Company: BLNE
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004793
Chunk: 407

Company: Beeline Holdings, Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1B
Chunk 407
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 31, 2024, Eastside issued
dividends of 17,773 shares of common stock at $8.44 per share to its Series B Preferred stockholders. For the year ended December 31,
2023, Eastside issued dividends of 9,296 shares of common stock at a VWAP of $16.14 per share to its Series B Preferred stockholders.

As of December 31, 2024, the Company had stock to
be issued of 13,115 shares of common stock related to a settlement and recorded $0.1 million of stock to be issued on the consolidated
balance sheets as of December 31, 2024, see Note 20 – Commitments and Contingencies, Legal Matters.

During the year ended December 31, 2023, the Company
issued 16,285 shares of common stock to directors and employees for stock-based compensation of $0.7 million. The shares were valued for
accounting purposes using the closing share price of the Company’s common stock on the date of grant, within the range of $12.90
to $74.00 per share and issued within the range of $30.50 to $74.00 per share

    F-30

Beeline Holdings, Inc.

Notes to Consolidated Financial Statements

December 31, 2024 and 2023

During the year ended December 31, 2023, the Company
sold 34,350 shares of common stock for net proceeds of $1.4 million in at-the-market public placements.

On September 29, 2023, pursuant to the DSA (see discussion
above), the Company issued to the SPV 29,672 shares of common stock and 200,000 shares of its Series C Preferred Stock. In exchange for
that equity, Eastside’s debts to the members of the SPV were reduced by a total of $6.5 million.

Preferred Stock

The Company has 100 million shares of preferred stock authorized.

Issuance of Series B Preferred Stock

On October 19, 2021, Company
entered into a securities purchase agreement (“Purchase Agreement”) with an accredited investor for its purchase of 2.5 million shares (“Preferred Shares”) of Series B Convertible Preferred Stock (“Series B Preferred
Stock”) at a purchase price of $1.00 per Preferred Share, which Preferred Shares are convertible into shares of the Company’s
common stock pursuant to the terms and conditions