---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-021074"
form_type: "8-K"
ticker: "BLNE"
cik: "0001534708"
company_name: "Beeline Holdings, Inc."
filed_at: "2023-06-13T23:59:59+00:00"
generated_at: "2026-06-14T02:01:59.327320+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Eastside signs term sheet for $6.2M debt-to-equity conversion; Nasdaq extends equity compliance to Sep 30

## Summary
- Non-binding term sheet signed to convert $6.2M debt into equity at $4.00-$4.80/share; new voting equity <20% of total votes.
- Interest payments on remaining debt restructured, maturities extended; convertible preferred stock to be used.
- Nasdaq extended deadline to meet $2.5M stockholders' equity requirement to September 30, 2023; previously at $(1.5M).
- Q2 guidance: Craft division targeting positive EBITDA with substantial loss reduction; May set record monthly sales.
- Spirits division performing above internal profit plans; 15M+ digital cans printed since new Portland facility opened.

## SEC filing metadata
- accession: 0001493152-23-021074
- form_type: 8-K
- ticker: BLNE
- cik: 0001534708
- company_name: Beeline Holdings, Inc.
- filed_at: 2023-06-13T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 3.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1534708/000149315223021074/0001493152-23-021074-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1534708/000149315223021074/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-021074
- JSON: https://secwatch.observer/filing/0001493152-23-021074.json
- Plain text: https://secwatch.observer/filing/0001493152-23-021074.txt

## Key facts
- Listing & Compliance Notices
  Beeline Holdings, Inc. received a nasdaq compliance regained notice regarding minimum bid price (rules 5550(a)(2)).
  - Exchange: nasdaq
  - Notice: compliance regained
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2)
  source text: May 30, 2023. On May 30, 2023, the Staff informed Eastside Distilling that its common stock had regained compliance with the Bid Price Requirement. Nasdaq Stockholders” Equity Requirement On April 5, 2023, Eastside Distilling, Inc. received a deficiency letter from the Nasdaq Staff notifying Eastside Distilling that its stockholders’ equity as reported in its Annual Report on Form 10-K for the period ending December 31, 2022, did not satisfy the continued listing requirement under Nasdaq Listing Rule 5550(b)(1) (the “ Equity Rule ”) for the Nasdaq Capital Market, which requires that a listed c
  evidence_url: https://www.sec.gov/Archives/edgar/data/1534708/000149315223021074/0001493152-23-021074-index.htm
- 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 Nasdaq Staff notifying Eastside Distilling that its stockholders’ equity as reported in its Annual Report on Form 10-K for the period ending December 31, 2022, did not satisfy the continued listing requirement under Nasdaq Listing Rule 5550(b)(1) (the “ Equity 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 Company’s stockholders’ equity as of December 31, 2022 was a deficit of approximately $(1.5) million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1534708/000149315223021074/0001493152-23-021074-index.htm

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