Company: BLNE
Filing Date: 2025-04-28
Form Type: 10-K/A
Source: 0001641172-25-006441
Chunk: 20

Company: Beeline Holdings, Inc.
Filing Date: 2025-04-28
Form: 10-K/A
Chunk 20
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, which is an industry trade group founded by David Kittle. Beeline
Loans, Inc. pays membership fees to The Mortgage Collaborative. Mr. Kittle was a member of the Beeline Board until the Merger with the
Company.

In December 2024, Mr.
Freedman purchased a total of $121,593 of units comprised of a total of 238,418 shares of Series G (convertible into 23,842 shares of
common stock) and 11,921 accompanying warrants on the same terms as all other investors in the Series G and accompanying warrants offering.
Mr. Freedman’s subscription amount was used to repay the $121,593 of indebtedness owed to Mr. Freeman by Beeline. Mr. Freedman made
a $75,000 loan to Beeline on December 11, 2023 which was due February 11, 2024. The sums due above the principal represented default interest,
fees and penalties. Mr. Liuzza guaranteed payment of the note issued to Mr. Freedman. On March 7, 2025, Mr. Freedman converted 534,201
shares of Series F Convertible Preferred Stock, 3,981 shares of Series F-1 Convertible Preferred Stock and 238,418 shares of Series G
Convertible Preferred Stock into shares of the Company’s common stock.

| 13 |

Related Party Transactions Policy

We believe that the foregoing
transactions were in the best interests of the Company and Beeline, respectively. Consistent with Section 78.140 of the Nevada Revised
Statutes, it is our current policy that all transactions between us and our officers, directors and their affiliates will be entered into
only if such transactions are approved by a majority of the disinterested directors, are approved by vote of the shareholders, or are
fair to us as a corporation as of the time they are authorized, approved or ratified by the board. We will conduct an appropriate review
of all related party transactions on an ongoing basis, and, where appropriate, we will utilize our audit committee for the review of potential
conflicts of interest.

Item 14. Principal Accountant Fees and Services.

The following table sets forth the aggregate
fees paid for or accrued by the Company or Beeline for audit and other services provided by Salberg & Company, P.A. for the year
ended December 31, 2024. The table does not include fees paid for or accrued by the Company for audit and other