BLNE · Beeline Holdings, Inc.

Summary

On March 18, 2026, Beeline Holdings, Inc. entered into an agreement with the holder of its outstanding 4,425,102 shares of Series A Convertible Redeemable Preferred Stock, exchanging them for 983,356 shares of common stock at a rate determined by dividing the stated value by $2.25, resulting in no Series A shares outstanding. The Company filed a certificate of withdrawal on March 20, 2026.

Key takeaways

• Exchanged 4,425,102 Series A shares for 983,356 common shares on March 18, 2026.
• Conversion based on stated value divided by $2.25 per share.
• Avoided issuance of additional 280,959 shares compared to original $1.75 conversion terms.
• No Series A shares outstanding post-exchange.
• Exchange exempt under Section 3(a)(9) of Securities Act of 1933.