Company: BLNE
Filing Date: 2025-05-01
Form Type: 424B5
Source: 0001641172-25-008111
Chunk: 19

Company: Beeline Holdings, Inc.
Filing Date: 2025-05-01
Form: 424B5
Chunk 19
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 |       |     | Pro forma |      |
|:----------------------------------------------------------------------------|:----|:-------|------:|:----|:----------|-----:|
| Assumed offering price per share                                            |     | $      |  1.51 |     | $         | 1.51 |
| Net tangible book value per share as of December 31, 2024                   |     | $      | 21.13 |     | $         | 2.02 |
| Decrease in net tangible book value per share attributable to this offering |     | $      | 17.88 |     | $         | 0.21 |
| As adjusted net tangible book value per share after this offering           |     | $      |  3.25 |     | $         | 1.81 |
| Increase per share to new investors in this offering                        |     | $      |  1.74 |     | $         | 0.30 |

| S-11 |

The table above assumes for illustrative purposes an aggregate of 4,635,762 shares of our common stock are sold at a price of $1.51 per share, for aggregate gross proceeds of $7,000,000. The shares, if any, sold in this offering will be sold from time to time at various prices. An increase of $1.00 per share in the price at which the shares are sold from the assumed offering price of $1.51 per share shown in the table above, assuming all of our common stock in the aggregate amount of $7,000,000 is sold at that price, would increase our adjusted net tangible book value per share after the offering to $2.11 per share and would cause a dilution in net tangible book value per share to new investors in this offering of $0.40 per share, after certain adjustments of cash and debt payments, deducting commissions and estimated aggregate offering expenses payable by us. A decrease of $1.00 per share in the price at which the shares are sold from the assumed offering price of $1.51 per share shown in the table above, assuming all of our common stock in the aggregate amount of $7,000,000 is sold at that price, would decrease our adjusted net tangible book value per share after the offering to $1.07 per share and would increase the net tangible book value per share to new investors in this offering by $0.56 per share, certain adjustments of cash and debt