---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-015956"
form_type: "8-K"
ticker: "BLNE"
cik: "0001534708"
company_name: "Beeline Holdings, Inc."
filed_at: "2023-05-09T23:59:59+00:00"
generated_at: "2026-06-15T08:59:21.957507+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Eastside Distilling files 1-for-20 reverse stock split to meet Nasdaq minimum bid price

## Summary
- Reverse split at 1-for-20 ratio effective after market close on May 12, 2023.
- Authorized shares reduced from 35,000,000 to 1,750,000; no fractional shares, rounded up.
- Common stock to trade on split-adjusted basis under symbol EAST on May 15, 2023 with new CUSIP.
- Action taken to comply with Nasdaq continued listing standards for minimum share price.
- Company also announces Q1 2023 earnings release date of May 12 and conference call on May 15.

## SEC filing metadata
- accession: 0001493152-23-015956
- form_type: 8-K
- ticker: BLNE
- cik: 0001534708
- company_name: Beeline Holdings, Inc.
- filed_at: 2023-05-09T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1534708/000149315223015956/0001493152-23-015956-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1534708/000149315223015956/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-015956
- JSON: https://secwatch.observer/filing/0001493152-23-015956.json
- Plain text: https://secwatch.observer/filing/0001493152-23-015956.txt

## Key facts
- Governance Changes
  Beeline Holdings, Inc.: Certificate of Change filed to effect a 1-for-20 reverse stock split and reduce authorized shares from 35,000,000 to 1,750,000, effective May 12, 2023 (effective 2023-05-12).
  - Change: charter amendment
  - Effective: 2023-05-12
  source text: on May 3, the Registrant filed with the Nevada Secretary of State a Certificate of Change Pursuant to NRS 78.209. The Certificate of Change provides that at 6:00 P.M. on May 12, 2023 a one-for-twenty reverse split of the outstanding common stock as well as a 95% reduction in the number of authorized shares of common stock will be effective.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1534708/000149315223015956/0001493152-23-015956-index.htm

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