Inc.
Filing Date: 2025-02-05
Form: DEF 14A
Chunk 73
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ment Proposal. |

Record Date; Shares Entitled to Vote

The Board has fixed the close of business on January 23, 2025 as the Record Date for determining the Eastside shareholders entitled to receive notice of and to vote at the Eastside Special Meeting. Only holders of record of Eastside common stock and Eastside preferred stock (Series B, D and E) on the Record Date are entitled to receive notice of and vote at the Eastside Special Meeting, and any adjournment or postponement thereof.

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In general, holders of outstanding shares of our preferred stock are entitled to vote with holders of our common stock as a single group. On the Record Date, there were 4,689,503 shares of common stock and 40,323 votes underlying shares of preferred stock issued and outstanding.

Quorum Requirement

One-third of the outstanding voting power will constitute a quorum for the transaction of business at the Special Meeting.

All shares of Eastside common stock and Series B, D and E represented in person or by proxy at the Special Meeting, including abstentions, will be treated as present for purposes of determining the presence or absence of a quorum at the Eastside Special Meeting.

Abstentions and Broker Non-Votes

Abstentions are considered present for the purposes of establishing a quorum. Abstentions and broker non-votes will have the same effect as a vote “AGAINST” the Name Change Proposal but will have no effect on the other proposals.

Your bank, brokerage firm or other nominee has discretionary authority to vote on “routine” proposals if you have not provided voting instructions. However, your bank, brokerage firm or other nominee is precluded from exercising voting discretion with respect to non-routine matters. We expect that the Auditor Ratification Proposal and the Adjournment Proposal will be considered “routine” matters and your bank, brokerage firm or other nominee may vote your shares with respect to these proposals even if you do not provide voting instructions. We expect that the Merger Share Issuance Proposal, the ELOC Proposal, and the Name Change Proposal will be considered non-routine matters and that your bank, brokerage firm or other nominee will not be permitted to vote on these proposals unless you provide your broker with voting instructions on such proposals. This is often called a “broker non-vote.” You should instruct your broker to vote your shares by following the directions your broker provides you. Please review the voting information form used by your broker to see if you can submit your voting instructions by