Company: BLNE
Filing Date: 2025-06-03
Form Type: 8-K
Source: 0001641172-25-013467
Chunk: 2

Company: Beeline Holdings, Inc.
Filing Date: 2025-06-03
Form: 8-K
Item: Item 8.01
Chunk 2
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Item
8.01 Other Events

Loan
Transactions

On
May 28, 2025, Beeline Holdings, Inc. (the “ Company”) issued Nicholas R. Liuzza, Jr., the Chief Executive Officer and a director,
a subordinated demand promissory note of $372,241. The subordinated promissory note included $250,000 lent to the Company by an unaffiliated
third party which sum Mr. Liuzza personally paid on behalf of the Company. The subordinated promissory note bears interest at a rate
of 8% per annum.

Grants
to Directors and Executive Officers

On
May 28, 2025, the Board of Directors of the Company approved grants of cash and restricted stock to its non-employee directors and stock
options to senior executives. The equity grants were made under the Company’s 2025 Equity Incentive Plan (the “ Plan”)
and are subject to shareholder approval of the Plan. The cash grants were not subject to shareholder approval. The table below lists
the amount of cash awarded to four non-employee directors in addition to $50,000 grants to them and one other non-employee director effective
May 1, 2025, payable quarterly in arrears subject to continued service.

  Name                   Amount of Cash Awarded  
  Joseph Caltabiano                     $45,833  
  Eric Finnsson                         $90,000  
  Jospeh Freedman                       $91,667  
  Stephen Romano                        $28,333  

Each
of the above persons has elected to receive 100% of the cash awards in the table in shares of restricted common stock at $0.92 per share
except Mr. Finnsson who has elected to receive 50% of the cash in common stock and 50% in cash. The common stock portion each elected
is also subject to shareholder approval of the Plan.

ELOC
Sales

On
May 30, 2025, the Company sold a total of 174,505 shares of common stock for total gross proceeds of $152,517 under that certain Amended
and Restated Common Stock Purchase Agreement and related Amended and Restated Registration Rights Agreement dated March 7, 2025, (collectively,
the “ ELOC Agreement”), which ELOC Agreement was previously disclosed on the Company’s Current Report on Form 8-K filed
on March 10, 2025. The Company also issued