Company: BLNE
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004793
Chunk: 836

Company: Beeline Holdings, Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 4
Chunk 836
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,484,314 shares of Series G Preferred Stock and 2,242,157 five-year Warrants to purchase
a total of 448,431 shares of common stock for total gross proceeds of $2.3 million.

On December 31, 2024, the Company issued a consultant
250,000 shares of Series G Preferred Stock as consideration for the waiver and release of certain contractual rights under which the Company
also paid $0.1 million.

On December 31, 2024 the Company
entered into a Common Stock Purchase Agreement and related Registration Rights Agreement (collectively, the “ELOC
Agreement”) and the Company issued the Purchaser 573,925
shares of Series G Preferred Stock as a commission fee and recorded $0.6
million of deferred offering costs included in other assets on the consolidated balance sheets as of December 31, 2024. See ELOC Agreement below.

As of December 31, 2024, the Company had stock to
be issued of 245,098 shares of Series G Preferred Stock as payment for past legal services and recorded $0.1 million of stock to be issued
on the consolidated balance sheets as of December 31, 2024.

Bridgetown Spirits Corp. and Non-Controlling Interests

Subsequent to the execution of the Debt Exchange Agreement,
Bridgetown issued 1.0 million shares of common stock to Eastside, representing all of the issued and outstanding capital stock of Bridgetown.
Pursuant to the terms of the Debt Exchange Agreement on October 7, 2024, Eastside transferred 108,899 shares, or 10.9%, of Bridgetown common stock
to Bigger, District 2, Esping, WPE and Grammen, and Eastside was released from unsecured debt in the aggregate amount of $0.9 million.
See Note 5 – Debt Exchange Agreement.

    F-32

Beeline Holdings, Inc.

Notes to Consolidated Financial Statements

December 31, 2024 and 2023

In accordance with the Debt Exchange
Agreement, on November 7, 2024, the Company transferred 361,101
shares, or 36%,
of Bridgetown common stock to Aegis, Bigger, District 2 and LDI. In consideration for those shares, those four lenders surrendered a
total of 58,090
shares of the Company’s common stock. See Note 5