Company: BLNE
Filing Date: 2025-02-05
Form Type: DEF 14A
Source: 0001493152-25-005006
Chunk: 67

Company: Beeline Holdings, Inc.
Filing Date: 2025-02-05
Form: DEF 14A
Chunk 67
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 and after shareholder approval of the Proposals 1 and 2 as described in footnote (1) above.

<div align='center'>PROPOSAL 3: THE NAME CHANGE PROPOSAL</div>

At the Special Meeting, shareholders will be asked to approve the Name Change Proposal, which provides for an amendment to the Company’s Articles of Incorporation, as amended to change the Company’s corporate name from “Eastside Distilling, Inc.” to “Beeline Holdings, Inc.” which is referred to in this Proxy Statement as the “Name Change.” If approved by the shareholders, the Name Change will be effected by filing an amendment to the Eastside Articles of Incorporation, a copy of the proposed amendment of which is attached as Annex H to this Proxy Statement. The primary reason for the corporate name change is that management believes this will allow for brand recognition of the Beeline business operations following the Merger.

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The Company is seeking shareholder approval for the Name Change as required by its Articles of Incorporation and Nevada law, and in accordance with Nasdaq rules requiring shareholder approval prior to a change of control transaction in which shares of common stock issued exceeds 19.99% of the previously outstanding common stock. In connection with the Name Change and the Merger Share Issuance Proposal and the change of control transactions reflected thereby, we are in the process of submitting a new listing application to Nasdaq. If the Name Change and new listing application of the combined company is approved, the Company’s corporate name will change upon filing of the amendment. See “Proposal 1 – The Merger Share Issuance Proposal” under “Nasdaq Rules” and “Nasdaq Listing” for more information.

Vote Required

The affirmative vote of the holders of a majority of the voting power of Eastside on the Record Date is required for approval of the Name Change Proposal or 2,369,642 shares.

Special Note

If this Name Change Proposal (Proposal 3) fails but the Merger Share Issuance (Proposal 1) passes, the Board intends to proceed with the Name Change in accordance with Nasdaq rules and Section NRS 78.390(8) of Chapter 78 of the Nevada Revised Statutes and the Company’s Articles of Incorporation.

<div align='center'>THE BOARD UNANIMOUSLY RECOMMENDS THAT YOU VOTE “FOR”

THE NAME CHANGE PROPOSAL

PROPOSAL 4: THE AUDITOR RATIFICATION PROPOSAL</div>

Our Board has