Company: BLNE
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004793
Chunk: 321

Company: Beeline Holdings, Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1A
Chunk 321
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 14, 2025. The terms of the recent extension
are as follows: (i) if the Notes are paid off on or before April 29, 2025, then there will be no additional principal payment required;
and (ii) if the principal of the applicable Notes are not paid off on or before April 29, 2025 but are paid on or before May 13, 2025,
then an additional payment in an amount equal to 5% of the outstanding principal of the applicable Notes will be due.

Stockholders’ Equity 

In
February 2025, the Company issued Sandstrom Partners 13,115
shares of common stock related to the settlement agreed upon
in October 2024.

Common
Stock

On March 12, 2025, the Company implemented a one-for-10
reverse stock split of its common stock and issued eight shares of common stock as a result of rounding.

ELOC Agreement

On
March 7, 2025, the Company entered into an Amended ELOC Agreement. The amendment restated the original ELOC Agreement originally entered
into on December 31, 2024 to, among other things, (i) reduce the maximum amount under the ELOC Agreement from $35 million to $10 million,
and (ii) extend the filing deadline for the registration statement required under the ELOC Agreement to 30 days following the filing
of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2024. During March 2025, the Company sold and
issued a total of 1,090,622 shares of common stock for an aggregate purchase price of $2.1 million to the purchaser.

Series
D Preferred Stock

During
2025, 255,474 shares of Series D Preferred Stock were converted into 371,559 shares of common stock.

Series
F and F-1 Preferred Stock

During
2025, 57,020,394 and 421,186
shares of Series F and F-1 Preferred Stock, respectively, were converted into 5,744,158
shares of common stock.

Series
G Preferred Stock

On January 21, 2025, the Company amended its Articles
of Incorporation to increase the number of authorized shares of the Company’s Series G Preferred Stock to 11,000,000. On February
25, 2025, the Company further amended its Articles of Incorporation to increase the