---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-011305"
form_type: "8-K"
ticker: "BLNE"
cik: "0001534708"
company_name: "Beeline Holdings, Inc."
filed_at: "2023-04-07T23:59:59+00:00"
generated_at: "2026-06-17T04:34:36.068732+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Eastside Distilling faces Nasdaq delisting risk over equity deficit and bid price

## Summary
- Stockholders' equity deficit of ~$1.5M as of Dec 31, 2022, below Nasdaq's $2.5M minimum.
- Must submit compliance plan by May 20, 2023, or face delisting from Nasdaq Capital Market.
- Bid price deficiency also unresolved; must close at $1.00+ for 10 consecutive days by May 30, 2023.
- Prior 180-day extension for bid price granted Dec 1, 2022, but condition remains uncured.
- Company assessing alternatives but no guarantee of regaining compliance with listing standards.

## SEC filing metadata
- accession: 0001493152-23-011305
- form_type: 8-K
- ticker: BLNE
- cik: 0001534708
- company_name: Beeline Holdings, Inc.
- filed_at: 2023-04-07T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 3.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1534708/000149315223011305/0001493152-23-011305-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1534708/000149315223011305/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-011305
- JSON: https://secwatch.observer/filing/0001493152-23-011305.json
- Plain text: https://secwatch.observer/filing/0001493152-23-011305.txt

## Key facts
- Listing & Compliance Notices
  Beeline Holdings, Inc. received a nasdaq deficiency notice notice regarding stockholders equity (rules 5550(b)(1)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: stockholders equity
  - Rules: 5550(b)(1)
  source text: April 5, 2023, Eastside Distilling, Inc. received a deficiency letter from the Listing Qualifications Department (the “Staff”) of the Nasdaq Stock Market (“Nasdaq”) notifying Eastside Distilling that, the Company’s stockholders’ equity as reported in its Annual Report on Form 10-K for the period ending December 31, 2022 (the “Form 10-K”), did not satisfy the continued listing requirement under Nasdaq Listing Rule 5550(b)(1) (the “Listing Rule”) for the Nasdaq Capital Market, which requires that a listed company’s stockholders’ equity be at least $2.5 million. As reported on its Form 10-K, the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1534708/000149315223011305/0001493152-23-011305-index.htm
- Listing & Compliance Notices
  Beeline Holdings, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2)
  source text: June 3, 2022 notifying the Company that the bid price for the Company’s common stock for the prior thirty consecutive trading days had closed below the minimum $1.00 per share requirement for continued listing on the Nasdaq Capital Market under Nasdaq Listing Rule 5550(a)(2) (the “Bid Price Requirement”). On December 1, 2022, the Company received written notification from the Staff granting its request for a 180-day extension to regain compliance with the Bid Price Requirement. Eastside Distilling now has until May 30, 2023 to meet the requirement. If at any time prior to May 30, 2023, the bid
  evidence_url: https://www.sec.gov/Archives/edgar/data/1534708/000149315223011305/0001493152-23-011305-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.