Company: BLNE
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004793
Chunk: 168

Company: Beeline Holdings, Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1
Chunk 168
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1 Preferred Stock

During
2025, 57,020,394 and 421,186
shares of Series F and F-1 Preferred Stock, respectively, were converted into 5,744,158
shares of common stock.

Series
G Preferred Stock

On January 21, 2025, the Company amended its Articles
of Incorporation to increase the number of authorized shares of the Company’s Series G Preferred Stock to 11,000,000. On February
25, 2025, the Company further amended its Articles of Incorporation to increase the number of authorized shares of the Company’s
Series G Preferred Stock to 15,000,000.

During
2025, the Company sold 6,417,159 shares
of Series G Preferred Stock and five-year 5 Warrants
to purchase a total of 320,862 shares
of common stock for total gross proceeds of $3.3 million.
Of this, 4,308,155 shares of Series G Preferred Stock and five-year Warrants to purchase a total of 215,409 shares of common stock
for total gross proceeds of $2.2 million were purchased by Mr. Liuzza. During 2025, 4,080,664
shares of Series G Preferred Stock were converted into 408,066
shares of common stock.

In addition, Mr. Liuzza converted
his $0.7
million bridge loan into $0.7
million of units comprised of 1,372,549
shares of Series G Preferred Stock and five-year Warrants to purchase a total of 68,628
shares

In January 2025, Mr. Freedman purchased 238,418 shares of Series G Preferred
Stock and five-year Warrants to purchase a total of 11,921 shares of common stock for total gross proceeds of $0.1 million.

In
January 2025, the Company issued a consultant 245,098
shares of Series G Preferred Stock as payment for past legal services included in stock to be issued on the consolidated balance
sheets as of December 31, 2024, and 19,698
shares of Series G Preferred Stock as payment in 2025.

2025
Equity Incentive Plan

On
February 10, 2025, the Company’s Board of Directors adopted the 2025 Equity Incentive Plan (the “2025 Plan”) and authorized
the 2025 Plan to be submitted to