---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-040338"
form_type: "8-K"
ticker: "BLNE"
cik: "0001534708"
company_name: "Beeline Holdings, Inc."
filed_at: "2024-10-07T23:59:59+00:00"
generated_at: "2026-05-30T19:13:03.284757+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Eastside Distilling merges with Beeline Financial, eliminates $6.6M debt, appoints new directors and CFO

## Summary
- Closed debt exchange: $4,137,581 secured debt and $2,465,169 unsecured debt released; issued Series D/E preferred and common stock to creditors.
- Merger with Beeline Financial Holdings: Beeline shareholders receive 69,482,229 Series F and 517,771 Series F-1 preferred shares; Eastside gains mortgage tech platform.
- Board expanded from 4 to 6; Joe Freedman and Joe Caltabiano appointed directors; Christopher Moe named CFO.
- CEO Geoffrey Gwin gets $90,000 cash bonus, 400,000 vesting shares, and up to 1% of additional shares if Series F conversion price adjusted.
- Eastside believes it has regained Nasdaq equity compliance (formerly $853,000 equity vs $2.5M minimum) after the transactions.

## SEC filing metadata
- accession: 0001493152-24-040338
- form_type: 8-K
- ticker: BLNE
- cik: 0001534708
- company_name: Beeline Holdings, Inc.
- filed_at: 2024-10-07T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 3.01, 1.01, 5.03, 2.01, 3.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1534708/000149315224040338/0001493152-24-040338-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1534708/000149315224040338/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-040338
- JSON: https://secwatch.observer/filing/0001493152-24-040338.json
- Plain text: https://secwatch.observer/filing/0001493152-24-040338.txt

## Source-grounded claims
- claim_id: 4a0a61edb2
  claim: Joe Freedman was appointed as Director at Beeline Holdings, Inc..
  evidence_excerpt: the Board of Directors voted to increase the number of members of the Board of Directors from four to six and appointed to the vacancies two individuals designated by Beeline: Joe Freedman and Joe Caltabiano.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1534708/000149315224040338/0001493152-24-040338-index.htm
- claim_id: 538d61ca05
  claim: Christopher Moe was appointed as Chief Financial Officer at Beeline Holdings, Inc..
  evidence_excerpt: the Eastside Board of Directors appointed Christopher Moe, the Chief Financial Officer of Beeline, to serve as the Chief Financial Officer of Eastside.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1534708/000149315224040338/0001493152-24-040338-index.htm
- claim_id: 8e5ebb5192
  claim: Joe Caltabiano was appointed as Director at Beeline Holdings, Inc..
  evidence_excerpt: the Board of Directors voted to increase the number of members of the Board of Directors from four to six and appointed to the vacancies two individuals designated by Beeline: Joe Freedman and Joe Caltabiano.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1534708/000149315224040338/0001493152-24-040338-index.htm

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