Company: BLNE
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023462
Chunk: 136

Company: Beeline Holdings, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 8
Chunk 136
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Jessica
Kennedy, Beeline Financial’s Chief Operating Officer, owns a 5% interest in Tower Title, which is a vendor to certain subsidiaries
of the Company. During the nine months ended September 30, 2025, the Company had transactions of $15,349 with Tower Title.

Beeline
Loans partnered with CredEvolv on February 26, 2025 to help declined borrowers improve their credit and secure mortgage approval. Steve
Romano is co-founder and President of CredEvolv. Beeline Financial engaged Mr. Romano to provide certain consulting services pursuant
to an agreement dated July 29, 2024 to continue until terminated by written notice. As of September 30, 2025, the Company paid Mr. Romano
$82,500 and had accrued $22,500 for consulting services. Mr. Romano serves on the Company’s Board of Directors.

Beeline
Loans is a member of The Mortgage Collaborative, which is an industry trade group founded by David Kittle. Beeline Loans pays membership
fees of $3,500 to The Mortgage Collaborative. Mr. Kittle was appointed as Special Advisor to the Company and Board of Directors on March
12, 2025.

20.
SUBSEQUENT EVENTS

Warehouse
Lines of Credit

Subsequent
to September 30, 2025, the Company expanded and diversified its warehouse lines to $25.0
million tripling its prior $5.0
million line and adding two new $5.0
million lines with new lenders.

Stockholders’
Equity 

ATM
Agreement

Subsequent
to September 30, 2025, the Company sold 367,655 shares at a weighted average of $3.48 per share for gross proceeds of $1.3  million.

Registered Direct Offering

On November 11, 2025, the Company entered into a Securities Purchase Agreement
with certain accredited investors, pursuant to which the Company sold to the Investors a total of 4,620,000 common shares at $1.60 per
share, raising gross proceeds of $7.4 million, before deducting placement agent fees and other offering expenses payable by the Company.

Series
E Preferred Stock

On
October 21, 2025, the Company entered into a letter agreement with two investors pursuant to which the investors agreed to the redemption
of their shares of Series E Preferred Stock in exchange for payment of $