Company: BLNE
Filing Date: 2025-01-03
Form Type: S-1/A
Source: 0001493152-25-000284
Chunk: 174

Company: Beeline Holdings, Inc.
Filing Date: 2025-01-03
Form: S-1/A
Chunk 174
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 to the Debt Satisfaction Agreement ( see above), the exercise price of the Existing Warrants was reduced to $ 33.08per share and the term during which the Existing Warrants may be exercised was extended to June 23, 2028.

On January 15, 2020, the Company and its subsidiaries entered into a loan agreement (the “Loan Agreement”) between the Company and Live Oak Banking Company (“Live Oak”), a North Carolina banking corporation (the “Lender”) to refinance existing debt of the Company and to provide funding for general working capital purposes In connection with the Loan Agreement, the Company issued to the Lender a warrant to purchase up to 5,000shares of the Company’s common stock at an exercise price of $ 78.80per share (the “Warrant”). The Warrant expires on January 15, 2025. In connection with the issuance of the Warrant, the Company granted the Lender piggy-back registration rights with respect to the shares of common stock issuable upon exercise of the Warrant, subject to certain exceptions.

| F-47 |

Eastside Distilling, Inc. and Subsidiaries

Notes to Consolidated Financial Statements

September 30, 2024

(Unaudited)

A summary of all warrant activity as of and for the nine months ended September 30, 2024 is presented below:

Summary of Warrant Activity

|                          |     | Warrants |           |     | Weighted-    
 Average      
 Remaining    
 Life (Years) |     |     | Weighted- 
 Average   
 Exercise  
 Price     |       |     | Aggregate 
 Intrinsic 
 Value     |   |
|:-------------------------|:----|:---------|----------:|:----|:-------------|----:|:----|:----------|------:|:----|:----------|:--|
| Outstanding              
 as of December 31, 2023  |     |          |   201,667 |     |              | 3.8 |     | $         | 34.87 |     | $         | - |
| Granted                  |     |          | 1,196,043 |     |              | 5.0 |     |           |  5.00 |     |           | - |
| Outstanding              
 as of September 30, 2024 |     |          | 1,397,710 |     |              | 4.8 |     | $         |