Company: BLNE
Filing Date: 2025-09-26
Form Type: 424B5
Source: 0001493152-25-015799
Chunk: 9

Company: Beeline Holdings, Inc.
Filing Date: 2025-09-26
Form: 424B5
Chunk 9
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ints the token, Beeline Title handles the settlement and title portions of these transactions for its partner, who is minting the token (see below for more information about this company). The June 2025 transaction marked a major milestone in the evolution of blockchain-driven real estate finance, bridging decentralized finance with traditional title and escrow services. In the second half of 2025, Beeline Loans will provide customer acquisition services and support to the partner and Beeline Title will provide the title and closing services for each transaction—unless the seller elects to use an outside title company. Importantly, Beeline Title will open this platform to all mortgage lenders, giving them access to a proven solution for cryptocurrency token transaction reconciliation, compliance, and disbursement. The Company’s partner is co-owned by the Company’s Chief Executive Officer, Nicholas Liuzza. As of the date of this prospectus, we have derived $12,377 of revenue from this business. We provide title insurance services and owner’s title policy to the Company’s partner as the buyer of the fractional equity.

Recent Developments

As of September 5, 2025, the Company has eliminated all outstanding indebtedness (not including indebtedness under its warehouse line of credit), which indebtedness as of January 1, 2025 totaled $6,242,000.

On July 25, 2025, the Company entered into a Debt Satisfaction Agreement (the “DSA”) with Spirits and three individuals (the “Buyers”) including Geoffrey Gwin, the President of Spirits, pursuant to which the Company transferred to the Buyers all 530,000 shares of Spirits common stock held by the Company, representing 53% of the outstanding Spirits common stock, in exchange for the satisfaction of outstanding amounts payable by the Company to the Buyers totaling $367,404 and released from Spirits and the Buyers relating thereto. The Company also released Spirits from certain obligations and liabilities in connection with the transaction. As a result of the foregoing, Spirits is no longer a subsidiary of the Company.

In connection with the DSA, the Company loaned Spirits $75,000, in exchange for which Spirits executed and delivered to the Company a Senior Secured Original Issue Discount Promissory Note and Security Agreement (the “Note”) in the principal amount of $100,000, reflecting an original issue discount of $25,000. The Note is payable as follows: (i) $50,000 is payable on April 24, 2026, and the remaining $50,000